The members resolved to foster a global economic governance architecture that is more effective and reflective of current global economic landscape
Asserting that it is for the first time that BRICS has taken a collective position on strengthening and reforming multilateral systems, Prime Minister Narendra Modi said, "We have to ensure that BRICS is more productive in the next 15 years".
In August, the top BRICS leaders at the grouping's summit in Johannesburg approved a proposal to admit six countries, including Argentina, into the bloc with effect from January 1.
China has made serious inroads into Latin America, which the US may now be hinting is simply not ok: Stay in your lane, Xi! In simple terms, China will no longer have access to Venezuelan oil, points out Rajeev Srinivasan.
China continues to hold out on fingering Pakistan as the 'mothership of terror,' declaring Masood Azhar a terrorist at the UN, and India's membership of the NSG, says China expert Srikanth Kondapalli.
Johnson also reiterated his plan to visit India ahead of the G7 summit, after a scheduled visit for Republic Day this month was called off due to the coronavirus crisis.
"We are committed to building a new India. We have to do this as early as possible," he said.
'There is no Buddha or Gandhi among countries, existing for the service of others; they all exist for the good of themselves.' 'For each country, its own interests should be paramount, and it is futile and churlish to expect China to be an exception to this rule,' says B S Raghavan, the distinguished civil servant and long-time China-watcher.
The India that needs strategic alliances, defence cooperation and engaging meaningfully with neighbouring countries is quietly moving ahead with confidence, says Tarun Vijay
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