{
  "id": 6904615,
  "title": "BRICS Summit: Big push for Global South to become ‘rule-shaper,’ 10-point reform roadmap – What PM Modi said",
  "url": "https://urgent.news/2026/09/12/brics-summit-big-push-for-global-south-to-become-rule-shaper-10-point",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-12T10:10:17.000Z",
  "source": {
    "name": "Live Mint",
    "slug": "live-mint",
    "url": "https://www.livemint.com/news/india/brics-summit-big-push-for-global-south-to-become-rule-shaper-10-point-reform-roadmap-what-pm-modi-said-11789206353954.html"
  },
  "original_language": "en",
  "account": "Prime Minister Narendra Modi addressed the BRICS Summit 2026 in New Delhi, advocating for a more ambitious agenda for the next two decades and calling for the Global South to transition from being passive recipients of global decisions to active shapers of them. Modi described the BRICS grouping as having reached a moment of \"coming of age\" after two decades of establishing its identity globally.\n\nModi emphasized the need to translate internal unity and consensus into tangible results on the global stage, stating that now is the time to convert the grouping's strength into action. He highlighted the current global governance system as heavily skewed towards a few powerful nations, leaving the Global South with limited influence over crucial decisions.\n\nTo address this imbalance, Modi proposed a 10-point reform roadmap for global governance, targeting greater representation and responsiveness within international financial institutions and the UN Security Council. He suggested equipping young diplomats and policymakers from the Global South with negotiation skills, legal expertise, and practical training to enable them to participate more effectively in shaping international rules.\n\nModi likened the existing global governance system to a \"pyramid of privilege,\" with power and decision-making concentrated at the top, while countries lower down are often left to bear the consequences of decisions in which they have little say. He proposed transforming this pyramid into a \"platform of partnership,\" where every country has a voice and stake.\n\nThe Indian Prime Minister also called for reforming the United Nations Security Council, arguing that the issue could no longer be postponed and advocating for negotiations tied to a definite timeframe and clear outcomes. He emphasized that countries driving global economic growth should play a significant role in shaping global economic governance.\n\nBRICS cooperation was also proposed to establish development-chain resilience for long-term economic growth in the Global South, focusing not only on addressing supply-chain disruptions. Modi's proposals aimed to expand BRICS' agenda beyond economic cooperation, encompassing global governance, technology, institutional reform, and humanitarian coordination, with the three broad themes of Representation, Responsiveness, and Rule-making guiding the broader vision.",
  "summary": "BRICS Summit: Modi said BRICS must now translate its internal unity and consensus into tangible results internationally. Now is the time for us to translate our unity and consensus within BRICS into tangible results on the global stage, Modi said in his opening remarks.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 4,
    "also_reported_by": [
      {
        "outlet": "Reuters Business via SCMP",
        "title": "China targets ‘toxic’ traffic as viral sensations upend daily life and public services",
        "url": "https://urgent.news/2026/09/12/china-targets-toxic-traffic-as-viral-sensations-upend-daily-life-and",
        "published": "2026-09-12T04:00:10.000Z"
      },
      {
        "outlet": "Live Mint",
        "title": "BRICS can help Global South build resilience beyond supply chains: China Daily ahead of Xi-Modi meeting",
        "url": "https://urgent.news/2026/09/12/brics-can-help-global-south-build-resilience-beyond-supply-chains",
        "published": "2026-09-12T04:14:07.000Z"
      },
      {
        "outlet": "The Business Times - Companies & Markets",
        "title": "‘The biggest risk is low liquidity’: South Korea tests global demand for after-hours stock trading",
        "url": "https://urgent.news/2026/09/13/the-biggest-risk-is-low-liquidity-south-korea-tests-global-demand-for",
        "published": "2026-09-13T05:38:56.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}