Xi tries to preempt PM Modi from raising Pak terror at BRICS

Xi tries to preempt PM Modi from raising Pak terror at BRICS

Xi tries to preempt PM Modi from raising Pak terror at BRICS

The business forum comes a day ahead of the BRICS leaders' summit, where China will try to overcome internal divisions to amplify the bloc's voice on the global stage.

The PM will also have the opportunity to meet leaders bilaterally on the sidelines of the summit.

Outlining BRICS cooperation in the last 10 years, he said treating each other as equals and seeking common ground while shelving differences is important part of cooperation.

The heads of state from Brazil, Russia, India, China and South Africa will gather in the city of Xiamen through Tuesday, giving China as host its latest chance to position itself as a bulwark of globalisation in the face of U.S. President Donald Trump's "America First" agenda.

Defend its all-weather friend, China has said it would object to any discussion about Pakistan's alleged role in sheltering terrorists during the upcoming BRICS summit, which would also be attended by Indian Prime Minister Narendra Modi.

According to the VEB first deputy chairman, the bank has been seriously considering cooperation with India in the pharmaceutical field. Chinese foreign ministry has earlier objected to such a move saying "it is not an appropriate topic to be discussed at the BRICS summit".

"BRICS has important contributions to make in addressing global challenges and upholding world peace and security", the prime minister said.

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"It is in the interests of all sides to strengthen cooperation among emerging markets and developing countries through the BRICS platform", Jiang said.

"The Chinese government will continue to encourage Chinese companies to operate and take root in other countries and likewise we also warmly welcome foreign companies to invest and operate in China", he said.

Issues of mutual concern such as worldwide conflicts, the fight against terrorism, and reform of the global system of governance, notably the democratisation of the United Nations and the Bretton Woods Institutions will also be discussed.

He added that Russian Federation shares the BRICS countries' concerns over the "unfairness of the global financial and economic architecture, which does not give due regard to the growing weight of the emerging economies". Imports from Brics countries also increased from R115 billion to R230 billion.

These efforts aim to strengthen consultation and coordination on major global and regional issues and build synergy among BRICS countries, Xi said.

He said the BRICS countries should work to usher in second golden decade.

He also said BRICS countries should implement agreements and consensus already reached while actively exploring new ways and areas of practical cooperation.

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