Latest news with #StrategicPartnership
News18
2 days ago
- Business
- News18
BRICS Summit: PM Modi To Visit Rio With Global South High On Agenda
Last Updated: PM Modi is set to attend the 17th BRICS Summit with partnership and cooperation among Global South nations high on the agenda. Prime Minister Narendra Modi is set to attend the 17th BRICS Summit in Rio de Janeiro, Brazil, from July 5 to 8, with partnership and cooperation among Global South nations high on the agenda. At the BRICS Summit, Prime Minister Modi will participate in discussions on major global challenges, including reforms in global governance, peace and security, strengthening multilateralism, ethical use of artificial intelligence, climate action, global health, and financial collaboration. PM Modi is also expected to hold bilateral meetings on the sidelines of the summit. In Brasília, he will meet with President Luiz Inácio Lula da Silva to deepen the Strategic Partnership, with discussions likely to cover key sectors such as trade, defence, energy, space, technology, agriculture, and health. Notably, PM Modi's Rio visit is part of his five-nation tour in July 2025, beginning with a two-day visit to Ghana on July 2-3. This will be his first bilateral visit to Ghana and the first visit by an Indian Prime Minister to the country in more than three decades. After his visit to Ghana, the Prime Minister will travel to Trinidad and Tobago from July 3 to 4, at the invitation of Prime Minister Kamla Persad-Bissessar. He will then head to Argentina from July 4 to 5 for bilateral talks with President Javier Milei. From July 5 to 8, PM Modi will be in Rio to attend the BRICS Summit. Concluding his multi-nation tour, PM Modi is scheduled to visit Namibia on July 9, following an invitation from President Netumbo Nandi-Ndaitwah. In a major development in 2024, the group extended membership to six additional countries: Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates. Indonesia is also expected to formally join the bloc soon, following a unanimous decision made at the 2023 BRICS Summit. Notably, BRICS unites eleven major emerging economies, collectively accounting for approximately 49.5 per cent of the global population, about 40 per cent of the world's GDP, and nearly 26 per cent of global trade. India-Brazil Ties During a phone call with PM Modi on May 8, a day after India launched Operation Sindoor in response to the Pahalgam terror attack, Brazilian President Luiz Inácio Lula da Silva expressed strong support for India's stance against terrorism. Brazil also remains India's largest trading partner in South America, while India ranks as Brazil's ninth-largest trading partner. In the financial year 2024–25, bilateral trade between the two nations reached USD 12.20 billion. Further, Indian companies have a growing presence in Brazil across sectors like pharmaceuticals, automobiles, and energy. Defence cooperation is also a key area of focus during PM Modi's visit to Brazil. Both countries are jointly developing Airborne Warning and Control System (AWACS) aircraft, and Brazilian aerospace firm Embraer has signed an MoU with Mahindra to collaborate on the C-390 Millennium Multi-Mission Transport Aircraft.
Times of Oman
24-06-2025
- Politics
- Times of Oman
Indian NSA Doval, Russian Security Council's Dy Secy reiterate importance of taking forward bilateral cooperation
Beijing: Russian Security Council's Deputy Secretary, Aleksandr Venediktov, called on National Security Advisor Ajit Doval on the sidelines of the 20th Meeting of the SCO Security Council Secretaries in Beijing on Tuesday. The two officials reiterated the importance of taking forward their bilateral cooperation based on the India-Russia Special and Privileged Strategic Partnership in line with the Leaders' vision. During the meeting, NSA Doval and Veneiktov discussed issues of bilateral, regional and international significance, according to the statement shared by the Indian Embassy in Beijing. In a series of posts on X, the Indian Embassy in Beijing stated, "H.E. Aleksandr Venediktov, Deputy Secretary of the Security Council of the Russian Federation, called on NSA Shri Ajit Doval today on the sidelines of the 20th Meeting of the SCO Security Council Secretaries in Beijing." "The two sides discussed issues of bilateral, regional and international significance. The Russian side conveyed that they were looking forward to receiving NSA Doval in Russia for the next round of the Strategic Dialogue at an early date," it added. During the meeting, the Russian side conveyed that they were looking forward to welcoming Doval in Russia for the next round of the Strategic Dialogue at an early date. In a post on X, the Indian Embassy in Beijing wrote, "Both sides reiterated the importance of taking forward their bilateral cooperation based on the India-Russia Special and Privileged Strategic Partnership in line with the vision of the Leaders." On Monday, National Security Advisor Ajit Doval held a meeting with Chinese Foreign Minister Wang Yi in Beijing and reviewed recent developments in India-China relations and underscored the need to promote the overall development of the bilateral ties, including by fostering greater people-to-people ties. During the meeting on Monday, NSA Doval emphasised the need to counter terrorism in all its forms and manifestations to maintain peace and stability in the region. The two leaders also spoke about other bilateral, regional and global issues of mutual interest, according to the statement shared by the Ministry of External Affairs (MEA). In a statement shared on X, MEA official spokesperson Randhir Jaiswal stated, "NSA Ajit Doval met Chinese FM Wang Yi in Beijing today. Discussions focused on bilateral, regional & international issues of mutual interest."
