BRICS Summit begins tomorrow: China-India bilateral ties may overshadow India's agenda at meet

Agencies
September 3, 2017

Sept 3: The three-day BRICS summit is set to begin on Sunday in China's southwestern city of Xiamen where Prime Minister Narendra Modi and Chinese president Xi Jinping are likely to meet on the sidelines.

Although economic, security and other multilateral issues will figure in the annual meet of the five-member grouping, a probable one-on-one between Modi and Xi will be a focal point, especially after the protracted military standoff along the trijunction point in Doka La.

Their last bilateral meet was during the Shanghai Cooperation Organisation meet at Astana in June. They met informally at G20 in Germany the following month amid the border crisis.

What to expect at BRICS summit

Modi will arrive in China on 3 September and attend the BRICS restricted session and its plenary session on 4 September, External Affairs spokesperson Raveesh Kumar said.

He said the restricted session is expected to discuss the global economic situation, international economic governance, national security and development and international and regional issues.

Kumar said the plenary session will discuss the practical cooperation for common development, people-to-people exchanges, cultural cooperation and institution building. In the evening, the BRICS leaders will attend a cultural festival and an exhibition, followed by a meeting with the BRICS business council.

He said later four documents are expected to be signed at the summit — BRICS action agenda for economic and trade development, BRICS action agenda on innovative development, strategic framework for BRICS custom cooperation and MOU between BRICS business council and New Development Bank.

On the fourth evening, the BRICS leaders will be joined by leaders of the five guest countries for a welcome. The guest countries are Thailand, Mexico, Guinea, Egypt and Tajikistan.

On 5 September, there will be BRICS emerging markets-developing countries dialogue, which the spokesperson said is an opportunity for BRICS member countries to exchange views with the developing world and build broader partnership for development.

Issues like counter-terrorism and the global financial crisis will also come for up discussion.

The proposed BRICS rating agency will be one of the key issues at the 9th meet of the grouping, which will be chaired by Xi.

Kumar said the Prime Minister will leave for Myanmar on 5 September afternoon on the second leg of his visit.

China-India bilateral ties may overshadow India's agenda at the summit

Experts opined that the recent face off may make for a soft spot in India-China relationship, prompting New Delhi to divert much of its attention in improving ties with China.

"Since the (Doklam) dispute has been resolved, the Xiamen meeting (bilateral meet between Modi and Xi) will be a turning point," Wang Dehua, an expert at one of China's top think tanks the Chinese Academy of Social Sciences said.

Wang, who was one of the Chinese experts threatening India with war during the standoff at Doklam, said "there was no reason for India and China to be hostile to each other".

"I always advocate 'Chindia' which is integration of China and India. I think it is a turning point. If we work together, the world will listen to us," Wang said.

The troops of India and China were locked in an over two-month standoff over stopping construction of a Chinese road by the Indian Army in Doklam, at the tri-junction of India, China and Bhutan.

The dispute, which had begun to threaten the success of the BRICS summit, was resolved on Monday.

"It's good news that Modi is coming, but the reasons causing such kind of stand-offs increase strategic mistrust," Hu Shisheng, director of the Institute of South and Southeast Asia and Oceania Studies at the China Institute of Contemporary International Relations said.

Asked about the issues he expects that will figure in the meet, Hu said: They (Modi and Xi) should give a kind of signal that this standoff does not happen again."

When questioned what if Modi raises India's concerns over terrorism emanating from Pakistan, Hu said: "This is the time of recovery. They will meet in the general way to discuss bilateral issues."

"It will take some time to recover from the damage," he said referring to the face-off.

Besides this, the symbolism of the BRICS summit is far too important for China as well to allow hostilities with India take over the narrative. Beijing too an be expected to cut down on rhetoric and allow room for normalisation of ties. A report in the media states that the city of Xiamen, where the stage is set to host the summit, is a manifestation of sorts, for Xi's achievements in domestic politics. "Experts on China, India ties point out that Xi takes a lot of pride in his stint in Xiamen — a city he personally took interest in transforming as vice mayor since as early as in 1985 — which is not very common for his otherwise reticent personality, the report added.

India unlikely to bring up Pakistan issue at BRICS summit

Improving ties after the recent face off is work in progress, however, any improvement in the situation would need constant trust building efforts as the memory from Doka La standoff is still raw.

In such a situation, it is unlikely that India will place undue emphasis on Pakistan at the multi-lateral summit as it remains one of the thorny issues between India and China. Even though, India dismissed the Chinese view that it should not raise concerns over Pakistan's links with cross-border terrorism at the BRICS, it is unlikely that Modi would take it up explicitly at the summit to make matters worse with China.

"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," Modi said.

Beijing too has ruled out discussion on India's concerns over terrorism emanating from Pakistan at the summit.

Beijing's Belt and Road project, whose key artery the China-Pakistan Economic Corridor passes through a disputed Kashmir area claimed by India, is another sore point between the two nations.

