LIVE TV
ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Jobs
  • Indian Railways
  • World
    • Economy
    • Politics
    • Markets
  • videos
  • photos
  • Authors
  • More ...
    • VIDEOS
    • PHOTOS
Read in App
Business News » India News

BRICS must uphold value of diplomacy to resolve "hotspot

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
Updated: Sun, Sep 03, 2017
09:59 pm
PTI
RELATED NEWS
Monetary Policy announcements exhibit continuity and stability - Expert Ajay Bagga tells Anil Singhvi Monetary Policy announcements exhibit continuity and stability - Expert Ajay Bagga tells Anil Singhvi
RBI Monetary Policy Review: Shaktikanta Das led panel keeps policy rates unchanged RBI Monetary Policy Review: Shaktikanta Das led panel keeps policy rates unchanged
Infosys Chairman Nandan Nilekani on India's Digital Economy I Kotak Institutional Equities highlights details Infosys Chairman Nandan Nilekani on India's Digital Economy I Kotak Institutional Equities highlights details
Digital economy to outpace GDP growth, will result in 'competitive advantage period' for leaders in digital space highlights ICICI Securities Digital economy to outpace GDP growth, will result in 'competitive advantage period' for leaders in digital space highlights ICICI Securities
#GSTMakeItEasy: Facing GST related issues? Big initiative by Zee Business - Tweet your problems now! Check all details here #GSTMakeItEasy: Facing GST related issues? Big initiative by Zee Business - Tweet your problems now! Check all details here

Chinese President Xi Jinping today underscored that the BRICS must uphold the value of diplomacy to resolve "hotspot issues" as the leaders of the grouping, including Prime Minister Narendra Modi, arrived here for the Summit, which is starting tomorrow in this port city of China.

Xi also appeared to take a reconciliatory tone when he, without directly referring to the recent Dokalam standoff with India, underlined that "peace and development" should be the underpin to resolve issues as the world does not want "conflict and confrontation."

"We the BRICS countries should show our responsibilities to uphold global peace and stability," he said.

Modi and Xi are expected to meet on Tuesday, nearly a week after the two countries announced resolution of the 73- day-long Dokalam standoff.

According to officials, the two leaders are scheduled to hold a meeting on September 5 on the sidelines of the 9th Brazil-Russia-India-China-South Africa (BRICS) Summit. After the bilateral with the host, Modi will be travelling to Myanmar on a bilateral visit.

The Chinese and the Indian troops were in a standoff position for nearly 73 days since June 16 when the Indian side stopped construction of a road by China's army.

On August 28, external affairs ministry announced that New Delhi and Beijing have decided on "expeditious disengagement" of their border troops in the disputed Dokalam area.

The sense is that India wants to put behind the Dokalam bitterness and move ahead.

Xi, while inaugurating the BRICS business council, also called on BRICS countries to take a constructive part in the process of resolving geopolitical "hotspot issues" and make due contributions.

India is also expected to raise its concerns over terrorism at the BRICS Summit, with Modi asserting that the grouping has to make important contributions in upholding peace and security, and address global challenges.

Asked about China's comments that it will not be appropriate to discuss Pakistan's counter-terrorism records at the BRICS summit at Xiamen, External Affairs Ministry Spokesperson Raveesh Kumar said he cannot pre-empt what Modi will say during his interventions at the restricted and plenary sessions of the summit.

But he asserted that India's position on terrorism has been very clear and it has been raising the issue at various multilateral forums.

"We noticed that India, when it comes to Pakistan's counter-terrorism, has some concerns. I don't think this is an appropriate topic to be discussed at BRICS summit," Chinese Foreign Ministry spokesperson Hua Chunying had said ahead of the Summit.

According to sources, India is expected to flag its concerns over terrorism.

The issue is also likely to find its place in the joint declaration with the Chinese president also saying that he was "convinced that as long as we take a holistic approach to fighting terrorism in all its forms, and address both its symptoms and root causes, terrorists will have no place to hide".

Yesterday, Modi in his departure statement had said "India attaches high importance to the role of BRICS that has begun a second decade of its partnership for progress and peace. BRICS has important contributions to make in addressing global challenges and upholding world peace and security".

The prime minister had also said he was looking forward to engaging with leaders of nine other countries, including BRICS partners, in an Emerging Markets and Developing Countries Dialogue, being hosted by Xi on September 5.

"We will also interact with the BRICS Business Council represented by captains of industry from all the five countries," he said.

Modi will hold bilateral meetings with several leaders, including Russian President Vladimir Putin and President Abdel Fattah el-Sisi of Egypt, which is among the five counties - Mexico, Guinea, Thailand and Tajikistan - invited by China as the part of BRICS outreach exercise.

Modi was also greeted by a group of Indians on his arrival at the hotel.

 

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
Economy
RELATED NEWS
Monetary Policy announcements exhibit continuity and stability - Expert Ajay Bagga tells Anil Singhvi Monetary Policy announcements exhibit continuity and stability - Expert Ajay Bagga tells Anil Singhvi
RBI Monetary Policy Review: Shaktikanta Das led panel keeps policy rates unchanged RBI Monetary Policy Review: Shaktikanta Das led panel keeps policy rates unchanged
Infosys Chairman Nandan Nilekani on India's Digital Economy I Kotak Institutional Equities highlights details Infosys Chairman Nandan Nilekani on India's Digital Economy I Kotak Institutional Equities highlights details
Digital economy to outpace GDP growth, will result in 'competitive advantage period' for leaders in digital space highlights ICICI Securities Digital economy to outpace GDP growth, will result in 'competitive advantage period' for leaders in digital space highlights ICICI Securities
#GSTMakeItEasy: Facing GST related issues? Big initiative by Zee Business - Tweet your problems now! Check all details here #GSTMakeItEasy: Facing GST related issues? Big initiative by Zee Business - Tweet your problems now! Check all details here

LATEST NEWS

Vivek, Tamil actor and comedian, passes away at 59 in Chennai hospital

GOOD NEWS! Modi Govt slashes Remdesivir MRP by half, with retro-effect—This is how much it will cost you now

Pharma exports FY 2021: Indian made generics see HUGE demand; grows by 18 percent to $24.44 bn

Stock Market Outlook: Anil Singhvi reveals Nifty, Bank Nifty support range; says global markets, Q4 results to drive street

7th Pay Commission Latest News: 'Special Allowance' extended for These Central government employees

Rajini, Kamal, Mohanlal and many others mourn Vivek's demise

Global Covid-19 caseload tops 139.6 million cases

Glenmark Pharma share price: Expert says HUGE value unlocking; reveals two BUY targets

Covid 19: Railways to fine Rs 500 for not wearing face masks in rail premises, trains

FICCI writes to 25 CMs on Covid management, urges to avoid lockdown

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
Copyright © Zee Media Corporation Ltd. All rights reserved