Prime Minister Narendra Modi is attending on Tuesday the virtual summit of the powerful BRICS Party, focusing on counter-terrorism coordination, trade, healthcare, electricity, and how the effects of the coronavirus pandemic can be offset.
The 12th Brazil-Russia-India-China-South Africa (BRICS) Summit is expected to include Chinese President Xi Jinping, Brazilian President Jair Bolsonaro, and Russian President Vladimir Putin. Two of the bloc’s participants, India and China, have locked themselves for over six months in a bitter border stoppage in eastern Ladakh. At the annual Shanghai Cooperation Organisation (SCO) Summit on 10 November, both Modi and Xi came face-to-face.
‘Prime Minister Narendra Modi, at the invitation of President Putin, will attend Russia’s 12th BRIC Summit on November 17, under the theme of ‘Economic peace, mutual security, and creative growth’.’
The BRICS is regarded as a powerful bloc that has a population of over 3.6 billion or half of the world’s population. The BRICS countries have USD 16.6 trillion in total GDP.
Measures to minimize the effects of the continued COVID-19 pandemics, counter-terrorism co-operation, commerce, health, electricity, and interactions between citizens will be discussed by the MEA leaders and key global issues, including multilateral framework reform.
‘India will become Chairman of BRICS, which is India’s third-largest BRICS Presidency (after 2012 and 2016) and the thirteenth BRICS Summit will be held in 2021,’ said the MEA.