This Article is From Nov 15, 2014

PM Modi Lauds Brazil President Dilma Rousseff's Leadership

PM Modi Lauds Brazil President Dilma Rousseff's Leadership

PM Modi with Brazilian President Dilma Rousseff (centre) and other world leaders ahead of G-20 Summit in Brisbane

Brisbane: Prime Minister Narendra Modi today praised Dilma Rousseff for her "visionary" leadership of the BRICS grouping and congratulated the Brazilian President on her re-election.

"I wish to join my other colleagues and congratulate President Dilma Rousseff on her re-election as the President of Brazil," Mr Modi said in his opening remarks at the BRICS Leaders' meet in Brisbane on the sidelines of the G-20 Summit.

BRICS - Brazil, Russia, India, China and South Africa - accounts for almost half the world's population and about one-fifth of global economic output.

"From Brazil to Brisbane, it has been most successful journey under your leadership. Our group will continue to benefit from your visionary leadership," he said.

Rousseff hosted today's meeting of BRICS nations, who are also members of the G-20.

Brazil also hosted the Sixth BRICS Summit in Fortazela in July. The leaders reached a landmark agreement on establishing the BRICS Development Bank and reserve currency pool.

66-year-old Rousseff, the first woman president of the world's seventh-largest economy, had a narrow margin of victory with 51.6 per cent of the vote to 48.4 per cent of business favourite Aecio Neves in the run-off election last month.

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