BRICS: News and Discussion

Satya_anveshi · Post by **Satya_anveshi** » 20 Dec 2015 09:33

IMO that read is correct. INC of 1991 and beyond is an entirely different animal than of 70s (MMS factor). But so is true of BJP/ Jan Sangh. NDA under Modi ji does not fall under this theory though. We are in an unpredictable zone and that is the worry for some (nationalists) and hope for others (like current INC).

habal · Post by **habal** » 20 Dec 2015 10:11

rajiv died 21 May 1991 and MC introduced on 21 June 1991. Looking back at that it was fast. We were a two bit nation back then I suppose.

Philip · Post by **Philip** » 20 Dec 2015 19:20

To coin a phrase,"War is economic by other means",mirroring the popular saying that it is "politics" by other means..Japan went to war in WW2 because of US sanctions. The US/West and their eco forces,which are the other side of the same coin -military power,fear that thhir grip on the global economy will disappear with the emergence of BRICS. India,S.Africa and Brazil they fear little,as we have enough stool pigeons who will wipe their backsides for filthy lucre, succumb to flattery and have a deep sense of inferiority of the white man,but Russia and China are different propositions.

The Chinese believe that the Westerners are barbarians, that they are the "Middle Kingdom" between heaven and earth,overlords of the human race to whom all nations must kowtow. The Russians are fiercely nationalistic,have suffered horrendously in history and take sh*t from no one. They are capable of enduring huge privations and as was seen at Stalingrad,will fight to the last man,woman,child and animal. Russia defeated both Napoleon and Hitler and survived invasions from the East too. Hence the US/West's goalpost shifting of eco rules to screw both Russia and China. Unfortunately,this brings about the opposite result.A closer relationship both economic and military. at some point in the future,even India too will face Western eco chicanery and heat. It will then be at a decisive crossroad which will determine its destiny this century. The magnetism of the Sino-Rus military and eco relationship may be too strong to resist. Even as we ponder and deliberate upon events,the using of national currencies in bi-lteral trade and not the $,shows which way the wind is blowing.

NRao · Post by **NRao** » 10 Mar 2016 05:01

Brazil is in trouble, more ways than one
Russia has her own problems
India is the only bright light
China is sliding downhill

South Africa, never was clear why they were added to this list, but SA is near non-existent

Time for India to take the bull by the horn and lead. Forget these other players. Create a group within India tasked just to accomplish this.

member_29294 · Post by **member_29294** » 10 Mar 2016 07:15

^

SA was added because they wanted a country from Africa to diversify the list.

But it should have been Nigeria, SA is going nowhere under current policies and is unlikely to ever become a world power.

uddu · Post by **uddu** » 10 Mar 2016 07:20

SA is the right choice. They have a future, if not the current situation is not that bright. Nigeria may be better off today but the future is not bright for them. They just joined the coalition of Saudi Led Jihadis. So not far from now they will end up as another ISIS nation the work of which has already started by the faithfools in that country.

A_Gupta · Post by **A_Gupta** » 07 Apr 2016 17:41

http://in.rbth.com/economics/finance/20 ... dia_582741
Setting up mechanisms for BRICS bank priority for India
India seeks to work out mechanisms to finance projects and establish close ties with the BRICS New Development Bank as a priority during its presidency.

A_Gupta · Post by **A_Gupta** » 09 Apr 2016 06:27

http://indianexpress.com/article/india/ ... expertise/
BRICS cities’ conclave: Delegates to share knowledge, technology, expertise
The ‘BRICS Friendship Cities Conclave’, to be held from April 14 to 16, will focus on various issues of urban development such as urban transport, affordable housing, successful models of city governance among others.

Nearly 75 delegates from major cities of BRICS nations, including Shanghai, Johannesburg, Rio de Janeiro, and St Petersburg, will attend a three-day conclave on urban planning in Mumbai, in what would be India’s first BRICS event after assuming presidency. The conference will be held from April 14 to 16.

