The 15th BRICS Summit held in Johannesburg, South Africa this month has once again put the spotlight on the Lesotho Highlands Water Project (LHWP) as a shining example of multilateralism and the New Development Bank’s (NDB)commitment to financing sustainable development projects within BRICS countries and other developing countries.
Lula also compared the economic progress of both countries, noting that while India had risen from the 15th to the 6th largest economy in the world, Brazil had slipped from the 6th to the 12th.
He added, "We can review the topics decided in this Summit in that virtual session. I hope you all will connect in the virtual session. With this, I declare the conclusion of G20 Summit". India had taken over the G20 presidency from Indonesia during the Bali Summit last year. 📰 G20 Summit 2023: PM Narendra Modi Announces Closure of Delhi Summit, Hands Over Ceremonial Gavel to Brazil President Lula da Silva (Watch Video).