Narendra Modi to attend Brics in China

I am confident that the dialogue this year will also be a success and also help expand BRICS influence.

He expressed hope in the article that the BRICS in the coming years would build a stronger partnership to uphold world peace, promote common development, enhance the diversity of civilizations and improve global economic governance.

“There is a contest, whether it is acknowledged or not, and it is because of the ambitions of both nations to be superpowers and to be inheriting the Asian century”, Chaulia said.

The summit’s host China in particular continues to push for a greater global role for the BRICS – initially coined as an investment label by Goldman Sachs economist Jim O’Neill in 2001 – despite doubts by some that the bloc had run its course after economic woes hit most of its member countries in recent years.

China and India fought a brief war in 1962 and dispute large chunks of territory.

He conveyed to the officials of Chinese Government’s Ministry of Foreign Affairs that New Delhi had to send troops to stop construction of the road by the People’s Liberation Army personnel in western Bhutan as its agreement with Thimphu had required it to do so.

India in turn said the status quo should be restored. “Clearly, China wants to somehow portray itself as the victor in a conflict which India had started and has now. been forced to withdraw by China”. “The two countries” leaders will be able to discuss new areas of cooperation under the “One belt, one road’ initiative at the forthcoming forum”. In Pakistan, China has facilitated the creation of a nuclear-armed state which deploys terrorists against India to achieve its territorially revisionist goals.

China is trying to achieve its contested territorial claims though unilateral actions like the South China Sea, where smaller states have accepted Beijing expansive territorial claims as a “new normal”.

China has invited five countries as guests-Egypt, Kenya, Tajikistan, Mexico and Thailand- for the summit to be held in Xiamen from September 3-5.

The two-year operation of the Shanghai-based BRICS New Development Bank (NDB), which focuses on infrastructure and sustainable development projects, is hailed as a success story, handing out 1.5 billion US dollars in loans last year alone.

“The BRICS summit, and the BRICS itself, embodies the hope of the new reform of the worldwide system”.

“There is competition and mistrust but also some maturity where they are able to convert these face-offs into face-saving solutions”, said Chaulia.

Karatayev thinks “it is necessary for the BRICS bloc to strengthen internal cooperation in order to tackle challenges from a rise in protectionism in rich countries and uncertainties from their economic policies”.

BRICS countries are often seen as bellwethers to growth in their respective regions, leading the development of science and technology, the economy and society in neighbouring countries.

It was his last major task in Beijing as his tenure as India’s envoy to China is coming to its end. U Htin Kyaw, President of the Republic of the Union of Myanmar. China has even said that the country would make plans for road construction “in accordance with the situation on the ground”. India has always looked to Russian Federation for siding with itself against China.