Austin · Post by **Austin** » 12 Jun 2016 12:18

“Creation of BRICS really scared some countries”: Rousseff

Brazil’s suspended President Dilma Rousseff has said those betting on the BRICS to disintegrate are making an “unforgivable mistake”.

“The creation of BRICS was an event of unprecedented significance in world affairs. The emergence of BRICS and the G20 group was a peak from the standpoint of multilateral processes and of building a multipolar world,” Rousseff told Russian state daily Rossiiskaya Gazeta.

The BRICS nations account for about a quarter of global economic output. China and India are among the world’s fastest growing large economies.

“I should say that the creation of BRICS really scared some countries, and we know that. Thinking that this quintet will fall apart or disappear would be tantamount to making a strategic and unforgivable geopolitical mistake,” she added.

The Brazilian Senate voted to impeach President Dilma Rousseff in May.

However, a wave of scandals buffeting Brazil’s interim government is weakening the resolve of some senators to oust suspended Rousseff, offering the leftist leader hope of surviving an impeachment trial in the upper house.

Leaked recordings, of politicians and key allies of interim President Michel Temer, discussing Brazil’s sprawling kickback scandal has dented the credibility of the new administration.

Temer’s Transparency Minister Fabiano Silveira and Planning Minister Romero Juca were caught conspiring against the Petrobras corruption probe in leaked recordings which were broadcast by national media. Both Ministers stepped down subsequently.

Brazilian daily O Estado de S Paulo also reported that Temer’s seven-year-old son, Michelzinho, is the registered owner of properties worth $550,000. The report also said Temer’s total assets nearly doubled between 2006 and 2014.

Meanwhile, Rousseff said on Thursday that each of the BRICS states are currently experiencing economic problems stemming from the West-induced crisis.

A new World Bank report, Global Economic Prospects: Divergences and Risks, says emerging economies need to look to policy reform in order to keep pace with growing global challenges.

“But we will overcome that crisis to get even stronger than we were in the past. Our alliance rests upon the idea of strategic nature of these relations. It is an inter-continental union,” Rousseff said.

The BRICS Bank announced its first set of investments in April this year. The $100 billion NDB will compete with institutions where the US has considerably more influence—organizations such as the World Bank and the International Monetary Fund.

According to surveys by Brazilian media, up to a dozen of the 55 senators who voted last month to put Rousseff on trial are now undecided.

If just a couple of those change sides, the Temer camp would lose the 54 votes it needs – two-thirds of the 81-seat Senate – to convict Rousseff. She would then be able to serve out her term until 2018.

Analyst Sam Cowie says many view Temer’s government as illegitimate.

“What legitimacy does Temer’s unelected government have to impose cuts that will seriously affect tens of millions of mainly poor and lower income Brazilians?” Cowie asks.

svinayak · Post by **svinayak** » 05 Sep 2016 03:58

http://politicsparty.com/shownews.php?newsid=1227
OBAMA PRAISED MODI PUBLICLY AT G20 SUMMIT

OBAMA PRAISED MODI PUBLICLY AT G20 SUMMIT
United States of America President Obama in his intervention
during the G20 summit praised the Diplomacy Emperor Prime
Minister Narendra Modi for the recent tax reform as an example
of "bold policy" in an otherwise "difficult global economic
scenario".

OBAMA PRAISED MODI
The Diplomacy Emperor Prime Minister Narendra Modi today
exchanged views with U.S President Barack Obama on the
sidelines of the G20 summit here.
The US President Obama praised the "bold policy" move by the
Diplomacy Emperor Prime Minister Narendra Modi on GST
reform in a "difficult" global economic scenario.
The Diplomacy Emperor Prime Minister Narendra Modi first
met President Obama briefly when they were onstage to pose for
a family photograph at the G20 Summit venue in this eastern
Chinese city.
The two leaders had another opportunity to exchange views
during an informal evening programme.

