The 15th BRICS Trade Ministers Meeting, held on May 21, 2025, under the Brazilian Presidency, focused on strengthening Global South cooperation for inclusive and sustainable governance. India advocated for the dismantling of export controls among BRICS nations and emphasized the need for mutual support within the bloc. Key outcomes included the endorsement of a Joint Declaration with annexures on WTO reform, data economy governance, and trade and sustainable development. The declaration raised concerns about climate-related trade measures being used as unjustifiable discrimination. India reaffirmed its commitment to a fair, transparent, and rules-based multilateral trading system, advocating for WTO reform, including a permanent solution for public stockholding for food security. India also promoted its "30 for 30" proposal for incremental WTO improvements and highlighted the importance of sustainable development and the elimination of restrictive trade measures. The meeting recognized digital transformation and technology-driven growth as vital areas for collaboration, with India highlighting its leadership in digital governance and commitment to global cooperation in digital public infrastructure, artificial intelligence, and cybersecurity. Indonesia's induction as a new BRICS member was also welcomed.
Key Entities Referenced
Ministry of Commerce Industry India: The Indian government ministry responsible for trade and industry.
BRICS: An intergovernmental organization comprising Brazil, Russia, India, China and South Africa.
15th BRICS Trade Ministers Meeting: A meeting of trade ministers from BRICS member states.
BRICS Declaration: A formal statement issued by the BRICS member states.
Digital Public Infrastructure: Recognized as a tool for inclusive digital transformation.
PIB Delhi: Press Information Bureau, Delhi - the Indian government agency responsible for disseminating information to the media.
Brazil: A BRICS member state that held the Presidency during the 15th BRICS Trade Ministers Meeting.
Global South: Refers to countries typically outside of the Western world, often with developing economies.
Joint Declaration: Endorsed document with annexures on WTO Reform, Data Economy Governance, and Trade and Sustainable Development.
BRICS Declaration on WTO Reform and Strengthening of Multilateral Trading System: One of the three annexures to the Joint Declaration, focusing on WTO reform.
BRICS Data Economy Governance Understanding: One of the three annexures to the Joint Declaration, pertaining to data economy governance.
BRICS Trade and Sustainable Development Framework: One of the three annexures to the Joint Declaration, addressing trade and sustainable development.
Union Commerce and Industry Minister Shri Piyush Goyal: The Commerce and Industry Minister of India.
Indonesia: A nation welcomed as a new BRICS member in 2025.
WTO: World Trade Organization
Permanent Solution to Public Stockholding PSH for food security: A longstanding developmental issue related to food security and public stockholding.
30 for 30: An Indian proposal to introduce 30 incremental improvements to mark WTO’s 30th anniversary in 2025.
Economic Adviser in the Department of Commerce, Shri Yashvir Singh: The representative of India at the meeting.
Environmentally Sound Technologies ESTs: Technologies that are environmentally friendly.
Mission LiFE: India's global initiative advocating mindful consumption and circular economy practices.
Digital India: A flagship initiative by India to promote digital governance.
IndiaAI: A flagship initiative by India related to Artificial Intelligence.
Global Partnership on AI GPAI: A forum for international cooperation on artificial intelligence.
G20: A forum for international cooperation of major economies.
Ministry of Commerce & Industry
India calls for dismantling of export controls among
BRICS members at 15th BRICS Trade Ministers’
Meeting
BRICS Declaration highlights concerns over
unilateral climate-related trade measures
Digital Public Infrastructure recognised as a tool for
inclusive digital transformation
Posted On: 23 MAY 2025 5:30PM by PIB Delhi
The 15th BRICS Trade Ministers’ Meeting was held on 21st May 2025 under the Presidency of Brazil, with
the theme, “Strengthening Global South Cooperation for More Inclusive and Sustainable Governance.” India
used the platform to oppose export controls among BRICS members, encouraging mutual support within the
bloc. As India prepares to assume the BRICS Presidency in 2026, it commended the solution-oriented
approach of the Brazilian Presidency in addressing critical trade issues.
A key outcome of the meeting was the endorsement of the Joint Declaration along with three annexures:
1. BRICS Declaration on WTO Reform and Strengthening of Multilateral Trading System
2. BRICS Data Economy Governance Understanding
3. BRICS Trade and Sustainable Development Framework
These documents collectively reaffirm BRICS’ commitment to equitable, inclusive, and rules-based global
trade. The Declaration especially emphasised that climate-related trade measures should not serve as tools of
unjustifiable discrimination or disguised trade restrictions.
A speech delivered on behalf of Union Commerce and Industry Minister Shri Piyush Goyal
extended India’s appreciation to Brazil for its efforts in building consensus and welcomed
Indonesia’s induction as a new BRICS member in 2025. Reaffirming India’s commitment to a fair,
transparent, inclusive, and rules-based multilateral trading system, the speech called on BRICS
nations to promote a decentralised global trade architecture that addresses the developmental
needs of the Global South.
On the subject of WTO reform, India highlighted the need for resolving longstanding developmental issues,
particularly calling for a Permanent Solution to Public Stockholding (PSH) for food security. The Indian
proposal of “30 for 30,” which seeks to introduce 30 incremental improvements to mark WTO’s 30th
anniversary in 2025, was also emphasised. India reiterated that sustainable development is deeply rooted in its
cultural ethos and must remain a cornerstone of international trade governance.
Representing India at the meeting Economic Adviser in the Department of Commerce, Shri Yashvir Singh,
emphasised the need to eliminate restrictive trade measures that disrupt critical supply chains. India urged
developed nations to ensure the concessional transfer of Environmentally Sound Technologies (ESTs),supported by adequate financial resources. The speech also spotlighted Mission LiFE, India’s global initiative
advocating mindful consumption and circular economy practices as part of an equitable climate responsibility
framework.
Digital transformation and technology-driven growth were recognised as vital areas for future collaboration.
India reaffirmed its leadership in inclusive digital governance through flagship initiatives like Digital India
and IndiaAI. It also reiterated its commitment to global cooperation in Digital Public Infrastructure (DPI),
artificial intelligence, and cybersecurity under forums such as the Global Partnership on AI (GPAI) and G20.
The BRICS Data Economy Governance Understanding acknowledged DPI as a key enabler of digital
economic transformation.
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Abhishik Dayal/ Abhijith Narayanan/ Ishita Biswas
(Release ID: 2130774)