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

    India's Muslims welcome Modi's gesture to Pakistan

    India's Muslims welcome Modi's gesture to Pakistan
    India’s Prime Minister-designate Narendra Modi’s gesture of inviting Pakistan Prime Minister Nawaz Sharif to his swearing-in ceremony has raised hopes of a long-lasting peace between the arch rivals among Muslims of this country.

    India's Muslims welcome Modi's gesture to Pakistan

    Modi's gestures: Willingness to make a new beginnin

    Modi's gestures: Willingness to make a new beginnin
    There are indications that Modi may move rapidly in the matter of concluding a treaty on the Teesta river waters with Bangladesh which was blocked by West Bengal Chief Minister Mamata Banerjee during the Manmohan Singh government's tenure.

    Modi's gestures: Willingness to make a new beginnin

    Mamata not to attend Modi's swearing-in

    Mamata not to attend Modi's swearing-in
    West Bengal Chief Minister Mamata Banerjee will stay away from the swearing-in ceremony of Narendra Modi as prime minister May 26, but send two of her close associates to the event, a state minister announced Friday.

    Mamata not to attend Modi's swearing-in

    Babbar Khalsa Terrorist arrested for robbing a diamond merchant in Delhi

    Babbar Khalsa Terrorist arrested for robbing a diamond merchant in Delhi
    A former Sikh militant and elder brother of a convict in Punjab chief minister Beant Singh's assassination was arrested here for robbing a diamond merchant, police said Friday.

    Babbar Khalsa Terrorist arrested for robbing a diamond merchant in Delhi

    Arvind Kejriwal's custody extended till June 6

    Arvind Kejriwal's custody extended till June 6
    A court here Friday extended, till June 6, the judicial custody of former Delhi chief minister Arvind Kejriwal in a defamation case.

    Arvind Kejriwal's custody extended till June 6

    Modi calls Afghan president, meets party leaders

    Modi calls Afghan president, meets party leaders
    Even before formally taking over as the prime minister, Narendra Modi is on the job already as he called Afghan President Hamid Karzai and condemned the terror attack on Indian consulate in Herat.

    Modi calls Afghan president, meets party leaders