PM Sharif, Modi to meet on July 10

Current members include China, Russia, Tajikistan, Uzbekistan, Kazakhstan and Kyrgyzstan. The primary objective of the organization is to strengthen the confidence and relationships among the member countries.

It is known to all that the BRICS economies have contributed 50 percent of the world’s economic growth over the past 10 years, and their cooperation will be a great boost to the world economic recovery.

The grouping was originally formed to fight threats posed by radical Islam and drug trafficking from neighbouring Afghanistan. “Thanks to efforts made during Russia’s presidency of BRICS, this list will be expanded”, she said, adding that the group’s activity “is not limited to initiatives on the intergovernmental level”.

Nawaz will visit Russia on tomorrow (Thursday) to attend meetings of SCO and BRICS (Brazil, Russia, India, China and South Africa), providing him an opportunity to interact with regional leaders. “India and Pakistan are not joining the SCO”.

Russian Federation is keen on demonstrating its global influence as the country’s struggling economy is expected to contract about 3 per cent this year amid tit-for-tat sanctions with the West over the Ukraine conflict. The countries fought in numerous armed conflicts since becoming independent.

In 1965, India and Pakistan engaged in another war.

“It is understood that there are disputes that the countries [India and Pakistan] have”. Pakistan infiltrated the Kashmir and Jammu forces to ignite insurgency against the rule of India.

This is the third time that Xi will be attending the annual BRICS summit.

The phone call to Sharif followed a statement by Indian foreign minister Sushma Swaraj on 31 May that there would be no talks with Pakistan till the so-called red lines drawn by India for talks between the two were respected by Pakistan. “This will automatically mean leaders will meet more often”.

Presidents Xi Jinping and Vladimir Putin meet at the Kremlin, May 8, 2015. Efforts to push the Turkmenistan- Afghanistan-Pakistan-India (TAPI) project have also been included in the program.

The operational agreement details working procedures of the pool to be observed by BRICS central banks, and defines their rights and obligations.

Russia, Kholov said, has always insisted on retaining the traditional activity of “Shanghai Six” in combating all manifestations of the three evils of terrorism, extremism and separatism. The summit would have close security as well.