03 September, 2017
In a Facebook post, the Prime Minister said, "India had the privilege of hosting the previous Summit in Goa in October a year ago".
The summit "will build on the past achievements of Brics, by deepening Brics co-operation for common development, strengthening global governance to jointly meet challenges, carry out people-to-people exchanges to support Brics co-operation and make institutional improvements, and build broader partnerships".
Brics leaders would also engage in a dialogue with emerging markets and developing countries; the invited countries being Egypt, Guinea, Mexico, Tajikistan. and Thailand. However, there was so far no final word on a bilateral meeting between Mr Modi and Mr Xi on the sidelines of the Summit.Mr Modi will travel to Myanmar on September 5 for a three-day visit, his first bilateral visit to India's neighbour in the North-East.
The heads of state from Brazil, Russia, India, China and South Africa will gather in the city of Xiamen through Tuesday, giving China as host its latest chance to position itself as a bulwark of globalisation in the face of U.S. president Donald Trump's "America First" agenda.More news: Apple iPhone 8: It's The Final Countdown!
" India attaches high importance to the role of BRICS that has begun a second decade of its partnership for progress and peace", he added. "I don't think this is an appropriate topic to be discussed at BRICS summit", Hua Chunying, Chinese Foreign Ministry spokesperson, said at a briefing on Thursday.
"The agreement and memorandum were executed by the CEOs of Exim Bank of India, Brazil's Banco Nacional de Desenvolvimento Economico e Social, China Development Bank, Development Bank of Southern Africa and Vnesheconombank", Russian development bank Vnesheconombank said in a statement. New areas to work together will also be explored. Later, the prime minister will visit Myanmar to boost bilateral ties from 5th to 7th September. "The worldwide community should recognise the contributions and sacrifices made by Pakistan", said Hua.
"The world is paying great attention to the BRICS summit".
Coincidentally, Myanmar was also the first country that Modi had visited after carrying out his first reshuffle. "I will also interact with the Indian community in Myanmar".