New Delhi, June 5- India supports a fair and rule-based global trading system—one that adequately addresses the needs and aspirations of the Global South—Lok Sabha Speaker Om Birla today said, addressing the 2nd Working Session of the BRICS Parliamentary Forum at Brasilia, Brazil.
Birla called the Forum a vital platform where through shared efforts and dialogue, contours of economic development can be redefined. “Despite global challenges, BRICS nations have made inspiring progress in the realm of economic development. India believes that to further strengthen this progress, we must enhance intra-BRICS trade, investment, and financial cooperation,” he said
Terming India’s economic journey “remarkable”, Birla said despite global uncertainties and domestic challenges, the country consistently outperformed the global growth average, rising from the 10th largest economy in 2014 to the 4th largest today
“From 2014-15 to 2024-25, India’s GDP has grown at an average rate of over 7%, making it the fastest-growing major economy in the world.” Birla noted, attributing it to “India’s stable governance, strong constitutional institutions, the rule of law, a transparent and accountable tax system, and decisive leadership that has earned the trust of global investors”.
Calling terrorism the biggest threat to global peace and stability in today’s era, Birla said that the Pahalgam terror attack has shaken not only India but also the conscience of the entire world. “Pakistan has failed to take concrete action against the terrorist infrastructure operating from its territory; India exercised its right to respond, to prevent such cross-border attacks in the future, and to defend itself, he said
On Operation Sindoor Birla said “these steps were measured, non-provocative, proportionate, and responsible. Their sole objective was to destroy terrorist infrastructure and neutralize the capabilities of terrorists.”
“Today’s India is firmly committed to a policy of zero tolerance towards all forms of terrorism and gives a strong response to every terrorist attack,” he added.
