Prime Minister Narendra Modi will leave on Sunday for Brazil to attend the five-nation summit of BRICS nations on July 14 and 15 .
The summit is expected to finalise the setting up of a development bank and seek reforms of the international financial organisations .
After a stopover in Berlin on Sunday night, PM will leave for Fortaleza, the north-eastern coastal city of Brazil, on Monday for the summit of leaders of Brazil, Russia, India, China and South Africa to be held on July 15 .
The sixth summit of BRICS will follow up on the decisions of the Durban meeting last year.
The summit will provide the Prime Minister his first opportunity to meet world leaders, including President Xi Jinping of China and Vladimir Putin of Russia to discuss bilateral and multilateral issues.
In the summit, the BRICS Development Bank is expected to take further shape with a corpus of $100 billion, about which there was a broad agreement in Durban.
Prime Minister will be accompanied by a high-level delegation that includes minister of state for finance Nirmala Sitharaman and national security adviser AK Doval.
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