Close X
Friday, November 29, 2024
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

    Nawaz Sharif's India visit: Sand artist creates image on peace

    Nawaz Sharif's India visit: Sand artist creates image on peace
    Sand artist Sudarsan Pattnaik Sunday created a sand sculpture on peace in Odisha ahead of Pakistani Prime Minister Nawaz Sharif's visit to India.

    Nawaz Sharif's India visit: Sand artist creates image on peace

    It's official: Modi to merge ministries, Small, compact Cabinet shaping up

    It's official: Modi to merge ministries, Small, compact Cabinet shaping up
    A small and compact cabinet under Narendra Modi appeared to be taking final shape Sunday, with BJP leaders Rajnath Singh, Arun Jaitley, and Sushma Swaraj likely to get the top posts, according to party sources.

    It's official: Modi to merge ministries, Small, compact Cabinet shaping up

    AAP to think small again: Focus on Delhi, may not contest Haryana

    AAP to think small again: Focus on Delhi, may not contest Haryana
    Stung by its rout in the general election, where it won only four out of 440 Lok Sabha seats it contested, all of them from Punjab, the AAP is now back to thinking small and may not contest assembly elections in Haryana scheduled for this October.

    AAP to think small again: Focus on Delhi, may not contest Haryana

    History will be made Monday as Narendrabhai Damodardas Modi takes oath

    History will be made Monday as Narendrabhai Damodardas Modi takes oath
    It would be history in the making, in more senses than one. A man who once helped his family make ends meet by vending tea at a railway station in between his classes, and who once wandered around the country to find his spiritual moorings, will take his oath as India's 14th prime minister

    History will be made Monday as Narendrabhai Damodardas Modi takes oath

    Shazia Ilmi, Capt.Gopinath quit AAP, hit out at Arvind Kejriwal

    Shazia Ilmi, Capt.Gopinath quit AAP, hit out at Arvind Kejriwal
     In a double whammy for the Aam Aadmi Party, two of its key leaders - Shazia Ilmi and G.R. Gopinath - Saturday quit the party and lashed out at its chief Arvind Kejriwal's policies and attitude.

    Shazia Ilmi, Capt.Gopinath quit AAP, hit out at Arvind Kejriwal

    Sonia asks partymen not to bicker in public, learn lessons from rout

    Sonia asks partymen not to bicker in public, learn lessons from rout
    Congress president Sonia Gandhi, re-elected chairperson of Congress Parliamentary Party (CPP)Saturday, asked party leaders not to indulge in "public acrimony" over the party's worst Lok Sabha results for which appropriate lessons need to be learnt.

    Sonia asks partymen not to bicker in public, learn lessons from rout