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

Kristopher Drake
September 3, 2017

The Doklam issue will overshadow the meeting of leaders, and play a key role during Modi's one to one meeting with Chinese President Xi Jinping and leaders of Brazil, South Africa, and Russian Federation including Vladimir Putin, observers said. The guest countries are Thailand, Mexico, Guinea, Egypt and Tajikistan. The bank aims to address a massive infrastructure funding gap in the member countries, which account for nearly half the world's population and about a fifth of global economic output.

"The two leaders agreed to stick to the goal of denuclearisation on the Korean Peninsula and keep close communication and coordination to deal with the new situation", Xinhua said in a brief dispatch. Xi is expected to meet Modi separately because an absence of one-to-one meeting would send out signals of continuing distrust.

Hu Zhiyong from the Institute of International Relations of the Shanghai Academy of Social Sciences said China showed great restraint and patience.

Some in China are still smarting from the resolution of the standoff as Indian border personnel managed to stay on in Chinese territory for two months and leave without any retaliation from the mighty PLA.

This was according to Chinese President Xi Jinping during his keynote address at the opening ceremony of the Brics Business Forum on Sunday.

China is now Mexico's second largest trading partner, while Mexico is China's second largest trading partner in Latin America.

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

He also talked about the newly implemented Goods and Services Tax (GST) and termed it as India's biggest piece of economic reform. After taking part in BRICS summit in China, the PM will head to Myanmar on a State visit.

Modi might raise Pakistan's terror links at the event.

In saying this, reported the paper, China clearly signaled that it would object to any discussion of Pakistan allegedly providing shelter to terrorists, an issue India has complained about in recent years.

"BRICS envisioned quite a hopeful direction for the future but so far has had very limited influence on world politics and economics", Shi said. "BRICS has important contributions to make in addressing global challenges and upholding world peace and security", the prime minister had said. The summit in Xiamen is expected to shed light on this.

"The banks will establish a framework mechanism to extend credit lines in local currencies to the BRICS (Brazil, Russia, India, China, South Africa) ICM members and the BRICS companies against guarantees of the signatory banks", it said.

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