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The Economic Times

Economy / The Economic Times

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India urges BRICS to link payment systems, encourage local currency trade

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.

11 Sep 2026 8:00 pm