BRICS 2017 LIVE: PM Narendra Modi and Xi Jinping Exchange Warm Handshake

Asia

Prime Minister Narendra Modi on Monday said trade and economy are the foundations of the co-operation among BRICS countries. Modi was addressing the plenary session of the BRICS summit in Xiamen. The PM will meet Chinese President Xi Jinping on Tuesday, trade and terror are expected to feature in the agenda. The meeting attains significance as the first exchange between the two leaders after the month-long Doklam standoff.

PM Modi on International Solar Alliance: BRICS countries can work closely with ISA to strengthen the solar energy agenda. Affordable, reliable and sustainable access to energy is crucial for development of our nations. Renewable energy is particularly important.

Appreciating thrust in people-to-people exchanges, PM Modi states that such inter-mingling will consolidate our links & deepen our understanding. PM urges early creation of BRICS rating agency to cater to financing needs of sovereign & corporate entities of developing countries.

BRICS has developed a robust framework for cooperation; contribute stability and growth in a world drifting towards uncertainty. Our endeavours today touch diverse areas of agriculture, culture, environment, energy, sports, and ICT. We are in mission-mode to eradicate poverty; to ensure health, sanitation, skills, food security, gender equality, energy, education. Our women’s empowerment programmes are productivity multipliers that mainstream women in nation building. Our Central Banks must further strengthen their capabilities & promote co-operation between the Contingent Reserve Arrangement & the IM: PM Narendra Modi at BRICS