The coming 9th BRICS summit has already shown itself a success, even before it started. For proof, look no further than the recent breakthrough in the bilateral relationship between China and India.
Indian Prime Minister Narendra Modi will attend the high-profile 9th Annual Summit of BRICS countries scheduled which takes place in East China's coastal city of Xiamen at the invitation of Chinese President Xi Jinping.
In considering the role of South Africa in BRICS, it is essential to remember that it represents the entire continent in both BRICS and other organisations like the G20.
As far as the forthcoming Xiamen meeting is concerned, it is taking place at a critical moment for the world economy. While steps for stabilization have been made and recovery signals are evident, more efforts are required to avoid setbacks.
While the world focuses on the saga of President Trump’s team and the bitter divorce between London and Brussels, the rest of us try to get on with life. For the upcoming Ninth BRICS Summit in Xiamen, China should strike a more uplifting chord to the world.
As per Global Innovation Index 2017, China is number one in high tech export in knowledge output domain. And India is number one in ICT service exports in knowledge output domain
If implemented successfully and in synergy, this cooperation can improve life of almost 40% of world population and can boost the world economy by reenergising two world ’s fastest growing economies.
In his keynote speech at the opening session of the 47th World Economic Forum Annual Meeting in Davos on January 17 this year, Chinese President Xi Jinping announced that China will host the Belt and Road Forum for International Cooperation (BRF) in Beijing this May to brainstorm about interconnected development.