-
ALSO READ
PM Modi to visit Brazil on Nov 13 and 14 to attend 11th BRICS summit
Economic offenders serious threat to global stability: India at BRICS meet
Modi to discuss US' protectionist trade policies with Xi and Putin at G20
India plays down Trump decision to remove US trade privileges
US diplomat to visit India next week to strengthen bilateral defence ties
-
The Prime Minister will take part in BRICS business forum closing ceremony and the closed and plenary sessions of the BRICS Summit.
In the closed session, the discussions are expected to focus on challenges and opportunities for the exercise of national sovereignty in the contemporary world. This will be followed by the BRICS plenary session where the leaders will discuss the intra-BRICS cooperation for the economic development of BRICS societies.
Prime Minister Modi will also participate in the meeting of the BRICS leaders with BRICS Business Council where Chairman of the Brazilian BRICS Business Council and the President of the new Development Bank are expected to submit reports.
A BRICS MoU between Trade and Investment Promotion agencies is expected to be signed. The summit will end with a joint declaration.
BRICS brings together five major emerging economies comprising 42 per cent of the world's population, having 23 percent of the global GDP and around 17 per cent of the share and world trade.
BRICS cooperation has two pillars including consultations on issues of mutual interest through the meeting of leaders and ministers as well as cooperation through the meeting of senior officials in various areas.
RECOMMENDED FOR YOU