BRICS nations pledge trade unity
The heads of the BRICS group — Brazil, Russia, India, China and South Africa — met in Johannesburg for an annual summit dominated by the risk of a US-led trade war.
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BRICS
BRICS leaders ‘strongly deplore’ North Korea nuclear blast
XIAMEN, CHINA: Leaders of the BRICS grouping of emerging economies said on Monday they "strongly deplore" North Korea's latest nuclear test and hydrogen-bomb claim, which has overshadowed the five-nation group's annual summit.
Their joint statement from the summit in the Chinese city of Xiamen added to world condemnation of North Korea, which announced Sunday it had detonated a powerful hydrogen bomb that it claims can fit on a long-range missile.
"We strongly deplore the nuclear test conducted by the DPRK," BRICS…
‘Attitude problem’ forced India to miss opportunities to normalise ties: Pakistan
ISLAMABAD: Foreign Office Spokesperson Nafees Zakaria said India missed several opportunities for normalising relations with Pakistan due to its negative attitude manifested in the recent South Asian Association for Regional Cooperation (SAARC), BRICS (Brazil, Russia, India, South Africa) and the Heart of Asia conferences.
In an interview with the state radio, he maintained that the neighbouring countries would not be able to break the ice unless and until India brings about a shift in its attitude and stop the…
Aziz says India got no moral ground to talk about counter-terrorism
ISLAMABAD: Adviser to Prime Minister on Foreign Affairs Sartaj Aziz said India has no moral ground to even talk about counter-terrorism efforts let alone accusing others as terror financing by India on Pakistani soil was proven unquestionably.
“Pakistan is a victim of Indian interference and subversive activities, which are aimed at destabilising Pakistan,” Aziz said in reply to to Indian Prime Minister Narendra Modi’s allegations at BIRCS against Pakistan.
“Mr Modi is misleading his BRICS and BIMSTEC colleagues. The…
India, Russia agree missile sales, joint venture for helicopters
GOA, INDIA: India and Russia on Saturday announced plans to set up a joint venture to build helicopters in India, which will also buy surface-to-air missile systems from its former Cold War ally, as the two tighten their military relationship.
The pacts were signed after summit talks between Russian President Vladimir Putin and Indian Prime Minister Narendra Modi in India's western resort state of Goa, where leaders from the BRICS group of emerging nations are meeting.
Indian military officials have said the plan is for…
China flatly refuses to budge on India’s bid to join NSG
BEIJING: China has once again denied changing its stance regarding India on its bid to become a fully-fledged member of the Nuclear Suppliers Group (NSG), ahead of the President Xi Jinping's visit to India for a summit.
As Xi is due to arrive in Goa on Saturday to take part in the BRICS (a group of emerging nations: Brazil, Russia, India, China and South Africa) summit.
A spokesperson for the Chinese Foreign Ministry Geng Shuang said the relations between India and China made headway despite some "disputes" but there was…
Modi, Putin set to sign energy deals ahead of BRICS
BENAULIM: Russian President Vladimir Putin and Indian Prime Minister Narendra Modi are set to seal energy and defence deals on Saturday that officials say are signs of a deepening partnership between the nations.
Putin will hold talks with Modi after arriving in the Indian tourism state of Goa for a BRICS summit also involving the heads of leading emerging nations Brazil, China and South Africa.
Among the agreements expected to be signed between the two leaders are Moscow's delivery of its most advanced anti-aircraft…
Pak-India tensions seen dominating Delhi’s BRICS summit
NEW DELHI: India will take its drive to isolate Pakistan and rally the international community against cross-border militancy to a summit of emerging market powers this weekend, when it hosts BRICS nations in the western state of Goa.
For Prime Minister Narendra Modi, the gathering of leaders from Brazil, Russia, India, China and South Africa offers an opportunity to highlight the threat he sees to Indian security from recent frontier clashes with Pakistan.
But across the summit table at a resort hotel, Chinese President…
Private Indian banker named first BRICS bank head
NEW DELHI: Indian private banker K.V Kamath was named Monday as the first head of a new development bank being set up by the so-called emerging BRICS nations, officials said.
Pakistan’s GDP to grow by 5.7 percent this year
KARACHI: Pakistan's gross domestic product is expected to grow by 5.7 per cent in 2015, according to a report in the prestigious magazine The Economist.