Friday, December 26, 2025
ADVT 
India

Modi leaves for BRICS summit in Brazil Sunday

Darpan News Desk IANS, 11 Jul, 2014 02:13 PM
    Prime Minister Narendra Modi will make his first foray into international diplomacy when he leaves Sunday for the sixth summit of BRICS countries July 15-16, with the meeting expected to discuss creation of development bank and reforms of the UN Security Council.
     
    It will also provide the first occasion for Modi, who took office May 26, to meet Chinese President Xi Jinping, Russian President Vladimir Putin as also leaders of Brazil and South Africa.
     
    The visit will be Modi's first participation in an international meeting as the prime minister. He will have bilateral meetings during his visit and also meet leaders of other South American countries along with other BRICS leaders. 
     
    The leaders of South American countries have been invited by Brazilian President Dilma Rousseff to meet the BRICS leaders.
     
    The summit will be held in Brazilian cities of Fortaleza and Brasilia.
     
    Officials have said that India will pursue the issue of UN Security Council reforms "in discussions in whatever form".
     
    The officials said Modi would be accompanied by Minister of State for Commerce and Industry (independent charge) Nirmala Sitharaman and National Security Advisor Ajit Doval.
     
    Modi will make a transit halt in Germany. 
     
    The officials said that the transit halt will be Berlin on way to Brazil and Frankfurt on his way back. 
     
    However, the much talked-about meeting with German Chancellor Angela Merkel will not take place as she is travelling to Brazil to watch the FIFA World Cup final Sunday between her country and Argentina.
     
    Signing of agreements to create BRICS Development Bank and Contingent Reserve Arrangement are being considered central to the agenda of the BRICS summit. 
     
    The BRICS Development Bank, which would mirror the World Bank, will have authorised capital to be used for infrastructure financing and sustainable development projects in member countries.
     
    The Contingent Reserve Arrangement will function as an additional buffer for BRICS countries facing difficulties with their balance of payments.
     
    Issues relating to climate change and export credit guarantees are also expected to come up for discussion.
     
    The summit will also come out with a declaration.
     
    Modi will have a bilateral meeting with Rousseff during which issues related to trade, investment, health, environment, science and technology will be discussed.
     
    He is also expected to meet Chinese President Xi Jinping, Russian President Vladimir Putin and South African President Jacob Zuma.
     
    The summit will inaugurate the second cycle of BRICS as each member country has hosted one summit meeting so far.
     
    While the meeting at Fortaleza will have discussions between leaders about the potential of BRICS, the working session between leaders of BRICS and the heads of government of south America will be held at Brasilia July 16.
     
    As part of the BRICS summit, meetings of business forums, trade ministers and business council would be held July 14.
     
    The first summit meeting of the BRICS was held 2009. The countries together account for more than 40 percent of the world's population.
     
     

    MORE India ARTICLES

    SC entrusts Padmanabhaswamy temple to five-member committee

    SC entrusts Padmanabhaswamy temple to five-member committee
    The Supreme Court Thursday entrusted the administration of the Sri Padmanabhaswamy temple in Kerala to a five-member committee headed by the district judge of Thiruvananthapuram.

    SC entrusts Padmanabhaswamy temple to five-member committee

    110 million vote in India, BJP says it's 'Modi tsunami'

    110 million vote in India, BJP says it's 'Modi tsunami'
    Nearly 110 million people peacefully voted Thursday in 117 Lok Sabha constituencies in 12 states in a staggered election that will see three more rounds to decide who gets to govern India the next five years.

    110 million vote in India, BJP says it's 'Modi tsunami'

    Elections 2014 Phase 6: Indians vote for 117 Lok Sabha seats across 11 states

    Elections 2014 Phase 6: Indians vote for 117 Lok Sabha seats across 11 states
    The polling for the sixth phase of elections, which will seal the fate of several heavyweights, is underway. Here’s a look at highlights from 117 Lok Sabha seats across 11 state

    Elections 2014 Phase 6: Indians vote for 117 Lok Sabha seats across 11 states

    Sex, Lies and Goa's Massage Parlours

    Sex, Lies and Goa's Massage Parlours
    A promise of a "full massage" in Goa's coastal belt more often than not translates into a covert sexual proposition or at least a "happy ending" for the many groups of single male domestic tourists who form a large component in Goa's tourism arrival figure. The state attracted three million tourists last year alone.

    Sex, Lies and Goa's Massage Parlours

    Indian gay student granted asylum in Australia

    Indian gay student granted asylum in Australia
    A gay Indian student, who fled his country to escape his oppressive family and an arranged marriage, has been granted refugee status in Australia.

    Indian gay student granted asylum in Australia

    Election Special: Something amiss in Punjab's first political family?

    Election Special: Something amiss in Punjab's first political family?
    Punjab's first political family - the Badals - are certainly not their usual self, politically speaking. Recent events relating to the family of Chief Minister Parkash Singh Badal clearly indicate that there is something amiss.

    Election Special: Something amiss in Punjab's first political family?