Saturday, December 27, 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

    Delhi policemen learning how to tackle cyber crime

    Delhi policemen learning how to tackle cyber crime
     As many as 65 Delhi Police officials are being trained to tackle the growing menace of cyber crime, officials said Thursday.

    Delhi policemen learning how to tackle cyber crime

    CAG can audit telecom operators: SC

    CAG can audit telecom operators: SC
    The Supreme Court Thursday said the national auditor CAG can audit telecom operators' account books to ascertain whether the government was getting its due share from service providers to whom it given the scarce natural resource that belongs to the people.

    CAG can audit telecom operators: SC

    SC rejects plea to probe Indian army's role in Sri Lanka

    SC rejects plea to probe Indian army's role in Sri Lanka
    The Supreme Court Thursday declined to entertain a plea for a Special Investigative Team (SIT) probe into the alleged "clandestine" role of the Indian Army in the Sri Lankan government's 2008-2009 operation against the rebel Tamil organisation LTTE.

    SC rejects plea to probe Indian army's role in Sri Lanka

    'US committed to security partnership with strong and influential India'

    'US committed to security partnership with strong and influential India'
    "That's why we are committed to a partnership that includes a strong and influential India in the security realm," she said speaking on "US Foreign Policy in South Asia: A Vision for Prosperity and Security".

    'US committed to security partnership with strong and influential India'

    116 million vote in sixth round of Lok Sabha battle

    116 million vote in sixth round of Lok Sabha battle
    An estimated 116 million people voted peacefully Thursday in the critical sixth round of parliamentary election to pick 121 MPs from 12 states, officials said.

    116 million vote in sixth round of Lok Sabha battle

    I should have consulted people before quitting- Arvind Kejriwal

    I should have consulted people before quitting- Arvind Kejriwal
    AAP leader Arvind Kejriwal on Wednesday said he committed a "mistake" of not consulting people before resigning as chief minister of Delhi.

    I should have consulted people before quitting- Arvind Kejriwal