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India BRICS

BRICS Pay could help Indian traders access faster cross-border payments and support export growth, while farmers may benefit indirectly through stronger supply chains.

India’s BRICS trade deficit reached USD 209 billion in 2024, while MSME exporters face barriers involving finance, logistics, compliance and market access.

India will host BRICS Youth and Sports Ministers’ Meetings in Visakhapatnam on August 22 and 23, focusing on youth development and sports cooperation.