MODI DID CHINA, BRICKS & G20 MEETS
The Diplomacy Emperor Prime Minister Narendra Modi had
FOUR important Meetings on 4 September 2016 at the G20
summit Venue in Hangzhou in China.
The Diplomacy Emperor Prime Minister Narendra Modi
attended and spoke at the G20 Summit, towards the evening.
The Diplomacy Emperor Prime Minister Narendra Modi
participated in the BRICS (Brazil. Russia. India. China. South
Africa) Meeting, at the G20 Summit Venue.
The Diplomacy Emperor Prime Minister Narendra Modi began
the day with the vital meeting with the China President Xi
Jinping.
The Diplomacy Emperor Prime Minister Narendra Modi met
with the new Australia Prime Minister.

MODI MEET WITH CHINA XI
The Diplomacy Emperor Prime Minister Narendra Modi meeting
with the China President happened amid the croppingup of the
differences, including listing of Pakistanbased terrorist
organisations in the UN, China stalling India's membership at the
elite Nuclear Suppliers Group (NSG) and the CPEC being built
through PoK.
The Diplomacy Emperor Prime Minister Narendra Modi spoke
to the China President Xi Jinping in a 45 Minutes Delegation
Level meeting at Hangzhou in China, at the Venue of the G20
Summit.
The Diplomacy Emperor Prime Minister Narendra Modi raised
the India Concern witth the China President Xi Jinping about the
CPEC which runs through PoK and the Terrorism "emanating
from the Pakistan Region".
The Diplomacy Emperor Prime Minister Narendra Modi told the
China President Xi Jinping that the two countries need to be
"Sensitive" to each other's Strategic Interests.
The Diplomacy Emperor Prime Minister Narendra Modi
asserted that fight against Terrorism must not be motivated by
"Narrow Political Considerations".
The Diplomacy Emperor Prime Minister Narendra Modi said it
is of "paramount importance that we respect each other's
aspirations, concerns and strategic interests" to ensure durable
Bilateral ties.
The Diplomacy Emperor Prime Minister Narendra Modi in the
Bilateral meeting with the China President Xi Jinping ahead of
the G20 summit, raised India's concerns over the USD 46 billion
China Pakistan Economic Corridor (CPEC) being laid through
PoK.
Besides a host of energyrelated projects, the CPEC consists of
rail, road and pipelines to ferry oil and gas from Gwadar port to
Kashghar in Xinjiang through PoK.
The Diplomacy Emperor Prime Minister Narendra Modi said
that both India and China need to be "sensitive" to each other's
strategic interests and called for specific actions to "prevent
growth of negative perception".
The Diplomacy Emperor Prime Minister Narendra Modi said
that "In order to promote positive convergence, we would also
need to prevent growth of negative perception. For this, the
specific actions by both countries would play the major role."
The Diplomacy Emperor Prime Minister Narendra Modi said
that "we have succeeded in maintaining peace and tranquility on
the border".
The Diplomacy Emperor Prime Minister Narendra Modi in his
Opening statement Condemned the recent suicide bomb attack
on the Chinese Embassy in Bishkek, capital of Kyrgyzstan,
The Diplomacy Emperor Prime Minister Narendra Modi said
that it is yet another proof of the continuing scourge of
Terrorism.
Xi Jinping in response said that China is willing to work with
India to maintain their "hardwon sound" ties and further boost
bilateral cooperation.
The Diplomacy Emperor Prime Minister Narendra Modi said
about the bilateral relations, which experienced turbulence due to
differences over a series of issues, that in order to make the Asian
century a reality, the countries of the continent would have to
take responsibility.
The Diplomacy Emperor Prime Minister Narendra Modi and the
China president will continue to hold Bilateral Talks after the G
20 Summit, at Laos, to resolve the IndiaChina Differences.

