BRICS bond in times of Trump

On a crisp sunny winter day in the land of Madiba and Mahatma, leaders of BRICScountries clasped their hands together at the Sandton Convention Centre, Johannesburg and decided to sculpt a new edifice of reformed multilateral order as a bulwark against rising tides of unilateralism and parochialism. This joint intent to re-shape the global order was telescoped in the imparting of virtual hand impressions at the Cradle of Humankind at Maropeng by leaders of BRICS countries.

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Bolstering Brics: Mapping New Pathways

The 8th BRICS Summit in Goa marked the 15th anniversary of an idea proposed in 2001. However, BRICS as a grouping has grown into something much wider and deeper in the intervening 15 years. South Africa was added to the group in 2011, enlarging it from four members to five. In terms of agenda and areas of interest also, BRICS has had a very successful evolution.
What does the future trajectory of BRICS look like? Will it continue to grow in strength and influence? Will some of the strategic competition between the members make it less effective? What will be the impact of the serious economic slowdown on three of the five members? Can BRICS make a lasting contribution in areas like Sustainable Development and Global Governance? These are some of the questions faced by the five countries. A medium and long-term vision is needed to take the group forward.
For India, apart from the gains emanating from intra-BRICS cooperation, there is a visible additionality to the country’s global clout. There are areas in global governance where India by itself cannot bring about changes. However, BRICS as a platform has the potential to do this. A multi-polar or polycentric world of the future is more likely to have these kinds of groupings as the centres of influence, rather than individual countries, and that is where the value of BRICS lies.

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Modi pitches for bigger BRICS role in combating terror, Xi backs India

HAMBURG:  Ahead of the BRICS summit in China, India’s Prime Minister Narendra Modi underlined that the BRICS grouping should play a pivotal role in combating terrorism, addressing climate change and take the lead in fuelling global economic growth.
Mr Modi was speaking at the meeting of 
the  leaders of the five BRICS countries on the sidelines of G20 Summit in Hamburg, Germany. China will host  the forthcoming 9th BRICS Summit in September in Xiamen.
 In his intervention, Mr Modi underscored that BRICS has been a strong voice and needs to show leadership on terrorism and global economy. He added that G20 should collectively oppose terrorism financing, franchises, safe havens, support and sponsors. 

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BRICS sees rekindling of India-Russia romance

Though India made it a point to focus on terrorism and managed to underscore “the need for close coordination on tracking sources of terrorist financing and target the hardware of terrorism, including weapons’ supplies, ammunition, equipment and training,” it could not convince China to change its stance on Masood Azhar, leader of the Pakistan-based militant group Jaish-e-Mohammed.

The group has been blamed for attacks on Indian soil in the past, including the 2001 parliament attack in Delhi that took the nuclear-armed rivals to the brink of war.

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Sheikh Hasina’s visit to India: What to expect

India’s relations with Bangladesh will get a major boost with the visit of Prime Minister Sheikh Hasina to Goa. Sheikh Hasina is visiting India to attend a summit of the BIMSTEC (Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation) on the sidelines of the BRICS (Brazil, Russia, India, China and South Africa) summit to be held in Goa on October 15-16. Prime Minister Narendra Modi and Sheikh Hasina are expected to hold a bilateral meeting on the sidelines of the dual summits in Goa on October 16.
Sheikh Hasina will be participating in the multilateral forum along with 11 other leaders from BIMSTEC and BRICS countries. Members of BIMSTEC include Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka and Thailand.

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India hopeful Russia will scale down military ties with Pakistan, big deals on way

Amid a note of dissonance over the issue of Russia’s joint military drills with Pakistan, India has voiced confidence that Moscow will reflect on New Delhi’s concerns as it unveiled an ambitious multifarious agenda to galvanize the special and privileged strategic partnership between the two countries.

In an attempt to downplay Moscow’s military outreach to Islamabad, India’s ambassador to Russia Pankaj Saran indicated that a specific incident or episode should not be allowed to shadow the India-Russian relationship, which is special in many ways.

“It’s not legitimate to reduce the relationship to what happened a few days ago,” Mr Saran said when asked by India Writes Network on whether the Pakistan-Russia joint exercises have cast a shadow over the so-called special and privileged relationship between New Delhi and Moscow.

“We have conveyed our concerns to the Russian side. We are confident that Russia will reflect on our concerns,” the Indian envoy told reporters at Taj Exotica Hotel, the venue of the 17thIndia-Russia annual summit and the 8th BRICS summit.

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