BRICS Takes Center Stage Amid Global Shifts: Modi's Interview with Nikkei

Indian Prime Minister Narendra Modi has emphasized the importance of the BRICS grouping in shaping a multipolar world, citing the need for more effective global governance. Modi also highlighted the need to upgrade ties with Japan, calling it the "need of the hour".

Indian Prime Minister Narendra Modi has underscored the significance of the BRICS grouping in shaping a multipolar world, stating that it is crucial for effective global governance. In an exclusive interview with Nikkei, Modi highlighted the need to upgrade ties with Japan, describing it as the "need of the hour" [1].

Modi's remarks come as he prepares for his visit to Japan, where he is scheduled to meet with Prime Minister Shigeru Ishiba and other Japanese officials. The visit, which will take place over the next two days, is part of a broader effort to strengthen India's economic and strategic ties with Japan [2].

During his visit, Modi is expected to secure investment pledges from Japan totaling more than 10 trillion yen ($68 billion). The two sides are also expected to sign an economic security pact covering cooperation on semiconductors, critical minerals, and artificial intelligence. This agreement is part of a broader effort to bolster the Indian economy against soaring US tariffs [3].

The BRICS grouping, which includes Brazil, Russia, India, China, and South Africa, has become increasingly important as the world order faces significant challenges. Modi's emphasis on the need for effective global governance reflects a broader trend among world leaders to seek new mechanisms for international cooperation in the face of a changing geopolitical landscape.

The upgrade of ties with Japan is also seen as a strategic move by India. Japan has consistently ranked India as one of the most promising long-term investment destinations, and the two countries have a history of close cooperation on a range of issues, from defense to trade and infrastructure [2].

In addition to the economic and strategic benefits of upgrading ties with Japan, Modi's visit is also expected to strengthen India's position in the region. The two countries are closely aligned on issues related to the Indo-Pacific region, and their cooperation is seen as a counterbalance to the growing influence of China [2].

As Modi prepares for his visit to Japan, it is clear that the upgrade of ties with Japan and the emphasis on the BRICS grouping are part of a broader strategy to position India as a key player in the global economy and a leader in the quest for effective global governance.

References:
[1] https://asia.nikkei.com/editor-s-picks/interview/modi-talks-up-brics-s-important-role-amid-geopolitical-shifts
[2] https://indianexpress.com/article/explained/overview-of-india-japan-relationship-pm-modi-10217535/
[3] https://www.business-standard.com/economy/news/pm-modi-to-secure-68-bn-japan-investment-boost-ai-chip-ties-during-visit-125082900115_1.html