Korea Herald
23-06-2025
- Business
- Korea Herald
Lee, Indonesian president agree to bolster economic, defense cooperation
President Lee Jae Myung and Indonesian President Prabowo Subianto agreed Monday to deepen cooperation in trade, technology and the defense and arms industries, the presidential office said. In their first phone call since Lee's inauguration earlier this month, the two leaders discussed ways to further advance the Special Strategic Partnership established between the two countries in 2017. "The two leaders agreed to continue strengthening strategic cooperation across a range of sectors, including trade and investment, advanced future industries driven by digital and green transitions, as well as the defense and the arms industry," presidential spokesperson Kang Yu-jung said in a written briefing. During the conversation, Lee invited Prabowo to attend the Asia-Pacific Economic Cooperation summit, set to take place later this year in South Korea's Gyeongju. The two leaders agreed to maintain close communication and work together to further develop bilateral ties and contribute to regional peace and stability, according to the office. (Yonhap)
NHK
19-06-2025
- Business
- NHK
New Zealand freezes Cook Islands financial aid over China ties
New Zealand has announced it halted millions of dollars in financial aid to the Cook Islands. The move comes amid Wellington's growing concern over the island group's deepening ties with China. In a statement on Thursday, the government said about 18 million New Zealand dollars, or about 11 million US dollars, in development funding for fiscal 2025-26 would be paused. The Cook Islands has been self-governing in free association with New Zealand, which is committed to defending it. The two nations are obliged to consult mutually on defense and security. But in February, the Cook Islands signed a strategic partnership agreement with China, which New Zealand says it was not consulted on. The Cook Islands says the agreement with China didn't contain security or defense matters. New Zealand Prime Minister Christopher Luxon told reporters on Thursday, "We were unhappy and dissatisfied with the fact that the Cook Islands' government wasn't open or transparent about its international agreements." Wellington also says it will not consider significant fresh funding until the Cook Islands takes steps to restore trust.
India Gazette
18-06-2025
- Business
- India Gazette
"Delighted to hold talks..." PM Modi meets German Chancellor
Kananaskis [Canada], June 18 (ANI): Prime Minister Narendra Modi met German Chancellor Friedrich Merz on the sidelines of the G7 Summit in Kananaskis, Canada, commemorating 25 years of the India-Germany Strategic Partnership. 'Delighted to hold talks with Chancellor Friedrich Merz on the sidelines of the G7 Summit in will keep working together in areas like counter terrorism and striking down on terror financing,' posted PM Modi on X. This meeting was the first between the two leaders since Chancellor Merz assumed office in May 2025. PM Modi congratulated Chancellor Merz on his victory and thanked the German government for their condolences on the recent tragic plane crash in Ahmedabad. PM Modi invited Chancellor Merz to visit India at a mutually convenient time, further solidifying their bilateral relationship. Building on this engagement, Randhir Jaiswal, Official Spokesperson of the Ministry of External Affairs, posted on X that the meeting between Prime Minister Modi and Chancellor Merz marked 25 years of the steadfast India-Germany Strategic Partnership. Both leaders discussed ways to strengthen bilateral cooperation in key areas of trade and investment, defence and security, green and sustainable development partnership, green energy, technology, innovation, education and mobility. They also exchanged views on regional and international developments. Prime Minister Modi thanked Chancellor Merz for Germany's strong solidarity and support to India in the fight against terrorism. Echoing these sentiments, Prime Minister Modi also shared details of the meeting on X. He said he was delighted to hold talks with Chancellor Merz on the sidelines of the G7 Summit and described India and Germany as close friends connected by shared values. He noted that this year marks 25 years of the Strategic Partnership between the two countries and said they discussed how to work even more closely in areas like IT, manufacturing, semiconductors, sustainability, research and innovation, read the Ministry of External Affairs press release. Furthering these discussions, he added that they also spoke about deepening defence and security linkages and that both sides will continue working together in areas like counter-terrorism and tackling terror financing. The two leaders expressed happiness at the sustained momentum in the bilateral relationship and reaffirmed their commitment to further strengthen cooperation across priority sectors. Both sides agreed to further deepen and diversify the Strategic Partnership as it reaches the milestone of 25 years. They also acknowledged that terrorism constitutes a major threat to peace and stability in the world. In this context, Prime Minister Modi thanked Chancellor Merz for Germany's strong expression of solidarity with and support to India's efforts in the fight against terrorism. They exchanged views on key regional and international developments, with Prime Minister Modi conveying that he looked forward to welcoming Chancellor Merz in India at a mutually convenient time. (ANI)