MODI EMPHASIS ON ANTITERROR FIGHT BY BRICS
The Diplomacy Emperor Prime Minister Narendra Modi called
for intensified joint efforts by the other BRICS Nation Members
to combat Terrorism.
The Diplomacy Emperor Prime Minister Narendra Modi sought
coordinated actions by the grouping to "isolate supporters and
sponsors of terror", in an apparent reference to Pakistan.
The Diplomacy Emperor Prime Minister Narendra Modi in a
hardhitting intervention while leading from the Chair, in his
address to the BRICS Leaders Meeting here said that:
"Terrorists in South Asia or any where for that matter do not
own banks or weapons factories".
"Clearly someone funds and arms them and BRICS must
intensify joint efforts not just to fight terror but to coordinate
actions to isolate those who are supporters and sponsors of
terror."
The Diplomacy Emperor Prime Minister Narendra Modi
describing BRICS as "an influential voice" in international
discourse, said it was the grouping's shared responsibility to
shape the global agenda and help developing nations achieve
their objectives.
The Diplomacy Emperor Prime Minister Narendra Modi said
terrorism remains the "primary source of instability and the
biggest threat to our societies" and countries and the supplies
chains have a global reach.
The Diplomacy Emperor Prime Minister Narendra Modi said
that the Use of the Social Media to promote radical ideology is
"growing dimension of this threat".
The Diplomacy Emperor Prime Minister Narendra Modi found it
important to have informal discussions with the other BRICS
leaders ahead of the grouping's 8th annual Summit in Goa from
October 1516, 2016.
The Diplomacy Emperor Prime Minister Narendra Modi in his
address to the four other leaders of the grouping said: "We, as
BRICS, are an influential voice in international discourse. It is,
therefore, our shared responsibility to shape the international
agenda.
The Diplomacy Emperor Prime Minister Narendra Modi said
that: "Our shared responsibility to shape international agenda in
manner that helps developing nations achieve their objectives."
BRICS brings together five major emerging economies,
comprising 43 per cent of the world population, having 37 per
cent of the world GDP and 17 per cent share in the world trade.
The Diplomacy Emperor Prime Minister Narendra Modi said
that as the Chair of BRICS, "'Building Responsive, Inclusive and
Collective Solutions' is the theme we have chosen which mirrors
central priorities at G20 Summit".
The Diplomacy Emperor Prime Minister Narendra Modi said
that: "We've taken BRICS out of capitals to involve people from
all walks of life. It will be an opportunity to deepen our ties and
with BIMSTEC (Bay of Bengal Initiative for Multi Sectoral
Technical and Economic Cooperation) countries.

MODI AT G20 SUMMIT:
The Diplomacy Emperor Prime Minister Narendra Modi on 4
September 2016 at the G20 Summit, praised U.S. President
Barack Obama for his leadership of the G20 and asserted that the
grouping in the future would succeed if it pursued a “collective,
coordinated and target oriented” approach.
The Diplomacy Emperor Prime Minister Narendra Modi in his
intervention during the first session of the G20, said that all
members of the grouping faced a common set of opportunities
and challenges.
The Diplomacy Emperor Prime Minister Narendra Modi said
that: “To benefit all, G20 would need to act decisively. This will
also require strong network of partnerships”.
The Diplomacy Emperor Prime Minister Narendra Modi stressed
that “connected machines, digital revolution and new technology
was laying the foundation for the next generation of global
growth”.
The Diplomacy Emperor Prime Minister Narendra Modi
highlighted that India aimed to improve its financial system,
boost domestic production, enhance infrastructure investment
and create a pool of human capital in the country.

Kashi · Post by **Kashi** » 05 Sep 2016 07:48

^^ Why has the author gone for an overdose of the phrase "The Diplomacy Emperor Prime Minister Narendra Modi" in every para?

ramana · Post by **ramana** » 09 Sep 2016 00:59

He is a crazy guy. Ignore is hyperbole and sift the nuggets from the chaff.

Brazil's Dilma Rousseff was the first target. Brazil was vulnerable to oil price downturn.

I think US next target via "Corruption Astra" is South Africa's Jacob Zuma.*

NPR is broadcasting daily reports of corruption from South Africa.
What is interesting is the opposition leader, mayor of Johannesburg is a former Catholic converted to Evangelical Xianty!
So that's the new fault line being prepared by all those US missionaries across the globe. No wonder John Kerry protests US Conversion NGOS being delisted by Indian govt.

