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Goyal urges BRICS nations to ease trade barriers and link payment systems

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Union Commerce Minister Piyush Goyal addressed BRICS member nations, calling on them to dismantle trade barriers and open their markets to one another. He advocated for linking payment systems across member countries and conducting trade in local currencies. Goyal also stressed the need to streamline customs procedures and expand services trade among the bloc. External Affairs Minister S Jaishankar echoed the sentiment, emphasizing the importance of transparent trade and investment practices. The collective push aims to strengthen business partnerships and improve market access for all BRICS member nations.

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