Prime Minister to Attend BRICS Summit at Brazil from 13th to 14th November
[PMO Press Release dated 11 November 2019]
Prime Minister Narendra Modi will be in Brasilia,
Brazil on 13th - 14th November 2019 to attend the 11th BRICS summit. The theme of
the BRICS summit this year is "Economic Growth for an Innovative Future.”
This will be the sixth time that Prime Minister
Narendra Modi will be participating at the BRICS summit. His first BRICS summit
was at Fortaleza in Brazil in 2014.
A large business delegation from India is also
expected to be present during the visit especially to attend the BRICS Business
Forum where the business community of all five countries are represented.
Prime Minister is scheduled to hold separate bi-lateral
meetings with the Russian President Vladimir Putin and the Chinese Premier Xi Jinping
apart from the BRICS business forum closing ceremony and the closed & Plenary
Sessions of the XI BRICS Summit.
In the closed session, the discussions are expected
to be focused on challenges and opportunities for the exercise of national sovereignty
in the contemporary world. This will be followed by the BRICS Plenary Session where
the leaders will discuss the intra BRICS cooperation for the economic development
of BRICS societies.
Thereafter Prime Minister participates in the meeting
of the BRICS leaders with BRICS Business Council where in the Chairman of the Brazilian
BRICS Business Council and the President of the new Development Bank are expected
to submit reports.
Immediately thereafter a BRICS MoU between Trade and Investment Promotion agencies will be
signed.
On the conclusion of the summit leaders will issue
a joint declaration.
BRICS brings together five major emerging economies
comprising 42 percent of the world's population, having 23 percent of the global
GDP and around 17 percent of the share and world trade.
BRICS cooperation has two pillars including consultations
on issues of mutual interest through meeting of leaders and ministers as well as
cooperation through meeting of senior officials in economic areas including trade,
finance, health, education, science and technology, agriculture, communications
IT.