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India is one of the most investment-friendly nation: PM Modi

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Prime Minister Shri Narendra Modi has said India is one of the world’s most open and investment-friendly nations due to business-friendly reforms, political stability and predictable policy. Addressing the Leaders Dialogue with BRICS Business Council and New Development Bank at Brasilia, Mr Modi invited business leaders to invest in India. He said that BRICS economic cooperation will be strengthened only by the full cooperation of the Council and NDB for which a partnership agreement between the two will be very useful.

Earlier addressing the plenary session of the 11th BRICS Summit, the Prime Minister lauded successful 10 years of establishment of BRICS.

The Prime Minister said that the menace of terrorism has resulted in the loss of one trillion dollars to the world economy. He appreciated the first seminar on BRICS Strategies for Countering Terrorism and expressed hope that such activities along with five working groups on terrorism will boost the BRICS Security Cooperation.