Business Standard

Sunday, December 22, 2024 | 07:01 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Page 4 - Brics Summit

Brics: All you need to know about the global partnership and latest updates

The members countries announced the expansion of the grouping by adding six new countries - Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates (UAE) - into the fold

Image
Updated On : 24 Aug 2023 | 7:46 PM IST

Argentina to Iran: Brics leaders agree to admit 6 countries as new members

The leaders of the BRICS nations on Thursday decided to admit Argentina, Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates as the new members of the grouping, sealing a long-drawn process. The decision was announced by South African President Cyril Ramaphosa at a joint media briefing along with Prime Minister Narendra Modi, Chinese President Xi Jinping and Brazilian President Luiz Inacio Lula da Silva. The new members will become part of BRICS with effect from January 1, 2024, Ramaphosa announced. He said the decision on the new members were agreed upon after firming up the guiding principles, criteria and procedures for the expansion process. "We have consensus on the first phase of this BRICS expansion process," Ramaphosa said at the end of the grouping's summit in Johannesburg. "We have decided to invite Argentina, Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates to become full members of BRICS," he said. "We value the interests of other countries

Argentina to Iran: Brics leaders agree to admit 6 countries as new members
Updated On : 24 Aug 2023 | 3:14 PM IST

Brics expansion is message to all global institutions, says PM Modi

With the BRICS deciding to admit six countries as its new members, Prime Minister Narendra Modi on Thursday said the modernisation and expansion of the grouping is a message that all global institutions need to transform considering the changing times. At a media briefing along with the BRICS leaders in Johannesburg, Modi said admitting Argentina, Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates as new members will give new energy and direction to the grouping. The decision on expansion of the five-nation grouping was announced by South African President Cyril Ramaphosa at the end of the three-day BRICS summit in Johannesburg. He said the new member nations will become part of BRICS with effect from January 1, 2024. In his remarks, Modi said the decision to expand the grouping will also further strengthen the belief of many countries in a multipolar world. Modi made the remarks in his media statement in presence of Ramaphosa, Chinese President Xi Jinping and Brazil

Brics expansion is message to all global institutions, says PM Modi
Updated On : 24 Aug 2023 | 3:01 PM IST

Will strengthen grouping, says PM Modi as Brics adds 6 countries to group

India has always believed that adding new members will strengthen BRICS as an organisation, Prime Minister Narendra Modi said

Will strengthen grouping, says PM Modi as Brics adds 6 countries to group
Updated On : 24 Aug 2023 | 2:55 PM IST

Enthusiasm of diaspora in S Africa for India's achievements gladdening: PM

Chandryaan-3 on Wednesday successfully performed a soft landing on the moon

Enthusiasm of diaspora in S Africa for India's achievements gladdening: PM
Updated On : 24 Aug 2023 | 7:02 AM IST

EAM Jaishankar, Lavrov exchange views on bilateral, international issues

External Affairs Minister (EAM) S Jaishankar, his Russian counterpart Sergey Lavrov on Wednesday exchanged views on bilateral, international issues.The two ministers met during the BRICS summit in Johannesburg, South Africa.The two exchanged views on a wide range of bilateral and international issues, interaction within the UN, G20 and BRICS, as well as discussed practical steps to further develop trade and economic cooperation, logistics and financial interaction, as per the Russian Foreign Ministry.EAM Jaishankar on Wednesday tweeted: "Pleased to meet FM Sergey Lavrov of Russia on the sidelines of the BRICS summit. A useful discussion on recent global developments."Lavrov congratulated Jaishankar on the successful landing of Chandrayaan-3 on the Moon. The Foreign Ministers agreed to remain in contact.Meanwhile, Russian President Vladimir Putin on Wednesday told a summit of the BRICS grouping that Moscow wants to put an end to the "war unleashed by the West".He said, "The desire of a

EAM Jaishankar, Lavrov exchange views on bilateral, international issues
Updated On : 24 Aug 2023 | 6:56 AM IST

LIVE: Wagner chief, who led revolt against Putin, dies in plane crash

Catch all the latest news updates LIVE from across the globe here

LIVE: Wagner chief, who led revolt against Putin, dies in plane crash
Updated On : 23 Aug 2023 | 10:54 PM IST

