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BRICS Summit 2017 all promises on terrorism cyber security climate disaster management stable outlook.

THE 9THBRICS summit 2017 under China lead themed on “BRICS: stronger partnership for brighter future” held at Xiamen Fujian Province. The BRICS comprises of Brazil, Russia, India, China and South Africa. Chinese president Xi Ji Ping at meeting on very start  of 3 day summit said BRICS group of emerging economies must promote trade liberalisation and  an open world economy China as a host its latest chance to position itself as a bulwark of globalisation in face of US president Donald Trump “America First” agenda . Though BRICS leader has also joined by observer countries Thailand, Mexico, Egypt, Guinea and Tajikistan.

There was a very chance of BRICS meeting falling apart this year at forthcoming in Xiamen in China but fortunately, that disaster has been averted  and BRICS meeting started in the less tense atmosphere without the face off Doklam issue for both India and China. That  was the reason why rest of the world had great interest as India and China `were on verge of war and standoff at doklam for 73 days as these were two most populous  developing countries in the world. PM Narendra Modi suggests 10 noble commitments to be taken up by BRICS member’s leaders so that global transformation can be achieved.

PM also held meeting with Egyptian President Adel Fattah el Sisi on sidelines of Xiamen. At last day on Bilateral meeting between  Indian PM Modi and Chinese President Xi Jiping begin after which as it was scheduled PM Modi to leave for Myanmar visit.

In bilateral meet  Indian PM and  Chinese President had made clear on peace and border area must be maintained, closer communication on defence and security personnel of India and china, counter terrorism issues were discussed again between both of them.

PM Modi of India and President of Brazilian Michel Temer also held bilateral meeting and discussed a partnership based on a “common global vision”.

IT was second time the BRICS was hosted in china after 2011 summit. Four document which signed in presence of BRICS leaders .

  • Strategic Framework of BRICS Customs Cooperation.
  • BRICS Action Plan for Innovation Cooperation (2017-2020).
  • BRICS Action Agenda on Economic and Trade Cooperation.
  • MoU between BRICS Business Council and New Development Bank on Strategic Cooperation.

Features includes of Xiamen declaration

STRIVE TOWARDS BROADER PARTNERSHIP with emerging markets and developing countries and pursue equality and flexible practices and initiatives for dialogue and cooperation among non BRICS that’s Thailand , Tajikistan, Egypt, Kenya and Mexico.

BRICS LOCAL CURRENCY BOND MARKETS as member decided to promote agreeing to facilitate financial markets integration and this will also give encourage exploration towards the establishment of the BRICS Institute of Future Networks. BRICS also contributed to achieving a fair and modern tax system.

IMPORTANT NOTE: Indian tax GST its benefits and result were presented and discusses among members also Digital India, startup India and Make in India were also discussed and BRICS also member also presented their front.

R&D and innovation in ITC (information and communication technology) was agreed to enhance joint research and development and innovation in ITC everything to Cyber security includes Internet of things, cloud computing, nano technology, artificial intelligence, 5G and their innovative application.

MEMBER AGREED ON COOPERATION ON ENERGY to strengthen BRICS cooperation on energy and work to foster open flexible and transparent markets for energy commodities and technologies.

BRICS AGRICULTURE RESEARCH PLATFORM which is to be established in India will serve as virtual network facilitate cooperation in priority areas.

CALLED UPON INTERNATIONAL COMMUNITY OVER COUNTER TERRORISM COALITION  it was like called upon international issue to establish genuinely broad counter terrorism coalition and support UN’s central coordinating role in this regard.

IMPORTANT NOTE: India is primary votary of initiative and current negotiation have taken positive turn  as big win for India the joint declaration of BRICS on Monday condemned Pakistan based terror group such as Lashkar-e-Taiba and Jaish-e-Muhammed as listed terror group among BRICS 2017 which was achievement in itself. IT was also mentioned of BRICS strongly deplore the nuclear test conducted by DPRK (North Korea) express deep concern over the ongoing nuclear tension and issues on Korean Peninsula.

BRICS CALLED UPON MUTUAL COOPERATION understanding among member and friendship so development be promoted in the countries.

BRICS countries are largely distinguished their fast growing economies and their significant influence on regional and global affairs and one of important thing is they are whom to 42% of the world population total share in global economy has risen from 12% to 23%. Since few around say decade BRICS collectively contribute more than half of global growth.

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