BRICS Cooperation for Critical Minerals and AI

Securing Supply Chains for Critical Minerals

• Prime Minister emphasized the need for BRICS countries to work together to secure supply chains for critical minerals.
• Critical minerals like lithium, nickel, and graphite are essential for high-tech products such as electric vehicles and battery storage.
• He highlighted concerns over countries, particularly China, using these resources as a "weapon" against others.

Artificial Intelligence and Global Standards

• PM called for the creation of global standards for the use of artificial intelligence (AI) to ensure transparency and prevent misuse.
• He announced India's plan to organize the AI Impact Summit next year.
• Emphasized the need for resolving concerns and encouraging innovation in AI governance.
• Proposed global standards to verify the authenticity of digital content, enhancing transparency.

BRICS Science and Research Repository

• Proposed the creation of a BRICS Science and Research Repository to benefit the Global South.

Sustainability and Inclusive Development

• Discussed the importance of including countries facing crises in food, fuel, fertilizer, and finance.
• Redefining BRICS under India's chairmanship as Building Resilience and Innovation for Cooperation and Sustainability.

Bilateral Meetings

• Met with Bolivian President to discuss cooperation in critical minerals, trade, investment, and healthcare.
• Discussed cooperation in trade, chemicals, pharmaceuticals, technology, and defense with President of Uruguay.