Narendra Modi today concluded the two day BRICS summit held in Goa.The theme of this year's BRICS was Building Reponsive, Inclusive and Collective Solutions. India, over the two days signed several pacts with Russia and engaged in dialogues...
Narendra Modi today concluded the two day BRICS summit held in Goa.The theme of this year’s BRICS was Building Reponsive, Inclusive and Collective Solutions. India, over the two days signed several pacts with Russia and engaged in dialogues with the member countries. Here are thet top 4 takeaways from BRICS summit 2016.
1) Terror support from all BRICS members including Pakistan’s ally, China
The BRICS nation- Brazil, Russia, India, China and South Africa spoke in one voice against terror. India was also able to seek support from Pakistan’s ally China. India is now hopeful that BRICS pressure on China may cause its support for Pakistan to waver. President Xi said that India and China must work together against terrorism and must streghthen dialogue and patnership. PM Modi said that “In the world we inhabit today, security and counter-terrorism cooperation is necessary if we are to secure the lives of our citizens. Terrorism casts a long shadow on our development and economic prosperity. Its reach is now global. It has grown more lethal and adept at the use of technology. Our response to terrorism must, therefore, be nothing less than comprehensive.”
2) India -Russia signed deals worth Rs 39000 across multiple sectors
The agreements signed between India and Russia include joint venture to manufacture helicopters, procurement of s-400 air defence system, construction of 1135 series of frigates in India. The agreement also include a joint study for gas pipeline to India and Russia.
3) India- Russia to carry out feasibility study for Nagur- Sicundrabad passenger train
The two countries would be working together to incerase the speed of trains between Nagpur and Secunderabad to upto 200kmph. “New horizons in the #IndiaRussia partnership. PM & Prez Putin witness exchange of 16 agreements and 3 announcements across fields,” External Affairs Ministry spokesperson Vikas Swarup tweeted following the summit.
4) Talks to speed up work on setting up of BRICS institutions
The instituions include Brics Agriculture Research Centre, Brics Railway Research Network and Brics Sports Council. “The institutions that we build must support the development of our countries and regions.They should enable greater flexibility and freedom, and offer wider choices in responding to our developmental priorities.” said PM Narendra Modi, concluding the 8th BRICS summit.