The five-member bloc of Brazil, Russia, India, China and South Africa was formed in 2006. They comprise 42 percent of the world's population, have 23 percent of global GDP and 17 percent share in world trade. The theme of the ninth BRICS summit is `Stronger Partnership for a Brighter Future'.

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News Network
May 6,2020

Singapore, May 6: Oil prices slipped back Wednesday after two days of gains, although Brent crude remained above $30 a barrel, as renewed US-China tensions offset optimism about the easing of coronavirus lockdowns.

Brent, the international benchmark, fell 1.1 per cent to $30.63 a barrel in early Asian trade. On Tuesday, the contract surged 14 per cent and rose above $30 for the first time since mid-April.

US marker West Texas Intermediate slipped 1.9 per cent and was changing hands for $24.13 a barrel.

Oil markets have been battered as the virus strangled demand due to business closures and travel restrictions, with US crude falling into negative territory last month for the first time.

They started rallying strongly this week as countries from Europe to Asia ease curbs and economies start shuddering back to life.

But gains were capped Wednesday as dealers follow a brewing US-China row after Donald Trump hit out at Beijing over its handling of the outbreak, saying it began in a Wuhan lab, but so far offering no evidence.

"Traders are incredibly cautious this morning, weighing all the possible China responses," said Stephen Innes, chief global market strategist at AxiCorp.

"And the one that would hurt the most would be for China to reduce imports of US oil."

This week's rally was in part driven by a deal agreed between top producers to reduce output by almost 10 million barrels a day, which came into effect on May 1.

There have also been signs that the massive oversupply in the market is starting to ease as demand slowly comes back.

Energy data provider Genscape said earlier this week that stockpiles at the main US oil depot in Cushing, Oklahoma had increased by only 1.8 million barrels last week following weeks of major rises.

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June 25,2020

Islamabad, Jun 25: The coronavirus cases in Pakistan crossed the 192,000-mark after 4,044 new Covid-19 infections were detected in the last 24 hours, the health ministry said on Thursday.

According to the Ministry of National Health Services, 148 more people died due to the deadly virus in the country, taking the death toll to 3,903.

With the detection of 4,044 new cases in the last 24 hours, the coronavirus tally in the country now stands at 192,970, it said.

Sindh reported a maximum number of 74,070 infections, followed by 71,191 in Punjab, 23,887 in Khyber-Pakhtunkhwa, 11,710 in Islamabad, 9,817 in Balochistan, 1,365 in Gilgit-Baltistan and 930 in Pakistan-occupied Kashmir.

A total of 81,307 patients have recovered so far from the disease.

Health authorities have so far conducted 1,171,976 coronavirus tests, including 21,835 in the last 24 hours.

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News Network
February 27,2020

Washington, Feb 27: President Donald Trump has said that the US' relationship with India is "extraordinary" right now and a lot of progress was made in bilateral ties during his maiden official visit to the country where America will be doing a lot of business.

Talking to reporters, after his return from India on Wednesday, Trump said, "He (Prime Minister Narendra Modi) is a great gentleman, a great leader. It's an incredible country."

President Trump visited India from February 24 to 25. He was accompanied by first lady Melania Trump, daughter Ivanka Trump, son-in-law Jared Kushner and the top brass of his administration, including national security advisor Robert O'Brien.

They visited Ahmedabad, Agra and New Delhi before leaving for Washington on Tuesday.

During his stay, he addressed a massive rally in Ahmedabad, visited Agra and held official meetings in New Delhi.

The US President was feted at the world's largest cricket stadium in the "Namaste Trump" event in Ahmedabad and was cheered by tens of thousands of people.

"We were treated very, very well and we really enjoyed it. A lot of tremendous progress was made in terms of relationship - our relationship with India is extraordinary right now," he said.

"We are going to be doing a lot of business with India, they are sending billions and billions of dollars now to the United States," Trump said in response to a question.

In a tweet, his daughter Ivanka said that, Trump announced that US international development finance corporation "will establish a permanent presence in India to strengthen our economic ties, improve development plus further women's economic empowerment through WGDP (Women's Global Development and Prosperity Initiative)!"

On her arrival from India, she thanked PM Modi for "your warm hospitality as we visited your beautiful country and celebrated the strength, spirit and unity of the US and India!"

"Throughout our visit we saw monumental achievements of human creativity and proof of the infinite capacity of the human heart!" she said.

The first lady tweeted two pictures of her with Trump facing the Taj Mahal in Agra.

"One of the Seven Wonders of the World, the breathtaking Taj Mahal!" she said.

President Trump "reaffirmed the strong strategic partnership, vibrant economic ties and expanding security relationship between our two countries. Wonderful trip, but glad to be home! Thank you India!" said White House press secretary Stephanie Grisham.

During the visit, India and the US on Tuesday finalised defence deals worth $3 billion under which 30 military helicopters will be procured from two American defence majors for Indian armed forces.

The deals will include procurement of 24 MH-60 Romeo helicopters by India from the US at a cost of $2.6 billion. Another contract to acquire six AH-64E Apache helicopters for $800 million from the US is also on the table.

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