Pakistan, India to join China security bloc – Emirates 24

“The SCO’s members and observers compose nearly all the important countries along the land routes running from China to Europe, making it the ideal setting for many of these discussions”.

The Chinese side has also expressed confidence on economic cooperation among the BRICS countries, saying the newly established development bank and emergency reserve arrangement have given fresh impetus to growth. The first head of the bank is noted Indian banker KV Kamath.

In fact, President Vladimir Putin and Modi have met thrice since May 2014-at the BRICS Summit at Fortaleza, at the G20 Summit in Brisbane and at the Annual India-Russia Summit of the heads of Government in New Delhi in December 2014. The move is expected to come as a booster to the economic engagement among five of the world’s biggest emerging countries amid renewed efforts to insulate themselves from over-dependence on Bretton Woods institutions and the hegemony of the United States Dollar. “We have 40 years of experience in the field of safe and secure nuclear energy”, Sharif said in an interview to Russian news agency, RIA Novosti.

“It is expected that, during the summit, the leaders will also receive feedback following their meeting on the margins of the G20 summit in Brisbane on 15 November 2014, at which they asked their finance ministers to designate the president and vice-presidents of the New Development Bank, in advance of the next summit”, President Jacob Zuma’s office said. SCO members have realized that India’s membership would enhance the prestige and weight of the organization. It is a great forum that can contribute effectively to mitigate global challenges.

Following the conclusion of the summit, the SCO meeting will be held on Thursday and Friday, during which the drafting of its development strategy up until 2025 and the admission standard to the SCO were believed by experts to be given priority.

Sources have said PM Modi’s phone call to Mr Sharif at the start of the holy month of Ramzan set the tone and broke the ice.

India released 88 Pakistani fishermen while Pakistan freed 111 Indian fishermen.

Pakistan’s application is being considered, said foreign ministry spokesman Qazi Khalilullah.

India has raised objections to the Dollars 46 billion China- Pakistan Economic Corridor project passing through Pakistan- occupied Kashmir.

India and Pakistan are nuclear-arm rivals.

“Granting membership to more countries in South Asia and the Middle East, which had been long impeded, will further expand the SCO’s influence”, Xia said.

“The dargahs of Delhi resonate with Sufi music that draws people from all faiths”. Its capital still has to be rated to issue debt.

But, we have not paid as much attention to each other as we should.

There is also a fortunate confluence of interest among the major powers about India’s forays into Central Asia.

“At first it will be a declarative document that will inspire our countries to cooperate more actively”. All five countries want to become norm setters instead of being just norm followers.