President Trump has repeatedly said that BRICS nations must maintain the US dollar's role in global trade or face economic consequences.
Prime Minister Narendra Modi and Iranian President Masoud Pezeshkian on Tuesday held bilateral discussions on the sidelines of the BRICS Summit in the Russian city of Kazan.
Prime Minister Narendra Modi on Tuesday departed for his two-day visit to Russia to attend the BRICS Summit in Kazan.
Prime Minister Modi signalled India’s willingness to engage with China when during an interview with Newsweek in April this year he mentioned that ‘stable and peaceful relations between India and China are important for not just our two countries but the entire region and world.
Amid proactive diplomacy by India to bring Russia and Ukraine to the negotiating table, National Security Advisor (NSA) Ajit Doval met his Russian counterpart Sergei Shoigu on the sidelines of the BRICS NSAs meeting in St Petersburg.
The dollar that has ruled the world at least since the end of World War II is now facing mutinies because of the US power to unilaterally impose sanctions and influence financial policies, as well as ideology and the rise of China as an international economic powerhouse.
India will have to navigate its way through the summits to ensure that statements emerging at the end are balanced. While the G20 is dominated by the West, the SCO comprises landlocked Central Asian nations as also South Asia. For G20 members, Ukraine is close to home and hence a matter of concern.
Jaishankar appreciated the Chief Managing Director of the infrastructure company Rail India Technical and Economic Service (RITES), Rahul Mithal for joining along on the journey.
South Africa is Chairing BRICS under the theme: "BRICS and Africa: Partnership for Mutually Accelerated Growth, Sustainable Development, and Inclusive Multilateralism," added the release.
The highlights of Jaishankar's meetings particularly with developing countries from Asia, Africa, Latin America, the Caribbean and Small Islands are sharply focused on the reform of the UN Security Council.
