MODI BRICS VISIT WILL STRENGTHEN INDIA ECONOMY
Prime Minister Narendra Modi is in Brasilia, Brazil on 13-14 November 2019, for the 11th BRICS Annual Summit of Heads of Government.
The BRICS Summit will focus on building mechanisms for counter-terrorism cooperation and strengthen India’s ties with the world’s five major economies.
BRICS: Brazil. Russia. India. China. South Africa.
Prime Minister Narendra Modi strengthened the India Economy, with the Huge Investment in India from the Big Businesses in the BRICS Nations.
Prime Minister Narendra Modi will also get the BRICS Nations to Partner India in the strategic War against the Islamic Terrorism being Bred-Trained-Equipped-Financed and Exported from Pakistan.
Prime Minister Narendra Modi in Brazil on 13 November 2019 met the China President Xi Zinping and the Russia President Vladimir Putin.
MODI INSPIRED BRICS BIZ FORUM TO INVEST IN INDIA
Prime Minister Narendra Modi addressing the closing ceremony of the BRICS Business Forum, said that, the grouping of the BRICS Five Nations had led to the economic development, despite the global economic slowdown.
Prime Minister Narendra Modi addressing the closing ceremony of the BRICS Business Forum, said that, India is the world’s most “open and investment friendly” economy.
Prime Minister Narendra Modi wooed the BRICS business leaders, urging them to invest in the country and take advantage of its “limitless” possibilities and “countless” opportunities.
Prime Minister Narendra Modi addressing the closing ceremony of the BRICS Business Forum, said that, “India is the most open and investment friendly economy in the world due to political stability, predictable policy and business friendly reforms. By 2024, we want to make India a five trillion dollar economy. The infrastructure alone requires USD 1.5 trillion investment.”
Prime Minister Narendra Modi noting that India has “limitless” possibilities and “countless” opportunities, urged the BRICS business leaders to take advantage of them.
Prime Minister Narendra Modi said that, “I invite the business of BRICS countries to build and grow their presence in India.”
Prime Minister Narendra Modi said that, “BRICS countries account for 50 per cent of the world’s economic growth. Despite the recession in the world, BRICS countries accelerated economic growth, drove millions out of poverty and achieved new breakthroughs in technology and innovation. Now ten years after the founding of BRICS, this forum is a good platform to consider the direction of our efforts in the future.”
Prime Minister Narendra Modi said that, simplifying intra-BRICS business will increase mutual trade and investment.
Prime Minister Narendra Modi said that, “Tax and customs procedures between us five countries are getting easier. The business environment is getting easier with the collaboration between intellectual property rights, and banks. I request the BRICS Business Forum to study the necessary business initiatives to take full advantage of the opportunities thus generated.”
Prime Minister Narendra Modi said that, “I would also like to request that priority areas in business be identified among us for the next ten years and based on them blue print of Intra-BRICS collaboration should be made.”
Prime Minister Narendra Modi said that, the market size, diversity and complementarities of the members of the BRICS countries were very beneficial to each other and urged the forum to map such complementarities in the five countries.
Prime Minister Narendra Modi said that, “If one BRICS country has technology, the other is related to raw materials or markets. Such possibilities are especially in electric vehicles, digital technology, fertilizer, agricultural products, food processing. I would urge the forum to map such complementarities in five countries. I would also like to suggest that at least five such areas should be identified by the next BRICS Summit in which joint ventures can be formed between us on the basis of complementarities.”
Prime Minister Narendra Modi said that, “Important initiatives like innovation BRICS Network, and BRICS Institution for Future Network will be considered during tomorrow’s summit. I request the private sector to join these efforts focused on human resources. Connecting young entrepreneurs with these initiatives will also give more strength to business and innovation.”
Prime Minister Narendra Modi said that, there was a possibility of making travel, business and employment between the BRICS (Brazil, Russia, India, China and South Africa) countries more easy.
Prime Minister Narendra Modi thanked President of Brazil Jair Bolsonaro for his government’s decision to give Indians visa-free entry in his country.
Prime Minister Narendra Modi said that, “I thank the President of Brazil for deciding the visa free entry to Indians. We five countries should also consider mutual social security agreement.”
RUSSIA PREZ PUTIN INVITED PM MODI TO VICTORY DAY
Russian President Vladimir Putin has invited Prime Minister Narendra Modi to attend the Victory Day celebrations in Russis in May 2020.
