<h1>India Calls for G-20 Cooperation to Address Global Risks Impacting Emerging Markets and Supports New BRICS Initiatives.</h1> India urged G-20 nations to coordinate actions to mitigate global risks affecting Emerging Market Economies (EMDEs), emphasizing the impact of trade tensions, financial vulnerabilities, and oil prices. India supported expanding the New Development Bank (NDB) membership and establishing an independent BRICS Rating Agency. At the G-20 Finance Ministers and BRICS Deputies meetings in Bali, India highlighted efforts to attract private infrastructure investment and initiatives to support African development. Discussions included the BRICS Contingent Reserve Arrangement and Fintech developments. India stressed the need for a BRICS Rating Agency tailored to emerging market conditions.