September 11, 2026 12:56 PM

BRICS Business Forum: Goyal calls for linked payment systems, local currency trade

Union Commerce and Industry Minister Piyush Goyal on Friday called on BRICS member and partner countries to deepen economic cooperation by opening markets, simplifying regulatory procedures, linking payment systems and promoting trade in local currencies. Addressing the opening session of the BRICS Business Forum in New Delhi, Goyal said BRICS, which accounts for nearly one-fourth of global trade, has significant potential to strengthen trade and investment partnerships and build more resilient...