FM Nirmala Sitharaman discusses strategic partnerships with BRICS Finance Ministers in Rio de Janeiro –

Finance Minister Nirmala Sitharaman discussed various issues of bilateral cooperation, including collaboration across multiple sectors to further strengthen strategic partnerships during her meetings with BRICS counterparts in Rio de Janeiro last night.
 
 
In her meeting with Russian Finance Minister Anton Siluanov on the sidelines of the BRICS Finance Ministers and Central Bank Governors meeting, she discussed issues of bilateral cooperation, particularly in the financial sector, as well as matters related to the New Development Bank.
 
 
Finance Minister Sitharaman also met with Lan Fo’an, Finance Minister of China. She emphasized that India and China are uniquely positioned to drive inclusive global growth and innovation, as the two largest and fastest-growing economies in the world.
 
 
Finance Minister Sitharaman highlighted that the two countries can strengthen collaboration across a wide range of areas, given their rich human capital, deep civilizational ties, and expanding economic influence.
 
 
In her meeting with Fernando Haddad, Finance Minister of Brazil, they discussed issues of mutual interest including South-South cooperation, amplifying the voice of the Global South, COP30 and climate finance, and engagement in regional and global forums such as the United Nations, G20, BRICS, and WTO.
 
 
Appreciating Brazil’s dedicated efforts during its BRICS Chairship, including its commitment to a multipolar world order and the expansion of BRICS, the Finance Minister stated that India supports the agenda and priorities set by Brazil and looks forward to continuing this outcome-oriented cooperation when India assumes the Chairship in January 2026.