<p>Describing terrorism as the biggest threat to humanity, Prime Minister Narendra Modi Friday said the scourge not only kills innocents but also severely affects the economic development and social stability.</p>.<p>Speaking at the informal BRICS leaders' meeting in Osaka on the sidelines of the G20 summit, Modi said that there is a need to stop all the mediums of support to terrorism and racism.</p>.<p>"Terrorism is the biggest threat to humanity. It not only kills innocents but also severely affects the economic development and social stability," he said.</p>.<p>On terrorism, Prime Minister Modi said it is a global challenge and must be collectively fought by the international community, Foreign Secretary Vijay Gokhale told reporters.</p>.<p>On the deliberations of the BRICS leaders, Gokhale said they also discussed multilateral challenges and emphasised that these should be dealt with through the established institutions, instead of "unilateralism".</p>.<p>Chinese President Xi Jinping and Russian President Vladimir Putin were present.</p>.<p>The Prime Minister also congratulated Jair Bolsonaro on being elected as the President of Brazil and welcomed him in the BRICS family.</p>.<p>He also congratulated Cyril Ramaphosa on his election as the President of South Africa as the BRICS (Brazil, Russia, India, China and South Africa) leaders met.</p>.<p>In his remarks, Modi spoke about strengthening the World Trade Organisation, fighting protectionism, ensuring energy security and the need to work together to fight terrorism.</p>.<p>"Today, I will focus on the three major challenges. First is the instability and downfall in the global economy. Unilateralism and competitiveness are overshadowing the rule-based mutilateral global trade systems.</p>.<p>"Deficiency of resources, there is a shortfall of almost USD 1.3 trillion investment in the infrastructure," he said.</p>.<p>The second one is to make development sustainable and all-inclusive. Fast changing technologies like digitalisation and climate change pose a challenge to the current as well as future generations, Modi said.</p>.<p>Development is worthwhile only when it reduces inequality and contribute in empowerment, he said. </p>
<p>Describing terrorism as the biggest threat to humanity, Prime Minister Narendra Modi Friday said the scourge not only kills innocents but also severely affects the economic development and social stability.</p>.<p>Speaking at the informal BRICS leaders' meeting in Osaka on the sidelines of the G20 summit, Modi said that there is a need to stop all the mediums of support to terrorism and racism.</p>.<p>"Terrorism is the biggest threat to humanity. It not only kills innocents but also severely affects the economic development and social stability," he said.</p>.<p>On terrorism, Prime Minister Modi said it is a global challenge and must be collectively fought by the international community, Foreign Secretary Vijay Gokhale told reporters.</p>.<p>On the deliberations of the BRICS leaders, Gokhale said they also discussed multilateral challenges and emphasised that these should be dealt with through the established institutions, instead of "unilateralism".</p>.<p>Chinese President Xi Jinping and Russian President Vladimir Putin were present.</p>.<p>The Prime Minister also congratulated Jair Bolsonaro on being elected as the President of Brazil and welcomed him in the BRICS family.</p>.<p>He also congratulated Cyril Ramaphosa on his election as the President of South Africa as the BRICS (Brazil, Russia, India, China and South Africa) leaders met.</p>.<p>In his remarks, Modi spoke about strengthening the World Trade Organisation, fighting protectionism, ensuring energy security and the need to work together to fight terrorism.</p>.<p>"Today, I will focus on the three major challenges. First is the instability and downfall in the global economy. Unilateralism and competitiveness are overshadowing the rule-based mutilateral global trade systems.</p>.<p>"Deficiency of resources, there is a shortfall of almost USD 1.3 trillion investment in the infrastructure," he said.</p>.<p>The second one is to make development sustainable and all-inclusive. Fast changing technologies like digitalisation and climate change pose a challenge to the current as well as future generations, Modi said.</p>.<p>Development is worthwhile only when it reduces inequality and contribute in empowerment, he said. </p>