BRICS Business Forum 2026: Piyush Goyal pushes nations to open markets, cut trade barriers

Union Commerce and Industry Minister Piyush Goyal on Friday called on BRICS member and partner countries to link their payment systems, promote trade in local currencies and simplify regulatory procedures to deepen intra-BRICS trade and build more resilient supply chains. Addressing the BRICS Business Forum in New Delhi, Goyal said India's digital payment infrastructure, including the Unified Payments Interface (UPI), could provide a basis for greater cross-border cooperation among BRICS economies.

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