The opening ceremony was held in China's financial capital.
The BRICS summit made clear that China's support for Pakistan is unwavering. China will continue to pressure India to ease tensions with Pakistan and resolve the Kashmir dispute.
"For instance, you generally buy your military gear from Russia. That's a way to kind of get under the skin of America, if you go to buy your armaments from Russia."
'Happily,' says Ambassador B S Prakash, 'BRICS displayed new-found energy and built something real, a bank. Between needless nihilism and as yet unjustified euphoria, there are many stations for the BRICS train and we can watch its progress with renewed interest.'
'We need to be very vigilant as we are passing through some fraught times.'
The BRICS Summit tonight decided to establish the new development bank with an initial authorised capital of $100 billion.
Prime Minister Manmohan Singh on Friday left for Kazakhstan, completing his three-day stay in Sanya during which he attended the BRICS Summit and held bilateral talks with the presidents of China, Brazil, Russia and South Africa.
External Affairs Minister S Jaishankar on Saturday credited the breakthrough agreement with China on patrolling along the Line of Actual Control to the military which worked in 'very very unimaginable' conditions and deft diplomacy.
In the talks, China emphasised that the two sides should proceed from the fundamental interests of China, India and adhere to the strategic height and long-term perspective of China-India relations, the readout said.
A broad consensus has been achieved by India and China on restoring the 'ground situation' along the Line of Actual Control (LAC) pursuant to talks, including for patrolling and grazing cattle in the traditional areas, Defence Minister Rajnath Singh said on Thursday.
'Disengagement is merely the first step in a lengthy process of arriving at a new normal along the LAC in Eastern Ladakh and the entire land boundary.' 'The Indian government should insist on the restoration of the status quo ante in Eastern Ladakh.'
India and China have agreed to work towards a "roadmap" for rebuilding mutual trust following the border standoff in eastern Ladakh, according to a statement from the Indian Defence Ministry. Defence Minister Rajnath Singh met with his Chinese counterpart Dong Jun in Vientiane, Laos, on the sidelines of a regional security conclave. Singh called for drawing lessons from the "unfortunate border clashes" of 2020 and emphasized the need for cooperation rather than conflict. Both sides agreed to work towards a roadmap for rebuilding mutual trust and understanding, and a meeting of the Special Representatives and Secretary-Vice Minister mechanism will also take place soon.
Prime Minister Narendra Modi conveyed to Chinese President Xi Jinping India's concerns on the "unresolved" issues along Line of Actual Control (LAC) in eastern Ladakh during a conversation on the sidelines of the BRICS summit, Foreign Secretary Vinay Mohan Kwatra said on Thursday.
Kv Kamath has big plans as BRICS Bank chief.
Modi emphasised that it was necessary to work together for sustained global economic recovery.
National Security Advisor Ajit Doval held a meeting with top Chinese diplomat Wang Yi during which he emphasised the need for continuing efforts to restore peace and tranquillity in the border areas to remove the 'impediments' to normalcy in bilateral relations.
India and China have agreed to take measures to further ease the situation at the borders while continuing to implement the October agreement to resolve the standoff in eastern Ladakh comprehensively. The two sides held the 32nd meeting of the Working Mechanism for Consultation & Coordination on China-India Border Affairs (WMCC) in New Delhi, agreeing to maintain communication through diplomatic and military channels and safeguard sustainable peace and stability in the border areas. This meeting follows the October 21 agreement between the two countries to resolve the over four-year-long military standoff in eastern Ladakh.
China does not have to give up what it took in 2020, it will never give up its claim to Arunachal Pradesh, Ladakh and other areas, and it has all the time now to plan its next surprise, points out Lieutenant General Prakash Katoch (retd).
India has not yet received any confirmation on Chinese President Xi Jinping's in-person participation at the upcoming G20 summit, people familiar with the matter said on Thursday amid reports that he is likely skip the conclave.
'New Delhi is not naive about its foreign policy choices.'
United States President-elect Donald Trump on Saturday warned BRICS countries against any move to replace the US dollar and has sought a commitment from the nine-member group that includes India, Russia, China, and Brazil.
The territory of Afghanistan must not be used to carry out terror attacks against other countries, the five-nation influential grouping BRICS said on Thursday and strongly called for combating terrorism in all its forms and manifestations, including the cross-border movement of terrorists.
Chinese ambassador to India, Xu Feihong, on Wednesday expressed hope that the recently completed Indo-China border disengagement in Eastern Ladakh would smoothen relations and pave the way for a better understanding between the two neighbours in the days ahead.
Disengagement of Indian and Chinese troops has started at two friction points in Demchok and Depsang Plains in the Eastern Ladakh sector, defence officials said.
Earlier, Prime Minister Narendra Modi had extended an invitation to United States President Donald Trump, but he had expressed his inability citing "scheduling conflicts".
Army Chief General Upendra Dwivedi Monday said there is still a 'degree' of standoff between the Indian and Chinese militaries along the Line of Actual Control in eastern Ladakh and both sides need to sit down and firm up a broader understanding on how to calm down the situation.
Following the disengagement, both sides will soon start the coordinated patrolling in their respective areas, sources added.
If the US' renewed closeness with Pakistan ends up strengthening Pakistan's military, it will clearly show that Washington no longer wants a strong India and could be ready to let China dominate Asia, notes Colonel Anil A Athale (retd).
External Affairs Minister S Jaishankar on Saturday said the breakthrough agreement with China on patrolling along the Line of Actual Control (LAC) does not mean that issues between the two countries have been resolved, however, the disengagement allows us to look at the next step.
Russian President Vladimir Putin and President of Brazil Dilma Rousseff on Friday called Prime Minister-designate Narendra Modi to congratulate him on his landslide win in the Lok Sabha polls and said they were looking forward to meet him in the BRICS summit in July.
India's dream to be in the forefront of international politics has come true. India has placed itself firmly as a major player in the shaping of a new world order, observes Ambassador T P Sreenivasan.
Russian President Vladimir Putin is expected to travel to India next year as part of the established framework for reciprocal annual engagements between the leaders of the two nations, the Kremlin has said.
While Narendra Modi spent fewer days abroad than his predecessor -- 275 days versus Dr Singh's 306 - he has travelled more widely than any other Indian PM.
'To consider BRICS anything more than a temporary club with some common interests would be folly. The goal should be to induce others (Japan, ASEAN, South Africa) to align with us -- a non-threatening, democratic nation, rather than with malevolent China or waning America. For us to consider aligning with either China or the US would be absurd. India is just too big to be a sidekick,' says Rajeev Srinivasan.
'ISRO Chairman Dr. Somanath's leadership truly created history and we extend our hearty congratulations to him and his team,' Venugopal said on X, formerly Twitter.
'We will likely never know why Xi decided not to travel to New Delhi. One possible explanation could be his desire to avoid a meeting with US President Joe Biden.'
The talks are following up the outcome of the 19th round of Corps Commander-level talks held between the two sides on August 13-14 at the Chushul Moldo border meeting point.
India is now on the Moon and the success of the lunar mission has sounded the bugle for the emergence of a developed nation, Prime Minister Narendra Modi said on Wednesday as Chandrayaan-3 landed successfully on the lunar surface.
During the meeting on the sidelines of the 11th BRICS Summit on Wednesday, prime minister Modi said there was a "new direction and new energy" in bilateral ties after the two leaders' second informal summit in Chennai.
Modi was expected to arrive in Wuhan in the evening on April 26 and join Xi in the informal summit at a picturesque location the next day.
