• Dr. T D Verma

Economic diplomacy is the art of serving economic interest, security and strategic concerns of a country by the use of economic instruments to ensure healthy and cordial bilateral as well as multilateral relations. The spread and intensification process of economic liberalization and globalization have played significant role in the transformation of developing countries across the world. A notable emerging feature of present day economic diplomacy is emergence of various regional and global institutions and mechanisms for consultations, coordination and cooperation on various economic issues. In this regard BRICS economic bloc of emerging economies having around 40% of global population, 24% of global GDP and 18% of world trade, has broadened its horizon gradually and presently takes on the global issues such as climate change, terrorism, management of global financial crisis, facilitation of global trade and investment , creation of employment and sustainable development, reforms of international financial institutions etc. India as a founder member of the group plays decisive and strategic role in the process of deliberations and decision making in the changing global equations. Hence an attempt has been made in this article to analyze relevance of trade diplomacy in BRICS bloc to leverage potential of demographic dividend in our country to realize goal of Atamanirbhar Bharat in the backdrop of US-China trade war, Ukraine-Russia war, Covid-19 pandemic and global economic uncertainties.

Globalisation, Economic bloc, Diplomacy, Pandemic, Atamanirbhar , Strategy

"RELEVANCE OF TRADE DIPLOMACY IN BRICS BLOC IN THE CHANGING GLOBAL SCENARIO", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.10, Issue 1, page no.e64-e76, January-2023, Available :http://www.jetir.org/papers/JETIR2301420.pdf

"RELEVANCE OF TRADE DIPLOMACY IN BRICS BLOC IN THE CHANGING GLOBAL SCENARIO", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.10, Issue 1, page no. ppe64-e76, January-2023, Available at : http://www.jetir.org/papers/JETIR2301420.pdf