Prime Minister Narendra Modi is set to visit Russia from October 22-23, 2023, to participate in the 16th BRICS Summit held in Kazan. The summit aims to enhance cooperation between the BRICS countries and new members, including Egypt, Ethiopia, Iran, and the UAE.
BRICS Summit: Importance and Focus
The BRICS Summit is an annual meeting where leaders of Brazil, Russia, India, China, and South Africa come together to discuss key global issues. This year’s summit centers on the theme of multilateralism, focusing on global cooperation and fair, equal participation among nations. Key areas of discussion include economic development, political collaboration, and global security.
What Will Modi Do at the BRICS Summit?
During his visit, Prime Minister Modi will meet with leaders from other BRICS countries, and possibly Chinese President Xi Jinping, to discuss strategic developments and resolve ongoing tensions between India and China. Modi’s presence at the summit reflects India’s commitment to enhancing international relations and boosting economic growth.
Key Themes of the 2023 BRICS Summit
The 2023 BRICS Summit will emphasize:
- Multilateral cooperation for economic growth
- Promoting global security and stability
- Strengthening infrastructure projects, such as the North-to-South corridor
- Reducing dependency on Western powers through economic sovereignty
Economic and Political Goals
One of the major goals of this summit is to reduce the BRICS nations’ reliance on Western countries. President Putin has highlighted the importance of infrastructure projects like the Arctic Sea route, which will enhance trade between Eurasia and Africa. This focus aligns with the economic vision of BRICS nations to promote regional growth and self-reliance.
New Members Join BRICS
This year marks the inclusion of new member nations: Egypt, Ethiopia, Iran, and the UAE, expanding the group’s reach and influence. With the addition of these countries, the BRICS nations now represent a larger portion of the global population and economy.
Key BRICS Nations and New Members
| BRICS Nations | Population (%) | Global Economy (%) |
| Brazil | 2.7% | 2.5% |
| Russia | 1.9% | 1.8% |
| India | 17.7% | 7.1% |
| China | 18.7% | 18.3% |
| South Africa | 0.7% | 0.5% |
| New Members | 7.4% | 2.3% |
News Summary:
- Prime Minister Modi is attending the 16th BRICS Summit in Kazan, Russia.
- New members joining BRICS include Egypt, Ethiopia, Iran, and the UAE.
- Key discussions will focus on multilateralism, economic cooperation, and security.
- Modi may meet with Chinese President Xi Jinping to discuss border tensions.
- Strategic developments like the North-to-South corridor will be highlighted to improve trade.
Read Ministry of External Affairs Official News for PM Visit to Russia for 16th Brics Summit
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The BRICS Summit is an annual meeting of leaders from Brazil, Russia, India, China, and South Africa, focusing on economic growth, global development, and security.
Prime Minister Modi is attending to strengthen India’s ties with BRICS countries, promote economic cooperation, and discuss regional security.
The main theme is multilateralism, focusing on global cooperation and building stronger partnerships between BRICS countries and new members like Egypt, Iran, and Ethiopia.
There may be a meeting between Modi and Xi Jinping, where border tensions between India and China could be discussed.
Key goals include boosting economic growth, enhancing global security, and reducing dependence on Western powers.
Egypt, Ethiopia, Iran, and the UAE have joined BRICS this year, expanding its global influence.
BRICS countries represent about 42% of the world’s population and 23% of the global economy, contributing significantly to global trade and growth.
