Looking forward to exchanging views with BRICS leaders, says Modi

Image
ANI Asia
Last Updated : Nov 12 2019 | 5:40 PM IST

Prime Minister Narendra Modi, who is on his way to Brazil to attend the 11th BRICS summit, on Tuesday said he looks forward to exchanging views with other bloc leaders with the aim to further strengthen intra-BRICS cooperation.

The theme of this year's summit is 'economic growth for an innovative future'. During the summit, the member-countries will aim to significantly strengthen their cooperation in science, technology, and innovation, enhance cooperation on the digital economy and build mechanisms for counter-terrorism cooperation within the BRICS framework.

Modi will address BRICS Business Forum and will interact with members of BRICS Business Council and New Development Bank.

BRICS brings together five major world economies - Brazil, Russia, India, China, and South Africa - which comprise 42 per cent of the world population, contribute to 23 percent of global Gross Domestic Product and around 17 percent of the share in world trade.

Prime Minister Modi is scheduled to hold several bilaterals with other group leaders Russian President Vladimir Putin, Chinese President Xi Jinping, Brazil President Jair Bolsonaro. In his departure statement, he said that the BRICS Summit will provide the opportunity to hold "useful bilateral interactions" with leaders of other BRICS countries.

"I look forward to exchanging views with other BRICS leaders with the aim to further strengthen intra-BRICS cooperation particularly on the theme of the Summit "Economic growth for an innovative future". During the Summit, the five major economies of the World will aim to significantly strengthen their cooperation in science, technology, and innovation; enhance cooperation on digital economy and build mechanisms for counter-terrorism cooperation within the BRICS framework," Modi said in the statement.

Taking about his bilateral meeting with Bolsonaro, Modi said that he will discuss ways to enhance the strategic partnership between India and Brazil. "Brazil and India share close and ever-expanding bilateral relations, including in the spheres of defense, security, trade, agriculture, energy, and space. Close cooperation between the two countries in multilateral forums has been a significant aspect of our strategic relationship," Modi said.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 12 2019 | 5:24 PM IST

Next Story