ID :
116976
Fri, 04/16/2010 - 08:54
Auther :

Singh in Brazil to attend BRIC and IBSA Summits

Ajay Kaul
Brasilia, Apr 15 (PTI) Prime Minister Manmohan Singh
arrived here on Thursday on a two-day visit during which he
will attend the Brazil-Russia-India-China (BRIC) and
India-Brazil-South Africa (IBSA) Summits and hold bilateral
meetings with Chinese President Hu Jintao and Russian
President Dmitry Medvedev.
Singh, accompanied by his wife Gursharan Kaur, was
accorded a red-carpet welcome at the Brazilian Air Force Base
with the presentation of ceremonial Guard of Honour and 21-gun
salute.
He was received warmly by Brazilian Defence Minister
Nelson Jobin as the military band played national anthems of
the host country and India, one by one.
The Prime Minister reached here from Washington on the
second leg of his eight-nation tour.
The two Summits will discuss global economic crisis
besides ways to enhance cooperation among the member countries
of the two groupings.
At the 2nd BRIC Summit, Iran's nuclear issue and the
controversy surrounding it will also be discussed under the
grouping's format by Singh, Russian President Dmitry Medvedev,
Chinese President Hu Jintao and Brazilian President Lula da
Silva. This will be the first time that Iran will be part of
focussed agenda of the grouping.
BRIC is a significant grouping comprising two of the
world's leading energy producers -- Russia and China and top
energy consumers -- India and China, which officials say forms
the basis for natural synergy.
In the BRIC format, Foreign Ministers of the four
countries have been meeting regularly on the sidelines of
international conferences, including the UN General Assembly.
The BRIC countries, representing 40 per cent of the
global population, are among the largest and fastest growing
economies with rich human and material resources. They
represent the future of the global economic landscape.
With a similarity of views on several issues like climate
change and reform of global institutions, including the UN,
the four countries have been fine-tuning their collective
approaches to these issues.
In the IBSA format too, India, Brazil and South Africa,
the three fastest growing economies of three continents, have
been evolving common and coordinated approaches to the
challenges like global economic crisis and climate change
besides pushing efforts to enhance cooperation among
themselves. More PTI

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