Osaka: Prime Minister Narendra Modi on Friday said that terrorism is the biggest threat to humanity which not only kills innocents but also severely affects the economic development and social stability.
Speaking at the informal BRICS leaders' meeting in Osaka, Modi said that there is a need to stop all the mediums of support to terrorism and racism.
"Terrorism is the biggest threat to humanity. It not only kills innocents but also severely affects the economic development and social stability," he said.
In his remarks, Modi spoke about strengthening the WTO, fighting protectionism, ensuring energy security and the need to work together to fight terrorism.
"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 multilateral global trade systems. Deficiency of resources, there is a shortfall of almost USD 1.3 trillion investment in the infrastructure," he added.