• About Us
  • Our Editorial Policy
  • Business Directory
  • Advertise with Us
  • Our Advertisers
  • Contact Us
Australia India News
India News Australia
  • Home
  • Current Issue
    Past Issue
  • India News
  • Politics
  • Business
  • World
    World This Week
  • Community News
  • What's On
  • Others
    Yoga in Australia News COVID-19 Community News Naari IPL News Health Travel Entertainment
  • Migrants Expo
  • National Events
  • Please wait..
Business and Trade news

FM Sitharaman discusses strategic partnerships with BRICS Finance Ministers

  • BY India News Newsdesk
  • July 6, 2025
  • 0 COMMENTS

Rio de Janeiro, July 6 (IANS) Finance Minister Nirmala Sitharaman, during her meetings with BRICS counterparts here, discussed issues of bilateral cooperation, including cooperation in multiple sectors to further strengthen strategic partnerships, according to an official statement.

In her meeting with Russian Finance Minister Anton Siluanov on the sidelines of the ‘BRICS Finance Ministers and Central Bank Governors’ meeting, she discussed India-Russia long-standing partnership.

FM Sitharaman also expressed gratitude for the support extended by President Vladimir Putin after the Pahalgam terror attack, according to a Finance Ministry post on X social media platform.

“The Union Finance Minister observed that India and Russia enjoy exemplary levels of mutual trust and understanding and our Special and Privileged Strategic Partnership remains resilient and steadfast,” the ministry informed.

She also congratulated Russia for its successful Chairship of the BRICS in 2024 and said that India will continue to leverage the BRICS platform to build South-South cooperation in areas of common interest. They also discussed modalities of various initiatives recently taken up in BRICS.

The two sides also discussed issues of bilateral cooperation, including cooperation in the financial sector, along with matters related to the New Development Bank (NDB).

FM Sitharaman met Fernando Haddad, Finance Minister of Brazil, and discussed issues of mutual interest, including, South-South cooperation, amplifying the voice of the Global South, COP30 and climate finance issues, and engagement in regional and global forums such as the United Nations, G20, BRICS, WTO and IBSA.

Appreciating the deep work by Brazil during its BRICS Chairship, including commitment to a multipolar world order, and expansion of BRICS, the finance minister said India supports the agenda and priorities set by Brazil, and hopes to carry forward the outcome-oriented cooperation when India takes over the Chairship in January 2026.

FM Sitharaman said that India and Brazil, as strategic partners, share warm and cordial ties spanning across multiple sectors, and are cooperating closely in multiple sectors to further strengthen strategic partnership.

In her meeting with Lan Fo’an, Finance Minister of China, the finance minister underlined that India and China are uniquely positioned to drive inclusive global growth and innovation as the two nations are the largest and fastest-growing economies in the world.

She highlighted that India and China can strengthen collaboration across a wide range of areas due to the common rich human capital, deep civilisational ties, and expanding economic influence, according to the ministry.

The finance minister suggested that deeper engagement between the two countries can help to amplify the voice of developing economies, and shape global narratives that reflect the priorities and aspirations of the Global South.

—IANS

na/

Post navigation

425 under surveillance as Kerala battles fresh Nipah virus outbreak
S. Korea to deepen manufacturing cooperation in trade talks with US

Related Post

Gujarat: Industry backs ONOE proposal, links repeated elections to estimated Rs 12000-Rs 15000 crore annual loss
May 26, 2026
DGCA issues Ebola precaution SOP for airlines linked to Congo, Uganda
May 26, 2026
Govt declines blanket extension for ALMM solar cell norms beyond June 2026
May 26, 2026
BSNL revenue rises from Rs 21,000 crore to Rs 25,000 crore in 2 years
May 26, 2026

Our Current Issue

Australia IA – May 16-31, 2026

Alluring India 2026

Alluring India 2026

Our Advertisers

  • Battery Rebate australia
  • Bess Australia Solar Panels

Follow Us

  • facebook
  • facebook
  • facebook
  • facebook
INDIA NEWS on YouTube in Australia, bring to our readers and subscribers national and international news, editorials, expert columns, community activities and interviews of political leaders, celebrities, business professionals, academics and sport personalities among others.
  • facebook
  • facebook
  • facebook
  • facebook

Category

  • Accident
  • Adani Australia
  • Advertorial
  • Arts & Culture
  • Ashes 2022
  • Australia

Recent News

  • French Open: Svitolina battles past Bondar in...
  • French Open: Svitolina battles past Bondar in...

Subscribe Newsletter

Get the latest creative news from india news

  • Privacy Policy
  • Disclaimer