*Third target was really Zero target that backfired.

Putin in Ukraine. He took over Crimea.

Rahul M · Post by **Rahul M** » 09 Sep 2016 01:02

let's not forget madam klingon's VP choice as far the missionary position goes !

habal · Post by **habal** » 20 Sep 2016 11:12

an article by Pepe Escobar
What is brics member India really up to ?
http://thesaker.is/what-is-brics-member ... lly-up-to/

A_Gupta · Post by **A_Gupta** » 29 Sep 2016 17:55

http://www.sify.com/news/india-invites- ... ahejh.html

India has invited the leaders of the seven-member Bimstec regional grouping, which includes immediate neighbours Bangladesh, Sri Lanka, Bhutan and Nepal, to the eighth BRICS Summit in Goa in October.

Read more at: http://www.sify.com/news/india-invites- ... ahejh.html

Austin · Post by **Austin** » 15 Oct 2016 10:51

BRICS nations should trade more in each other’s currency, says India

India has called for greater intra-BRICS trade in each other’s currency for protection from fluctuations causing losses, even as the five major emerging economies agreed to set up a joint ‘single window clearance mechanism’ for ease of doing business and cooperate in matters including e-commerce and Intellectual Property Rights.

Speaking on Thursday at the launch of the first BRICS Trade Fair, India’s Vice President M. Hamid Ansari said: “We (BRICS countries — Brazil, Russia, India, China and South Africa) need to increase our trade in each other’s currency to further pluralise trading currencies and lessen the use of a single dominant currency.”

“Transition to trade in national currencies will reduce the risk volatility and protect us from adverse fluctuations, which often cause huge economic and trade losses,” he added.

Ansari said BRICS would need to push services trade liberalisation, including through measures for easier movement of people for commercial activity. “The proposal for a BRICS Visa on a long-term basis for genuine travellers is one such effort aimed at stimulating greater economic activity by enhanced mobility of our entrepreneurs,” he said.

BRICS account for 43 per cent of the world’s population, 15 per cent of global trade and 20 per cent of the world’s investment flows. However, intra-BRICS trade in 2014 was just $297 billion — less than five per cent of the $6.5 trillion worth trade that the five countries had with the world that year.

Besides creation of a business-friendly environment for investors and entrepreneurs, BRICS nations should support value-added trade to transform from raw material providers into key players in the global economy, Ansari said.

The BRICS trade ministers’ communiqué took note of volatility in the equity and currency markets, strains on the banking sector, depressed global demand as well as low commodity and oil prices. They agreed to enhance cooperation on preserving policy space to promote industrialisation.

They decided to address the impediments faced by small and medium firms, and agreed on a mechanism to resolve non-tariff measures. Besides, they decided to promote a better understanding of each other’s quality standards. A BRICS single window would help boost trade and investment through easier clearances, they said.

Indian commerce minister Nirmala Sitharaman said BRICS nations can play a positive role in strengthening multilateral institutions including the IMF, United Nations and World Trade Organisation. She also stressed on the need for rolling back protectionist measures to boost global trade. Sitharaman said the BRICS Bank should come up with ideas to finance projects in BRICS nations and consider extending support to BIMSTEC nations as well.

Earlier, in a bilateral meeting, India and Brazil looked into a proposal to strengthen the India-MERCOSUR (a trading bloc and customs union of Latin American nations including Brazil) Preferential Trade Agreement by expanding the coverage of items from 450 to 2500. India also asked Brazil to host India-Latin American Conclaves in Brazil to boost trade and investment ties. In another bilateral meeting, China agreed to look into India’s demand for greater market access for rice and pharmaceuticals as well IT services in China.

Austin · Post by **Austin** » 15 Oct 2016 10:53

BRICS should agree for free trade area: Chinese media

"Observers have focused their eyes on New Delhi and have one question in mind: How much courage will it take for the trade ministers from BRICS countries gathering there on Thursday for the summit meeting to promote greater cooperation?" an article in the state-run Global Times said.