Hope African Union gets support from Brics for G20 membership: PM Modi

Prime Minister Narendra Modi on Wednesday hoped that India's proposal to accord permanent membership of the G20 to the African Union will be supported by all the BRICS nations. In his address at the BRICS ((Brazil-Russia-India-China-South Africa) summit in Johannesburg, Modi said India is according "highest priority" to the issues of countries of the Global South under its G20 presidency. India is hosting the G20 summit on September 9 and 10. All the BRICS nations are permanent members of the G20. "We have also proposed to give permanent membership of G20 to the African Union. I am sure all the BRICS partners are also together in the G20 and all will support our proposal," Modi said. The African Union (AU) is an influential organisation consisting of the 55 member states that make up the countries of the African continent. In June, Modi wrote to the leaders of the G20 countries pitching for giving the African Union full membership of the grouping at its upcoming summit in New ...

Hope African Union gets support from Brics for G20 membership: PM Modi
Updated On : 23 Aug 2023 | 5:46 PM IST

PM Modi, S African Prez discuss multilateral issues of mutual interest

Prime Minister Narendra Modi on Wednesday held a bilateral meeting with South African President Cyril Ramaphosa during which they reviewed the progress made in bilateral ties, exchanged views on regional and multilateral issues and also on ways to work jointly to strengthen the voice of the Global South. Modi met Ramaphosa in Johannesburg on the sidelines of the 15th BRICS Summit. "Both leaders reviewed the progress made in bilateral relations between the two countries and expressed satisfaction at the progress achieved in various fields including defence, agriculture, trade and investment, health, conservation and people-to-people ties," the Ministry of External Affairs (MEA) said in a press release. Modi and Ramaphosa also exchanged views on continued coordination in multilateral bodies and regional and multilateral issues of mutual interest. Ramaphosa expressed full support for India's G20 presidency and appreciated India's initiative for giving the African Union full membership

PM Modi, S African Prez discuss multilateral issues of mutual interest
Updated On : 23 Aug 2023 | 4:33 PM IST

BRICS biz forum gave chance to highlight India's growth trajectory: PM Modi

PM Modi in a special message at the BRICS Business Forum on Tuesday said mutual trust and transparency can help create a big impact, especially in the Global South

BRICS biz forum gave chance to highlight India's growth trajectory: PM Modi
Updated On : 23 Aug 2023 | 7:38 AM IST

India to become growth engine for world, will be $5 trn economy soon: PM

Prime Minister Narendra Modi on Tuesday said India will become the growth engine for the world in the coming years, and the ease of doing business has improved with "mission-mode" reforms being undertaken by his government. Speaking at the BRICS Business Forum Leaders' Dialogue here, Modi also said India soon will become a USD 5 trillion economy. He told the gathering that India has the world's third-largest startup ecosystem and there are over 100 unicorns in the country. Modi is on a visit to South Africa, which is hosting the first in-person summit of BRICS comprising Brazil, Russia, India, China, and South Africa, since 2019.

India to become growth engine for world, will be $5 trn economy soon: PM
Updated On : 22 Aug 2023 | 11:30 PM IST

LIVE: Biden to push IMF, World Bank reforms at G20 meet in India next month

Catch all the latest updates from across the globe here

LIVE: Biden to push IMF, World Bank reforms at G20 meet in India next month
Updated On : 22 Aug 2023 | 10:54 PM IST

BRICS Summit 2023: Will adding more bricks to a divided house help?

Whether BRICS becomes the voice of the Global South or remains a divided house without any coherent agenda will be keenly watched

BRICS Summit 2023: Will adding more bricks to a divided house help?
Updated On : 22 Aug 2023 | 6:29 PM IST

PM Modi arrives in South Africa's Johannesburg to attend 15th Brics summit

Prime Minister Narendra Modi arrived in South Africa on Tuesday on a three-day official visit during which he will attend the 15th BRICS summit and hold bilateral meetings with a number of world leaders. Modi is visiting the African country from August 22 to 24 at the invitation of South African President Cyril Ramaphosa. South Africa is hosting the first in-person summit of BRICS comprising Brazil, Russia, India, China, and South Africa, since 2019. Earlier in his departure statement in New Delhi, Modi said BRICS has been pursuing a strong cooperation agenda across various sectors. "We value that BRICS has become a platform for discussing and deliberating on issues of concern for the entire Global South, including development imperatives and reform of the multilateral system," he said. This summit will provide a useful opportunity for BRICS to identify future areas of cooperation and review institutional development, he said. Modi posted on X that he will also take part in the ..

