BRICS Summit LIVE Updates: India World's Most Open, Investment Friendly Economy: PM Modi

PM Modi met Brazilian President Jair Bolsonaro congratulated Mr Bolsonaro on being elected as the President of Brazil.

BRICS Summit LIVE Updates: India World's Most Open, Investment Friendly Economy: PM Modi

Prime Minister Narendra Modi arrived in Brazil on Wednesday

New Delhi:

Prime Minister Narendra Modi reached the Brazilian capital city to participate in the BRICS Summit on Wednesday and met Brazilian President Jair Bolsonaro and discussed ways to strengthen bilateral ties. He tweeted about his meet with various world leaders and said he was hopeful that the summit "will enhance the economic and cultural linkages between the member nations". This is PM Modi's 6th year at the BRICS Summit.

BRICS is the acronym coined for an association of five major emerging national economies -- Brazil, Russia, India, China and South Africa. This year's event is being held under the theme BRICS: Economic Growth for an Innovative Future.

Here are the LIVE Updates from the BRICS Summit:

Nov 14, 2019 07:25 (IST)
I invite the business of BRICS countries to build and grow their presence in India: PM Modi
Noting that India has "limitless" possibilities and "countless" opportunities, the prime minister urged the BRICS business leaders to take advantage of them.
Nov 14, 2019 03:10 (IST)
BRICS nations contribute 50% in the economic development of the world: PM Modi
Nov 14, 2019 02:01 (IST)
PM Modi on meeting Chinese President
Nov 14, 2019 01:54 (IST)
"I am glad to meet you once again": Prime Minister Modi told President Xi
Nov 14, 2019 01:47 (IST)
Prime Minister Narendra Modi met Chinese President Xi Jinping
Prime Minister Narendra Modi on Wednesday met Chinese President Xi Jinping and said there has been a "new direction and new energy" in bilateral ties after their second informal summit in Chennai as the two leaders discussed ways to further strengthen India-China relations, including on the trade front.
Nov 14, 2019 01:14 (IST)
Brazilian Prez Bolsonaro To Be Chief Guest At Republic Day Next Year
Brazilian President Jair Bolsonaro on Wednesday accepted Prime Minister Narendra Modi's invitation to be the chief guest at India's Republic Day celebrations next year.
Nov 14, 2019 00:44 (IST)
Prime Minister Narendra Modi holds bilateral meeting with President of Brazil Jair Bolsonaro
Nov 13, 2019 23:58 (IST)
PM Modi, Vladimir Putin discuss bilateral ties at BRICS Summit
Prime Minister Narendra Modi on Wednesday met Russian President Vladimir Putin and discussed ways to further cement their special strategic partnership.

During the meeting, PM Modi said that "frequent meetings have strengthened our relations".
Nov 13, 2019 23:09 (IST)
PM Modi meets Vladimir Putin At BRICS Summit

Prime Minister Narendra Modi holds bilateral meeting with President of Russian Federation, Vladimir Putin, on the sidelines of BRICS Summit, reported news agency ANI.
Nov 13, 2019 22:39 (IST)
"Improving economic linkages augur well for the BRICS nations," tweeted PM Modi
"On the sidelines of the BRICS Summit, I would be addressing the BRICS Business Forum and interacting with BRICS Business Council as well as the New Development Bank. Improving economic linkages augur well for the BRICS nations," tweeted PM Modi.

Nov 13, 2019 22:35 (IST)
PM Modi to attend the closing ceremony of BRICS business forum and the ''closed'' and plenary sessions
PM Modi will also attend the BRICS business forum closing ceremony and the ''closed'' and plenary sessions of the summit. In the closed session, discussions are expected to be focused on challenges and opportunities for the exercise of national sovereignty in the contemporary world.
This will be followed by the BRICS Plenary Session, where the leaders will discuss the intra-BRICS cooperation for the economic development of BRICS societies.

A BRICS memorandum of understanding between trade and investment promotion agencies is expected to be signed, reported news agency PTI. 
Nov 13, 2019 22:32 (IST)
BRICS represents 3.6 billion people with a combined GDP of $16.6 trillion
Brazil is the current chair of the group of 5 nations which represents over 3.6 billion people with a combined nominal GDP of $16.6 trillion.

During the summit, the five major economies of the world will aim to significantly strengthen their cooperation in science, technology and innovation, PM Modi had said in his departure statement.

The BRICS nations will also look to enhance cooperation on digital economy and build mechanisms for counter-terrorism cooperation within the BRICS framework, PM Modi had said, reported news agency PTI.
Nov 13, 2019 22:31 (IST)
PM Modi's welcome "as vibrant as BRICS itself": Foreign Ministry on Twitter
Foreign Ministry Spokesperson Raveesh Kumar on Twitter said PM Modi's welcome was "as vibrant as BRICS itself".
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