Commerce and Industry Minister Piyush Goyal urged BRICS countries to link payment systems, expand local-currency trade, open markets and simplify regulations to strengthen intra-bloc commerce. At the BRICS Business Forum, he highlighted UPIs scale and called for cooperation in digital trade, critical minerals, supply chains, services and emerging technologies.

India is championing the integration of the Unified Payments Interface (UPI) for cross-border digital transactions within BRICS countries. This forward-thinking initiative is…

Piyush Goyal urged BRICS nations to boost women entrepreneurs in global trade. India shared its success in financial inclusion and collateral-free loans for women. The minister…

Experts urge BRICS nations to enhance banking links and local currency trade for improved economic cooperation and reduced transaction costs.

Goyal urges BRICS members to link payment systems, promote trade in local currencies | India News

BRICS finance ministers and central bank governors are exploring faster and cheaper cross-border payment systems, including greater use of local currencies for trade and…