Russian President Vladimir Putin and the Prime Minister Narendra Modi had an “excellent meeting” in Brazil on the sidelines of the BRICS Summit.
Russian President Vladimir Putin and the Prime Minister Narendra Modi reviewed the progress made in the bilateral ties and discussed ways to further expand the special strategic partnership.
Russian President Vladimir Putin and the Prime Minister Narendra Modi reviewed the full range of India-Russia relations.
Prime Minister Narendra Modi tweeted that, “Had an excellent meeting with President Putin. During our talks, we reviewed the full range of India-Russia relations. India and Russia are cooperating extensively in areas such as trade, security and culture. The people of our nations will benefit due to close bilateral ties.”
Russian President Vladimir Putin and the Prime Minister Narendra Modi had the Bilateral Meeting in Brazil, the fourth between the two leaders this year.
Prime Minister Narendra Modi Modi said that, the “frequent meetings have strengthened our relations”.
Prime Minister Narendra Modi Modi said that, “Our bilateral relations are growing. You have invited me to visit Russia in May for the Victory Day celebrations. I am happily waiting that I will get an opportunity to meet you once again.”
Both leaders reviewed the progress made in the bilateral relationship since the Prime Minister’s visit to Vladivostok in September.
The two leaders noted with satisfaction that the USD 25 billion target of bilateral trade by 2025 had already been achieved. They decided that the first Bilateral Regional Forum at the level of Russian Provinces and Indian States be held next year to dismantle the barriers of trade at regional level.
The two leaders noted the stability and progress made in imports of oil and natural gas.
They also reviewed the progress made in the field of infrastructure, particularly railways in context of raising the speed of the Nagpur-Secunderabad sector railway line.
The two leaders also noted with satisfaction the cooperation in defence sector and in the field of civil nuclear energy. They welcomed the prospects of cooperation in civil nuclear energy in third countries.
The two leaders also noted that both sides shared a common position on international issues and agreed to continue close consultations in the future.
President Putin reiterated the invitation to the Prime Minister Narendra Modi Modi, to visit Moscow to participate in the Victory Day celebrations in MAY 2020, which the Prime Minister Narendra Modi Modi gladly accepted.
The annual May 9 Victory Day parade in Moscow, where Russia shows off its military might, commemorates the May 1945 allied victory over Nazi Germany.
President Putin highlighted the potential of Arctic region in natural gas and invited India to invest in the region.
President Putin said that, the India-Russia bilateral trade had registered a growth of 17 per cent.
President Putin said that, “This is our fourth meeting this year. I am so glad to have this high intensity of contacts. We have been implementing major bilateral projects and strengthening technical cooperation and our cultural exchanges are expanding.”
The two leaders met over two months after holding extensive talks in Russia’s far east Vladivostok city on the sidelines of the Eastern Economic Forum (EEF) during which they discussed ways to further cement the Special and Privileged Strategic Partnership between the two countries.
Prime Minister Narendar Modi said that, the friendship between India and Russia was not restricted to governmental interactions in capital cities, but was about people and close business relations.
MODI GETS BRAZIL PREZ TO ATTEND REPUBLIC DAY
Prime Minister Narendra Modi met with the Brazil President Bolsonaro on the sidelines of the BRICS 13-14 November 2019 Summit meeting.
Prime Minister Narendra Modi met with the Brazil President Bolsonaro and spoke about diversifying cooperation for the benefit of the people.
The two leaders held "fruitful talks" to strengthen bilateral ties.
Prime Minister Narendra Modi invited Mr Bolsonaro to the Republic Day, 2020. The Brazilian President has accepted the invitation.
"Both leaders agreed that on this occasion, the two countries can comprehensively enhance our strategic partnership."
Prime Minister Narendra Modi said that, he looked forward to discussing matters relating to trade.
Prime Minister Narendra Modi also outlined areas for potential investment from Brazil, including in areas of agricultural equipment, animal husbandry, post-harvest technologies and biofuels, the statement said.
The Brazilian President expressed his readiness and informed Prime Minister Narendra Modi that a large business delegation will accompany him to India, it said, adding that the two leaders also discussed other areas of cooperation including space and defence sectors.
Prime Minister Narendra Modi welcomed the decision of the President to grant visa-free travel to Indian citizens.
Prime Minister Narendra Modi at the BRICS 5 Nations Summit in Brazil on 13-14 November 2019, strengthened the India Economy by persuading the Big Businesses in theBRICS Nations to make Huge Investments in India Infrastructure.