PM Modi Arrives in Kazan for BRICS Summit, Bilateral Meetings with Putin and Xi Jinping

Team Finance Saathi

    23/Oct/2024

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PM Modi lands in Kazan to attend the BRICS Summit and hold bilateral meetings with key BRICS leaders, including Putin and Xi Jinping.

Modi aims to strengthen India's strategic partnership with Russia while addressing global issues like economic cooperation, climate change, and multilateralism.

The summit marks the first BRICS gathering post-expansion, emphasizing key discussions on global developmental agendas and resilient supply chains.

Prime Minister Narendra Modi arrived in Kazan on Tuesday, marking his participation in the BRICS Summit alongside leaders from Brazil, Russia, China, South Africa, and newly inducted members. This summit holds special significance as it is the first BRICS gathering since the group's expansion during its 2023 Johannesburg Summit. The summit brings together influential global leaders to discuss critical issues concerning economic cooperation, climate change, and multilateral reforms.

Upon landing at Kazan Airport, Modi expressed India's strong commitment to the BRICS platform, noting its importance in fostering dialogue on global challenges. In his departure statement, Modi emphasized India's appreciation for close cooperation within BRICS, which has evolved into a robust platform for addressing the global developmental agenda, with a focus on reformed multilateralism, building resilient supply chains, and enhancing people-to-people connections.

Modi’s visit is expected to further reinforce the 'Special and Privileged Strategic Partnership' between India and Russia, a relationship that has seen continued growth in recent years, particularly in areas such as defense, energy, and cultural exchanges. The Prime Minister is slated to hold a series of bilateral meetings with key leaders, including Russian President Vladimir Putin and Chinese President Xi Jinping, on the margins of the summit. These high-level talks are expected to address a range of issues, from economic ties to regional security, reflecting India’s broader strategic priorities.

Strengthening India-Russia Relations

India and Russia share a long-standing strategic partnership, which Modi has described as "Special and Privileged." This close relationship has been marked by defense cooperation, with India being a significant buyer of Russian military equipment, and energy cooperation, with Russia playing a key role in meeting India’s growing energy needs. Modi's meeting with Putin during the summit is expected to build on this partnership, discussing avenues for further collaboration in areas such as trade, space exploration, and nuclear energy.

At a time when global geopolitics is rapidly evolving, the India-Russia relationship remains crucial for both nations. Modi’s visit to Kazan symbolizes the ongoing efforts to diversify bilateral ties beyond traditional sectors like defense, towards newer areas such as technology and cybersecurity. This is particularly relevant in the face of global challenges such as climate change, where both countries have committed to sustainable energy solutions and greater cooperation in renewable energy.

BRICS: A Platform for Global Dialogue

The BRICS Summit in Kazan will focus on several key global issues, including the global developmental agenda, economic cooperation, and climate change. One of the key points of discussion will be reformed multilateralism, where BRICS has emerged as a critical voice advocating for a more inclusive and representative global governance system. India, under Modi's leadership, has consistently supported the idea of reforming global institutions like the United Nations Security Council (UNSC) to better reflect the changing global order.

During the summit, Modi is expected to highlight India’s initiatives in building resilient supply chains, especially in light of the disruptions caused by the COVID-19 pandemic and geopolitical tensions. India has been at the forefront of advocating for strengthened economic cooperation within BRICS, with a focus on promoting trade and investment flows, especially among developing nations.

Bilateral Meeting with China’s Xi Jinping

Another important meeting on the agenda is between Modi and Chinese President Xi Jinping. India and China have faced tensions in recent years, particularly along the Line of Actual Control (LAC). The meeting between the two leaders presents an opportunity to discuss border tensions, regional security, and the potential for economic cooperation despite ongoing challenges. As two of the world’s largest economies, their relationship is critical to regional and global stability.

Modi’s emphasis during the summit will likely be on economic cooperation within BRICS, urging all member nations, including China, to work together on addressing global challenges such as climate change and trade imbalances. This cooperation is especially significant given the expansion of BRICS, which now includes new member countries that contribute to the bloc’s growing influence on the global stage.

Focus on the Expanded BRICS Summit

This BRICS Summit is the first to be held after the group was expanded at the 2023 Johannesburg Summit, reflecting the growing importance of emerging economies in shaping the global economic landscape. The inclusion of new members has brought renewed focus on the potential of BRICS to serve as a counterweight to existing global economic institutions, providing an alternative platform for countries from the Global South.

During the summit, Modi will likely address how the expansion of BRICS can contribute to greater representation for developing nations in global decision-making processes. This aligns with India’s broader foreign policy goals of promoting inclusive governance and ensuring that the voices of developing countries are heard on key issues such as climate change, global trade, and sustainable development.

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