Sunday, December 28, 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

    Tebbit Test for Kashmiris who applaud Pakistan cricket team?

    Tebbit Test for Kashmiris who applaud Pakistan cricket team?
    Across its six columns on page one last Wednesday, The Indian Express screamed: “For ‘cheering’ Pakistan in India Match, University in Meerut suspends 67 Kashmiri students.”

    Tebbit Test for Kashmiris who applaud Pakistan cricket team?

    India's gift to South Korea: A sacred Bodhi Tree sapling

    India's gift to South Korea: A sacred Bodhi Tree sapling
    The sapling, carried by representatives of India's external affairs ministry and the forest service of South Korea, was received at Seoul airport Friday by Vishnu Prakash, India's ambassador to South Korea

    India's gift to South Korea: A sacred Bodhi Tree sapling

    Why Arvind Kejriwal wants to meet Narendra Modi

    Why Arvind Kejriwal wants to meet Narendra Modi
    AAP leader Arvind Kejriwal was Friday stopped while going to meet Gujarat Chief Minister Narendra Modi, shortly after he alleged widespread corruption and unemployment in the state

    Why Arvind Kejriwal wants to meet Narendra Modi

    Manmohan Singh: He ended with where he began

    Manmohan Singh: He ended with where he began
    Having travelled far and wide during his two terms as prime minister and having earned more praise as an economist-statesman overseas than within his country, the forum that marked his entry to the high table of global geopolitics should have an added significance.

    Manmohan Singh: He ended with where he began

    Punjab's Rs 65,000-crore investment: Is it for real?

    Punjab's Rs 65,000-crore investment: Is it for real?
    In the last three months, Sukhbir Singh Badal has been preening over the success of last December's "Progressive Punjab Investors' Summit", claiming that the creme-de-la-creme of Indian industry had promised to invest nearly Rs.67,000-crore (Rs.670 billion/$11 billion) in the state.

    Punjab's Rs 65,000-crore investment: Is it for real?

    Police arrest 14 AAP members, AAP alleges bias

    Police arrest 14 AAP members, AAP alleges bias
    Police have arrested 14 AAP members on charges of rioting outside the BJP office here and said Thursday they were looking two key AAP leaders. The AAP accused the police of bias.

    Police arrest 14 AAP members, AAP alleges bias