There are clear concerns in the West that Africa's most developed economy is aligning with Russia and pulling other developing countries along with it at a time of heightened global tensions.
Russian President Vladimir Putin also pointed out that this is an objective process since the five countries have truly great economic, scientific, technological and human potential.
The BRICS (Brazil-Russia-India-China-South Africa) brings together five of the largest developing countries in the world, representing 41 percent of the global population, 24 percent of the global GDP and 16 percent of the global trade.
The government emphasises on ‘Ease of Living’, building infrastructure with PM GatiShakti, digital transformation & digital economy, Prime Minister Modi said in the opening session of the BRICS Business Forum.
China is hosting the summit in its capacity as its chair of the grouping for the current year.
BRICS summit: The theme of this year's BRICS summit is 'Foster High-quality BRICS Partnership, Usher in a New Era for Global Development'.
BRICS countries, consisting of China, Russia, India, Brazil and South Africa, expressed their concern over the humanitarian situation in and around Ukraine.
We have to ensure that BRICS is more productive in the next 15 years, PM Modi said in his opening remarks at the 13th BRICS (Brazil, Russia, India, China, South Africa) Summit.
BRICS nations will hold a meeting to discuss the Afghanistan issue in a virtual conference on Thursday. PM Modi along with leaders of other countries like China (Xi Jinping), and Russia (Vladimir Putin) will be a part of this meeting.
The BRICS countries already had "communication and coordination" on the Afghan issue at the meeting of their National Security Advisors, Chinese Foreign Ministry spokesman Wang Wenbin noted.
The Environment Ministers adopted the New Delhi Statement on Environment, which is aimed at furthering spirit of Cooperation for Continuity, Consolidation and Consensus in Environment among BRICS Nations.
External Affairs Minister S Jaishankar on Friday launched India's website for five-nation grouping BRICS.
Prime Minister Narendra Modi on Tuesday addressed the BRICS Summit via video conferencing and lashed out at countries that support terrorism.
India discussed "misuse" of the darknet and modern technology for drug trafficking during a recent webinar conference of BRICS nations, a government statement said on Sunday.
The New Development Bank of the BRICS countries has fully disbursed USD one billion emergency assistance loan to India to help it contain the spread of COVID-19 and reduce human, social and economic losses caused by the coronavirus pandemic.
The New Development Bank of the BRICS grouping will set aside USD 15 billion to help its members tide over the economic crisis triggered by the coronavirus pandemic, Russian Foreign Minister Sergey Lavrov announced after a meeting of the five-nation bloc.
BRICS Chamber of Commerce and Industry (BRICS CCI) on Monday said it has organized the second annual direct tax summit where trends and issues related to international tax was discussed in detail."
"I thank the President of Brazil for deciding the visa free entry to Indians. We five countries should also consider mutual social security agreement," Modi said. Prime minister Modi is in Brazil for the 11th BRICS Summit which will focus on building mechanisms for counter-terrorism cooperation and strengthen India's ties with the world's five major economies.
The BRICS summit will focus on strengthening ties among the world's five major economies in key areas such as digital economy, science and technology, and also build mechanisms for counter-terrorism cooperation, Prime Minister Narendra Modi said
The BRICS Ministers of Foreign Affairs/International Relations held their annual meeting on the margins of the 74th session of the United Nations General Assembly Thursday. The meeting was chaired by Russia in the country's capacity as the incoming BRICS Chair for 2020.
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