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BRICS: Xi calls for holistic approach to counter terrorism

BRICS: Xi calls for holistic approach to counter terrorism”

The ninth summit meeting of the BRICS group of nations in Xiamen, China, on September 3-5 is an occasion to reflect on how far this unique institution of emerging economies has come, what its key contributions are, and where it is headed.

Prime Minister Narendra Modi arrived here today to attend the BRICS Summit during which he would look forward to having "productive discussions and positive outcomes" with leaders of the grouping to support the agenda for a stronger partnership among the member countries. On September 6, the Prime Minister will hold wide-ranging talks with State Counsellor Aung San Suu Kyi covering entire expanse of bilateral relationship, Sripriya Ranganathan, joint secretary in-charge of Bangladesh and Myanmar in the External Affairs Ministry, said. The visit is important as India's eastern neighbour is a vital part of its Act East and neighbourhood first policy.

"They will meet in the general way to discuss bilateral issues". China also understands the significance of PM's Visit therefore just before the visit, it has reiterated that there is great scope for cooperation between both countries.

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"The banks will establish a framework mechanism to extend credit lines in local currencies to the BRICS (Brazil, Russia, India, China, South Africa) ICM members and the BRICS companies against guarantees of the signatory banks", it said.

The BRICS business forum is expected to gather a record 1,200 participants, including representatives from almost 80 Fortune 500 multinationals, said Jiang Zengwei, head of the China Council for the Promotion of International Trade, at a press conference. India alone has lodged several trade cases against China this year.

The summit hopes to deepen cooperation for common development, strengthening global governance to jointly meet challenges, carry out people-to-people exchanges, make institutional improvements, and build broader partnerships. He is visiting Myanmar at the invitation of President U Htin Kyaw. In 2015, PM visited Myanmar to attend the Asean summit. Apart from his engagements in the capital city of Nay Pyi Taw, he will also visit Yangon and Bagan and address the Indian community in Myanmar.



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