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Ahead of BRICS Summit 2015: PM Modi meets Xi, Putin in Russia

Express in UFA: Here are our top stories ahead of 2015 BRICS summit.

By: Express Web Desk | Ufa |
Updated: November 1, 2017 1:05:23 pm
Prime minister narendra modi, narendra modi, PM Modi, Modi Brics summit, brics summit 2015, 2015 BRICS summit, UFA BRICS summit, Modi in Russia, Modi Russia visit, Modi Russia tour, modi russia, Uzbekistan, brics, kazakhstan, sco, india russia, ufa russia, russia india, modi Xi, modi putin, putin modi, modi china, modi news, brics summit news, india news, latest news, top stories Prime Minister Narendra Modi extends his hand to greet Chinese Premier Xi in Russia.

Prime Minister Narendra Modi Wednesday took up with President Xi Jinping the issue of China putting on “technical hold” India’s move in the United Nations to question Pakistan on the release of 26/11 attack mastermind Zaki-ur Rehman Lakhvi.

During the course of their 95-minute meeting ahead of the BRICS and SCO summit in the Russian city of Ufa, the two leaders also discussed border issues and the need to accelerate the boundary talks process.

Modi also conveyed to Xi concerns in India over the economic corridor China is building through Pakistan-occupied Kashmir (PoK).

Prime minister narendra modi, narendra modi, PM Modi, Modi Brics summit, brics summit 2015, 2015 BRICS summit, UFA BRICS summit, Modi in Russia, Modi Russia visit, Modi Russia tour, modi russia, Uzbekistan, brics, kazakhstan, sco, india russia, ufa russia, russia india, modi Xi, modi putin, putin modi, modi china, modi news, brics summit news, india news, latest news, top stories Russian President Vladimir Putin (right) with Prime Minister Narendra Modi in Ufa, Russia on Wednesday. (Source: Reuters)

India and Russia reviewed their bilateral relations as Prime Minister Narendra Modi met Russian President Vladimir Putin late Wednesday evening. Foreign secretary S Jaishankar said in a briefing after the 90-minute interaction between the two leaders that energy sector cooperation was a key area for rebooting the engagement, including nuclear engagement and hydrocarbons. The nuclear cooperation includes building on negotiations to sign advance contract for the design of the third and fourth reactor units to come up at the Kudankulam site in Tamil Nadu. A contract for the design (of the third and fourth power units) has been under negotiation.

In other news

Prime minister narendra modi, narendra modi, PM Modi, Modi Brics summit, brics summit 2015, 2015 BRICS summit, UFA BRICS summit, Modi in Russia, Modi Russia visit, Modi Russia tour, modi russia, Uzbekistan, brics, kazakhstan, sco, india russia, ufa russia, russia india, modi Xi, modi putin, putin modi, modi china, modi news, brics summit news, india news, latest news, top stories The last quarter of a century saw India sustain its old partnership with Russia, expand the engagement with China, Japan, Europe and America.

The central banks of the BRICS countries have signed an operating agreement on a $100 billion foreign exchange reserve pool that is being set up by the grouping’s five member nations to help each other “in case of any problems with dollar liquidity”.

The $100 billion pool aims to protect BRICS member states from currency volatility shocks. India will chip in with $18 billion. The agreement was signed Tuesday in Moscow after the meeting of the finance ministers and heads of the central banks of BRICS, the Central Bank of Russia (CBR) said in a statement.

The document contains a detailed description of the procedures that are carried out by the central banks of BRICS nations — Brazil, Russia, India, China and South Africa — within the currency reserve pool, defines their rights and duties.

Prime minister narendra modi, narendra modi, PM Modi, Modi Brics summit, brics summit 2015, 2015 BRICS summit, UFA BRICS summit, Modi in Russia, Modi Russia visit, Modi Russia tour, modi russia, Uzbekistan, brics, kazakhstan, sco, india russia, ufa russia, russia india, modi Xi, modi putin, putin modi, modi china, modi news, brics summit news, india news, latest news, top stories Ufa: Prime Minister Narendra Modi with Russian President Vladimir Putin during a meeting in Ufa, Russia on Wednesday. (Source: PTI)

Russian President Vladimir Putin on Wednesday conveyed to PM Narendra Modi that the process of India’s accession to the strategically-important Shanghai Cooperation Organisation has been set into motion. Putin, during the course of his bilateral talks with PM Modi ahead of the BRICS and SCO summits being held in this Russian city, said: “We are beginning the process of full-fledged inclusion of India into the Shanghai Cooperation Organisation.” Putin said it was “a very important event,” as Modi expressed his thanks.

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