PM Modi with South African President Cyril Ramaphosa, Brazilian Presient Luiz Inacio Lula da Silva, Chinese President Xi Jinping and Russia’s Foreign Minister Sergei Lavrov | pti 
Nation

India takes lead in forging consensus on adding new members to BRICS

Saudi Arabia, Iran and UAE are strategic partners of most member states and are likely to be included in the BRICS fold, it is learnt.

Yeshi Seli

NEW DELHI: India gathered support among BRICS members to arrive at a consensus for the expansion of the grouping.

“During the BRICS Leaders’ Retreat on Tuesday, India took the lead in forging a consensus on membership criteria and selection of new members. Our efforts were guided by our objective to incorporate our strategic partners as new members,” said a source familiar with the matter.

Saudi Arabia, Iran and UAE are strategic partners of most member states and are likely to be included in the BRICS fold, it is learnt.

“India fully supports the expansion of BRICS membership. And welcomes moving forward with consensus in this,” Prime Minister Narendra Modi said.

Meanwhile, before the summit, South Africa’s Deputy President Paul Mashatile had said that one of the core issues of discussions would be to reduce dependence on dollar.

“There was extensive talk on encouraging trade in national currencies. A lot of trade amongst BRICS members is being done in national currencies and this would be encouraged further,” said a source.

Meanwhile, Modi began his speech by speaking of the historic connect between India and South Africa, bringing the context of Tolstoy Farm, which was built by Mahatma Gandhi 110 years ago.

“Had a fruitful meeting with PM Modi. We congratulated India on the success of Chandrayan 3 and wished India for the upcoming G20 Summit,” said South African President Cyril Ramaphosa.

Amongst the suggestions for broadening cooperation, Modi suggested creating a BRICS Space Exploration Consortium. Meanwhile, Russian President Vladimir Putin, during his video address, said the war in Ukraine was unleashed by the West and its satellites.

“The desire of a number of Western countries to maintain their hegemony in the world led to a severe crisis in Ukraine. The actions of Russia in Ukraine are dictated by the desire to stop the war of extermination unleashed by the West,” said Putin.

Trump says US will be out of Iran 'pretty quickly' as Tehran rubbishes claims of seeking ceasefire

West Asia conflict: PM reviews supply chains, price stability, diversification for LPG and LNG in CCS meeting

Amazon's cloud computing facility in Bahrain hit in Iranian strike, reports Financial Times

Bengal elections: Voters whose names were deleted from electoral rolls after SIR, gherao judicial officers in Malda

IndiGo revises fuel charges by up to Rs 950 for domestic flights after jet fuel price hike

SCROLL FOR NEXT