India World’s Most Investment Friendly Economy: PM Ends BRICS Tour
BRICS economies together comprise 42 percent of the world’s population and 23 percent of the global GDP.
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Prime Minister Narendra Modi on Friday, 15 November landed in New Delhi after the conclusion of the 11th BRICS summit in Brazil.
Addressing the plenary session at the summit, PM Modi said that there was a need to focus on trade and investment among the countries as intra-trade among the BRICS nations alone account to 15 percent of world trade.
The summit focussed on strengthening ties among the five major economies in the areas of digital economy, science and technology.
- BRICS is the acronym coined for an association of five major emerging national economies: Brazil, Russia, India, China and South Africa
- These economies together comprise 42 percent of the world’s population and 23 percent of the global GDP
- This will be the sixth time PM Modi will be participating in the BRICS summit
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PM to Hold Bilateral Meetings With Putin, Xi, Bolsonaro at BRICS
The 11th 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 on Tuesday, PTI reported.
He said he will also meet Brazilian President Jair Bolsonaro to discuss the bilateral strategic partnership between the two nations.
The prime minister is also scheduled to hold bilateral meetings with Russian President Vladimir Putin and Chinese Premier Xi Jinping as well, according to the news agency.
PM Modi left for Brazil on Tuesday afternoon and will be in the country on 13-14 November.
PM Modi's Schedule on Day 1 of BRICS Summit
Here’s Prime Minister Modi’s schedule on the first day of the two-day BRICS summit in Brasilia (all times local):
- 2:00 pm: Meeting with Vladimir Putin, President of the Russian Federation
- 3:00 pm: Meeting with Jair Messias Bolsonaro, President of the Federative Republic of Brazil
- 3:45 pm : Meeting with Xi Jinping, President of the People’s Republic of China
- 5:25 pm: BRICS Business Forum Closing Ceremony at the International Convention Centre of Brazil.
- 8:00 pm: Cultural Presentation
- 8:30 pm: Welcome dinner hosted by Jair Messias Bolsonaro, President of the Federative Republic of Brazil
PM Modi Arrives in Brasilia
Prime Minister arrives in Brasilia for the 11th BRICS Summit.
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Putin Invites Modi for Victory Day Celebrations
Russian President Vladimir Putin invited Prime Minister Narendra Modi for the Victory Day celebrations in May next year as the two leaders met and discussed ways to further cement their special strategic partnership.
Modi, who 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, met Putin on the sidelines of the meeting, reported PTI.
PM Modi Meets Brazilian President Bolsonaro
Prime Minister Narendra Modi met Brazilian President Jair Bolsonaro and discussed ways to strengthen bilateral ties.
Modi, who 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, met Bolsonaro on the sidelines of the meeting.
Had an Excellent Meeting With President Putin: PM Modi
PM Modi Meets Chinese President Xi in Brazil, Holds Bilateral Talks
Prime Minister Narendra Modi met Chinese President Xi Jinping and discussed ways to strengthen bilateral ties, over a month after the two leaders held their second informal summit in India. The two leaders held talks on a wide range of bilateral issues, reported PTI.
Brazilian Prez Bolsonaro to Be Chief Guest at India's Republic Day Celebrations
Brazilian President Jair Bolsonaro accepted Prime Minister Narendra Modi's invitation to be the chief guest at India's Republic Day celebrations next year.
Modi met Bolsonaro on the sidelines of BRICS 2019 and spoke about diversifying cooperation for the benefit of the people.
India World's Most Open, Investment Friendly Economy: PM Modi
India is the world's most ‘open and investment friendly’ economy, Prime Minister Narendra Modi said as he wooed the BRICS business leaders, urging them to invest in the country and take advantage of its "limitless" possibilities and "countless" opportunities.
Addressing the closing ceremony of the BRICS Business Forum, prime minister Modi said the grouping of five countries had led to economic development despite the global economic slowdown.
"India is the most open and investment friendly economy in the world due to political stability, predictable policy and business friendly reforms. By 2024, we want to make India a five trillion dollar economy. The infrastructure alone requires USD 1.5 trillion investment," he said.
'Need to Focus on Trade', Says PM Modi at BRICS Plenary Session
Addressing the plenary session at the BRICS Summit, PM Narendra Modi said that there was a need to focus on trade and investment among the countries as intra-trade among the BRICS nations alone account to 15 percent of world trade.
“We recently launched 'Fit India Movement.' I want communication and exchange between BRICS nations to increase in areas of fitness and health,” added PM Modi.
PM Modi Emplanes for New Delhi After Wrapping up BRICS Summit
Prime Minister Narendra Modi emplaned for New Delhi after attending the BRICS summit in Brazil during which the member nations held dialogues on cementing ties in trade, innovation, technology and culture.
"The BRICS Summit in Brazil has been a very productive one. We had fruitful dialogues on cementing ties in trade, innovation, technology and culture. The focus on futuristic subjects will surely lead to deeper cooperation that will benefit the people of our respective nations," the prime minister tweeted.