"It seems China is willing to open up its domestic markets to the other four member countries, but they haven't yet made quite the same commitment," it said.

Austin · Post by **Austin** » 15 Oct 2016 10:54

BRICS failed to challenge imperialism: Medha Patkar

http://www.thehindu.com/news/national/o ... 218498.ece

Austin · Post by **Austin** » 15 Oct 2016 10:55

At Goa, India Will Try To Rally BRICS Against Terror, Pakistan: 10 Points

The gathering of leaders from Brazil, Russia, India, China and South Africa (BRICS) gives PM Narendra Modi an opportunity to highlight the threat from Pakistani terrorists, who, last month, attacked an army camp in Uri in Kashmir. 19 soldiers were killed. New Delhi's response included a strategy to diplomatically isolate Islamabad and surgical strikes across the Line of Control.

PM Modi, who arrived in Goa last night, said he was optimistic that the BRICS "will advance common agenda for peace, stability". He will hold two key meetings today. With Russian President Vladimir Putin his talks will include the signing of a number of agreements including on defence and the Kudankulam nuclear project. Later he will meet with Chinese President Xi Jinping.

National Security Adviser Ajit Doval and top Indian diplomats will push for a consensus on a strongly worded "counterterrorism" statement and a declaration that will highlight "isolating countries that provide shelter to terror groups and help in arming these groups".
Sources say China is open to a strong statement however President Jinping is unlikely to have much interest in casting Beijing's alliance with Pakistan into doubt.

But what does concern China is how the terrorism within Pakistan threatens its plans to build a $46 billion trade corridor that runs through Pakistan to the Arabian Sea.

After the Uri attack, India quickly won expressions of support from the West and from Russia.

The Goa gathering of BRICS will also feature an outreach session to countries from the Bay of Bengal region that could emerge as an alternative focus of regional cooperation.

China has also yet to yield on blocking India's long-held ambition of joining the Nuclear Suppliers Group, a club of nuclear-trading nations, and experts say Delhi is unlikely to make much progress in Goa on managing a breakthrough.

Adding to the tension with Delhi, China has rebuffed India's calls for the United Nations to designate Masood Azhar, leader of the terror group Jaish-e-Mohammed group, as a terrorist. China recently extended a so-called "technical hold" on the designation by a further three months.

BRICS was formed in 2011 with the aim of using its growing economic and political influence to challenge Western hegemony. The nations, with a joint estimated GDP of $16 trillion, set up their own bank in parallel to the Washington-based International Monetary Fund and World Bank and hold summits rivalling the G7 forum.

Austin · Post by **Austin** » 15 Oct 2016 22:42

https://twitter.com/MEAIndia/status/787332262974984193

A unique kickoff for the @BRICS2016 Summit! The leaders pose with the captains of the U-17 football teams from the BRICS nations

https://twitter.com/narendramodi/status ... 7915683840

With the BRICS family

Austin · Post by **Austin** » 15 Oct 2016 22:42

https://twitter.com/BRICS2016/status/787156626956582913

Olà Brazil! Brazilian President Michel Temer arrives in Goa for #BRICS2016

Austin · Post by **Austin** » 15 Oct 2016 22:44

https://twitter.com/BRICS2016/status/787158116228034560

A hearty welcome! South African President Jacob Zuma reaches Goa for the 8th #BRICS Summit

Rahul M · Post by **Rahul M** » 16 Oct 2016 01:23

Yagnasri · Post by **Yagnasri** » 16 Oct 2016 11:34

Austin wrote:BRICS failed to challenge imperialism: Medha Patkar

http://www.thehindu.com/news/national/o ... 218498.ece

Funny. Still same old leftist arguments and deliberate ignorance of Chinese imperialism.

svinayak · Post by **svinayak** » 16 Oct 2016 12:39

Austin wrote:BRICS failed to challenge imperialism: Medha Patkar

http://www.thehindu.com/news/national/o ... 218498.ece

False logic
BRICS was never setup for such things.

