Close X
Saturday, November 30, 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

    Modi remains bookies' 'hot favourite' for PM

    Modi remains bookies' 'hot favourite' for PM
    BJP prime ministerial candidate Narendra Modi remained as the hot favourite for bookies and punters for becoming the next prime minister while Congress vice president Rahul Gandhi lagged a distant second, sources said here Friday.

    Modi remains bookies' 'hot favourite' for PM

    Kejriwal attacks Modi during Varanasi roadshow

    Kejriwal attacks Modi during Varanasi roadshow
    Surrounded by thousands of supporters, AAP candidate Arvind Kejriwal put up a show of strength here Friday, attacking his rival and BJP's prime ministerial aspirant Narendra Modi.

    Kejriwal attacks Modi during Varanasi roadshow

    CBI to probe Saradha scam, other ponzi schemes in Bengal, Odisha: SC

    CBI to probe Saradha scam, other ponzi schemes in Bengal, Odisha: SC
    In a setback to West Bengal government, the Supreme Court Friday handed over investigation into Saradha chit fund scam to the CBI saying that it would hold further investigation in all the cases including those where a charge sheet has been filed.

    CBI to probe Saradha scam, other ponzi schemes in Bengal, Odisha: SC

    Breaking Brahmin Monopoly: Hindu Temple To Have Women, Lower-Caste Priests

    Breaking Brahmin Monopoly: Hindu Temple To Have Women, Lower-Caste Priests
    Here's another traditional male bastion set to crumble. With a Supreme Court prod, the renowned 900-year old Vitthoba Temple in the pilgrim town of Pandharpur will script religious history when it appoints its first women priests as also priests from the backward classes as part of an inclusive mission.

    Breaking Brahmin Monopoly: Hindu Temple To Have Women, Lower-Caste Priests

    Sonia Gandhi's plane makes emergency landing

    Sonia Gandhi's plane makes emergency landing
    A private plane flying Congress president Sonia Gandhi was forced to make an emergency landing in Agra due to gusty winds and bad weather in New Delhi late Thursday, an official said Friday

    Sonia Gandhi's plane makes emergency landing

    Over 100,000 Indians studying in America

    Over 100,000 Indians studying in America
    With 113,813 Indians studying in America, India is second only to China with 290,133 students among more than a million international students enrolled in nearly 9,000 US schools, according to a new report.

    Over 100,000 Indians studying in America