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Transcripts for BBCNEWS Asia Business Report 20240604 01:36:00

dollar in global trade along. archana shukla has more from mumbai. well, over the last years, brics has seen its influence and economic significance grow. it now accounts for over 17% of global trade. for india, the summit is crucial, both from its economic and security interests. now, russia is its largest arms supplier and now is also a key energy supplier. china continues to be the second biggest trade partner to india while being in a border dispute. but the brics has given india a status as a global power in league with russia and china and a voice to be for the global south. this is what india would like to establish even in the current brics summit. so while issues like economic cooperation, food security and expansion of the brics will be discussed, but amidst the geopolitical flux post the russia ukraine war issues of global peace terrorism will also be taken up. and here the meet will be an opportunity for indian prime minister. right ahead of the g20 leaders summit next mont

Transcripts for BBCNEWS Asia Business Report 20240604 23:36:00

western institutions. one hot topic is whether they can work together on alternatives to the us dollar in global trade along. archana shukla has more from mumbai. well, over the last years, brics has seen its influence and economic significance grow. it now accounts for over 17% of global trade. for india, the summit is crucial, both from its economic and security interests. now, russia is its largest arms supplier and now is also a key energy supplier. china continues to be the second biggest trade partner to india while being in a border dispute. but the brics has given india a status as a global power in league with russia and china and a voice to be for the global south. this is what india would like to establish even in the current brics summit. so while issues like economic cooperation, food security and expansion of the brics will be discussed, but amidst

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