BRIC is the ending stage of the super power system
It will result in multipolar system

Austin · Post by **Austin** » 17 Oct 2016 08:27

Putin holds press conference on the sidelines of BRICS summit - ENGLISH

Austin · Post by **Austin** » 17 Oct 2016 08:30

PM Modi at BRICS Business Council Meeting (BRICS Summit 2016, Goa)

Austin · Post by **Austin** » 17 Oct 2016 08:31

PM Modi at BRICS-BIMSTEC Outreach Summit in Goa, India

Austin · Post by **Austin** » 17 Oct 2016 17:18

In Modi Jacket aka MODI-FIED !

ramana · Post by **ramana** » 18 Oct 2016 05:58

Now that BRICS summit is over can some one write the salient points please?
Thanks,
ramana

ramana · Post by **ramana** » 18 Oct 2016 06:34

CNBC before the summit:
http://www.cnbc.com/2016/10/15/brics-su ... enges.html

Gives good break down of each member country, size, challenges etc.

ramana · Post by **ramana** » 18 Oct 2016 06:36

Wiki on the 8th BRICS summit:

https://en.wikipedia.org/wiki/8th_BRICS_summit

Bheeshma · Post by **Bheeshma** » 18 Oct 2016 07:01

Austin wrote:In Modi Jacket aka MODI-FIED !

The color coding is perfect. Blue is friend red is enemy forces.

arshyam · Post by **arshyam** » 18 Oct 2016 21:43

I think it's per their (Putin and Xi) respective national flags...

Bheeshma · Post by **Bheeshma** » 18 Oct 2016 21:57

No it isn't. Russian flag is red white and blue and Brazil's flag is green and yellow.

NRao · Post by **NRao** » 18 Oct 2016 22:26

Russia mum on Pak terror, India stung

While Russia itself has been the clear winner in terms of BRICS' focus on security-related issues, China continues to call the shots on financial issues, leading to questions about the utility of BRICS for India. "China uses BRICS to advance its economic and political interests, including dominating the two financial mechanisms that the grouping has set up. But what do es India get from Brics?" Chellaney said.

Dipanker · Post by **Dipanker** » 19 Oct 2016 00:45

BRICS covers ground on terror, but outcome may have fallen short of Modi’s hope

The Goa Declaration, adopted at the end of the summit in Goa on Sunday, mentioned terrorism 24 times and was more elaborate than past declarations in addressing specific aspects of terrorism. But New Delhi’s effort to nail Pakistan and terror groups based in the neighbouring country with a mention of “cross-border terrorism” failed to secure a consensus.

Dipanker · Post by **Dipanker** » 19 Oct 2016 00:50

Has BRICS been reduced to a talking shop?
- Brahma Chellaney

On paper, the five BRICS countries look like a powerful grouping. Together they represent more than a quarter of the earth’s landmass, over 42% of the global population, almost 25% of the world’s GDP, and nearly half of the global foreign exchange and gold reserves. In reality, though, BRICS is struggling to define a common identity and build institutionalised cooperation among its members. Their Goa summit underscored inherent challenges, including building effective unity.

Dipanker · Post by **Dipanker** » 19 Oct 2016 00:56

Bilateral Buoyancy
- Goa was a predictable photo-op, the real deal was the trade and aid partnerships. - C. Uday Bhaskar

If major summits are to be assessed by their tangible outcomes, it may be averred that at Goa, the texture and content of the bilaterals overwhelmed the more modest achievements of the BRICS summit.

ramana · Post by **ramana** » 19 Oct 2016 01:03

NRao and Dipanker, Those articles are blow to Modi type articles.

Firstpost Karan Pradhan had an article to show the past four BRICS summits had general refs to terrorism.

Chellaney thinks he is a strategic thinker and wont know if it hits him on the head.
While EU is collapsing, BRICS with BIMISTEC and Merksur are redefining economic zones.
Those guys need to get rid of colored/jaundiced glasses and share the optimism.

Cdre. CUB as usual has the big picture.