PM Modi arrives in South Africa's Johannesburg to attend 15th Brics summit
Updated On : 22 Aug 2023 | 6:08 PM IST

15th BRICS Summit 2023: History, significance, top agendas, and more

PM Modi departed for the 15th BRICS Summit 2023, which will be held in Johannesburg, South Africa, from August 22 to August 24, 2023. Check here the top points of the summit

15th BRICS Summit 2023: History, significance, top agendas, and more
Updated On : 22 Aug 2023 | 11:18 AM IST

BRICS to provide opportunity to identify future areas of cooperation: Modi

Prime Minister Narendra Modi on Tuesday said that the BRICS summit will provide a useful opportunity for its members to identify future areas of cooperation and review institutional development. In his departure statement ahead of visiting South Africa to attend the 15th BRICS summit, he said BRICS has been pursuing a strong cooperation agenda across various sectors. "We value that BRICS has become a platform for discussing and deliberating on issues of concern for the entire Global South, including development imperatives and reform of the multilateral system," he said. This summit will provide a useful opportunity for BRICS to identify future areas of cooperation and review institutional development, he said. Noting that he will also participate in the 'BRICSAfrica Outreach' and 'BRICS Plus Dialogue' events that will be held as part of the summit activities, Modi said he looked forward to interacting with a number of guest countries that have been invited to participate in this .

BRICS to provide opportunity to identify future areas of cooperation: Modi
Updated On : 22 Aug 2023 | 8:49 AM IST

PM Modi's visit to S Africa to help Indian community, says diaspora member

Prime Minister Narendra Modi will visit South Africa at President Cyril Ramaphosa's invitation to attend the 15th BRICS Summit, which will be held in Johannesburg from August 22 to 24

PM Modi's visit to S Africa to help Indian community, says diaspora member
Updated On : 22 Aug 2023 | 8:01 AM IST

PM Modi to attend 15th BRICS Summit in Johannesburg: Check details here

The summit, scheduled from August 22-24 in Johannesburg, will be the first in-person meet since 2019. This year's theme is 'BRICS and Africa'

PM Modi to attend 15th BRICS Summit in Johannesburg: Check details here
Updated On : 21 Aug 2023 | 8:12 PM IST

Russia, China look to gain upper hand at BRICS summit in South Africa

Russia and China will look to gain more political and economic ground in the developing world at a summit in South Africa this week, when an expected joint dose of anti-West grumbling from them may take on a sharper edge with a formal move to bring Saudi Arabia closer. Leaders from the BRICS economic bloc of Brazil, Russia, India, China and South Africa will hold three days of meetings in Johannesburg's financial district of Sandton, with Chinese premier Xi Jinping's attendance underlining the diplomatic capital his country has invested in the bloc over the last decade-and-a-bit as an avenue for its ambitions. Russian President Vladimir Putin will appear on a video link after his travel to South Africa was complicated by an International Criminal Court arrest warrant against him over the war in Ukraine. Brazilian President Luiz Incio Lula da Silva, Indian Prime Minister Narendra Modi and South African President Cyril Ramaphosa will be at the summit alongside Xi. The main summit on

Russia, China look to gain upper hand at BRICS summit in South Africa
Updated On : 21 Aug 2023 | 2:57 PM IST

India, China set for bilateral talks on sidelines of Brics summit next week

"I am confident that as two nations, two countries, we will have direct talks, direct meetings," at the Aug. 22-24 summit, Chen Xiaodong, China's ambassador to South Africa said

India, China set for bilateral talks on sidelines of Brics summit next week
Updated On : 18 Aug 2023 | 11:47 PM IST