BRICS Summit begins in China, Modi-Xi likely to meet

03 September, 2017, 16:35 | Author: Brian Mcdaniel
  • North Korean leader Kim Jong Un is “begging for war,” she said. “The stakes could not be higher. The urgency is now.”

China is hosting the annual summit from Sunday till Tuesday, under the theme Brics: Stronger Partnership for a Brighter Future.

Xiamen - President Jacob Zuma has arrived in Xiamen City in China to attend the 9th Brazil, Russia, India, China, South Africa (Brics) summit to be hosted by China from September 3 to 5, the presidency said on Saturday. Yaroslav Lissovolik, chief economist of the Eurasian Development Bank, said "Brics plus" would provide opportunities for other economies and inject impetus into economic globalization.

This will be the second bilateral meeting between the two leaders this year. To date, it has invested in 11 projects, lending $1.5 billion in 2016 and $2.5 billion in loans set for this year.

According to NDB's five-year plan released in July, it will expand and increase its development and infrastructure programs to 75 by 2021.

BRICS Summit begins in China, Modi-Xi likely to meet

Wang, who was one of the Chinese experts threatening India with war during the standoff at Doklam, said "there was no reason for India and China to be hostile to each other".

"I am confident that the visit will open a bright new chapter in India-Myanmar relations and will help in charting a roadmap for closer cooperation between our governments, our business communities and at the people-to-people level", Modi added. Many read these comments as an oblique reference to China's opposition to India's bid to have Jaish-e-Mohammad chief Masood Azhar recognized as a "globally designated terrorist". "The philosophy of the BRICS cooperation is gaining growing appreciation around the world". In March, Chinese Foreign Minister Wang Yi said that China would explore options for expansion to a "Brics plus" and build a wider partnership through dialogue with developing countries and worldwide organizations.

All BRICS countries oppose Western economic sanctions, restrictions on global trade and migration of skilled personnel that would deprive them of export markets and revenues.

This does not imply that China is masking its imperialistic tendencies and using BRICS as a handmaiden for its individual aggrandisement. But BRICS has enough variety and diffusion of power to check China's ambitions of painting the world in monochrome red. "We certainly hope that African countries will be among the first to take up membership".

British princes mark anniversary of Diana's death with low-key tribute
William, 35, and Harry, 32, stood looking at photos and floral tributes left for their mother at the Golden Gates of the palace. But, apparently, she didn't let that misery stop her from confronting Prince Charles and Camilla about their affair.


ACLU Sues Trump's White House Over Transgender Military Ban
Catherine Schmid, a 33-year-old woman now serving in Joint Base Lewis-McChord who has applied to become an Army warrant officer. Senior Airman Doe has served for approximately six years on active duty in the U.S.


Corker Applauds Trump Administration Financial Sanctions On Venezuela
Bob Corker's comment that the president does not understand the nation's character and has not demonstrated competence "strange". The Tennessee senator also lauded the president's first worldwide trip overseas, saying that he could not be more pleased.


Recommended:



Popular

Bruce Springsteen Broadway Tickets Selling for Thousands On Stubhub
Bruce Springsteen's solo shows on Broadway have been extended through February, just hours after the original run sold out. Registering again or a couple of times does not increase your chances to receive an offer code.

Canada grows at best pace in almost 6 years in second quarter
A hit like that would mostly be reversed in the year's final quarter as rebuilding efforts kicked in, he added. Said Morgan Stanley economists Robert Rosener, Michael Dilmanian and Ellen Zenter via research notes.

Taylor Swift Gives Too Sexy' Credits For New Single
This was before Kimye was even a possibility, before the Swift /Katy Perry feud, and before Swift had even started making pop music.

Google launches ARCore for augmented reality experiences
It can also detect horizontal surfaces using the same feature points to accurately place AR objects on the floor or on a table. Google has released a preview of the ARCore software development kit (SDK), and an official launch is planned for this winter.

IPhone 8 Gestures Will Replace The Home Button
Given that more than 50% of the company's revenues are generated by the iPhone, it's disturbing news, especially for shareholders. That means that PearlID can be used to unlock the iPhone 8 , authorize Apple Pay purchases, and access secure apps .

Mega-Millionaire Pastor Chided for Harvey Victim Response
On Tuesday evening, hundreds of volunteers gathered at Lakewood Church to help collect and organize donation items and supplies. Pastor Osteen's church is now open for evacuees, and he says flooding inside the church is the reason for the delay.

USA conducts missile test over Pacific
Tensions between the USA and North Korea have been rising in recent months over Pyongyang's development of its nuclear programme. After North Korea launched a missile over Japan, the Hermit Kingdom threatened more launches into the Pacific.

Corinne Opens Up About 'BIP' Shutdown In Emotional Interview
However, the stigma will stay with him since all of this sexual misconduct headlines are embedded in Google's history. Since the scandal, Olympios said she has been weening herself off the medication and cutting down on drinking.

Shai Hope is Windies hero in incredible test triumph over England
This was by some distance the most entertaining and tensest Test match of the summer. "We're test cricketers for a reason". The Caribbean men produced a masterful run chase to beat the English men by five wickets in an exciting clash.

Which Motorola phones will get the Android Oreo update and when?
Google has been providing certification for Android devices to maintain that end-users have a stable experience. Google took this step to distinguish between the certified Android devices and the non-certified ones.