BRICS: India Assumes Centre Stage, China Loses Influence - News18
1 year, 4 months ago

BRICS: India Assumes Centre Stage, China Loses Influence - News18

News 18  

It is ironic that China should now be playing second-fiddle to India in both the Shanghai Cooperation Organisation and BRICS. So much so, that while India’s Prime Minister Narendra Modi pointed out that it will soon be a $5 trillion economy open to do business with the Global South and others, Chinese President Xi Jinping did not make a speech, and stayed away from the business session attended by the other three. Prime Minister Modi called India the growth engine of the world in an unabashed pitch to over 40 countries present, and the global audience via coverage of the ongoing three-day event. And India has apparently persuaded the other two present — namely Brazil’s Lula da Silva and South Africa’s Cyril Ramaphosa — to agree to a process for expanding the BRICS line-up first. This will have multiple effects on the geopolitics of the world, but India’s economy, much smaller than China at present, is assured of medium to long-term success.

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History of this topic

India to work with rest of Brics countries to further ease trade
2 weeks ago

India to work with rest of Brics countries to further ease trade

Live Mint  

India's trade with BRICS countries may be poised for a take-off as officials work to extend customs-related privileges to trust ed merchants from these nations, which would also fetch similar benefits to Indian exporters to those markets, two persons familiar with the matter said. A second person said the road is clear for negotiating a similar deal with China, a …

BRICS+ Share Soars, Outperforming G7 in Global Goods Exports
1 month, 3 weeks ago

BRICS+ Share Soars, Outperforming G7 in Global Goods Exports

The Hindu  

BRICS+ group's share in global goods exports can overtake G7 by 2026, according to EY India. The BRICS+ group's share of global merchandise exports has risen from 10.7% to 23.3%, marking an impressive increase of 12.6 percentage points. In contrast, the G7's share has seen a notable decline, dropping from 45.1% to 28.9%. This trend highlights the growing prominence of …

India's Pro-West Ambitions Shape BRICS, Shaping Global South Narrative
1 month, 3 weeks ago

India's Pro-West Ambitions Shape BRICS, Shaping Global South Narrative

India Today  

India's engagement with Brics has become a platform for diplomacy and trust-building, showcasing its willingness to balance its relationships with both Western countries and China. The country's strategic participation in the bloc has led to a shift in its geopolitical approach, with India leveraging its opposing bloc to advance its economic, diplomatic, and geopolitical interests. The recent expansion of Brics …

BRICS: A Counterweight to G7 Rich Nations
1 month, 3 weeks ago

BRICS: A Counterweight to G7 Rich Nations

New Indian Express  

The BRICS Summit in Kazan, Russia, marked a significant milestone in the bloc's history. It saw the resumption of formal bilateral talks between India and China, signifying a thaw in their frosty relations. The summit also welcomed 13 new countries as partners, taking the BRICS influence and size to greater levels. This expansion is expected to challenge the dominance of …

BRICS: A Counterweight to the Global Powerhouse G7
Trending News
1 month, 3 weeks ago

BRICS: A Counterweight to the Global Powerhouse G7

New Indian Express  

The BRICS Summit in Kazan, Russia, marked a significant milestone in the bloc's history. It saw the inclusion of 13 new countries as partners, solidifying BRICS's global influence and expanding its economic reach to encompass 2.8 billion people. The summit also saw the resumption of formal bilateral talks between India and China, signifying a thaw in their frosty relations. BRICS …

India's Indispensable Position in BRICS: A Strategic Balancing Act
Trending News
1 month, 4 weeks ago

India's Indispensable Position in BRICS: A Strategic Balancing Act

Firstpost  

BRICS summit in Russia highlights India's strategic balancing act between the West and the Rest. The focus is on fostering a counterweight to Western dominance, particularly with China. India seeks flexibility and strategic alternatives through BRICS, showcasing its growing economic prowess and regional leadership. However, managing contradictions with China and balancing the US's exceptionalism remain significant challenges.

India has much to do to woo Chinese firms: China Daily editorial
4 months, 3 weeks ago

India has much to do to woo Chinese firms: China Daily editorial

China Daily  

Although the latest call from some Indian finance and industry officials to ease governmental restrictions on Chinese investment in India is a welcome sign, those Indian policymakers still hesitant to adopt that suggestion, citing an overreliance on China, need to know that even if New Delhi reopens its door to Chinese companies, India might not be able to recover the …

India welcomes Egypt, Iran, UAE, Saudi Arabia and Ethiopia as new BRICS members
6 months, 2 weeks ago

India welcomes Egypt, Iran, UAE, Saudi Arabia and Ethiopia as new BRICS members

India TV News  

Moscow: India on Monday welcomed Egypt, Iran, UAE, Saudi Arabia and Ethiopia as new members of the BRICS grouping as their representatives attended a key meeting of the bloc hosted by Russia, which took over the year-long membership of BRICS on January 1. The ministers at the meeting welcomed "the active participation of the new members of BRICS, the Ministers …

India watches BRICS’ new members warily because of Chinese influence
11 months, 1 week ago

India watches BRICS’ new members warily because of Chinese influence

Hindustan Times  

“China and India’s disagreement,” noted Hung Tran, non-resident senior fellow at the Atlantic Council’s GeoEconomics Center in an essay, "regarding membership expansion will shape the prospects of aspiring BRICS countries and the organization’s future.’’ Prime Minister Narendra Modi with China's President Xi Jinping. It does not want to lose its influence if the BRICS group admits too many new members …

Italy’s exit from China’s BRI. Why India should be happy
1 year ago

Italy’s exit from China’s BRI. Why India should be happy

Live Mint  

Four years after becoming the only G7 nation to join China's ambitious Belt and Road initiative, Italy has decided to leave the project. “Italy's decision to exit BRI certainly shows a complete collapse of political trust between Europe and China. Italy used to have one of the most sympathetic attitudes towards China and now we are seeing a dramatic turnaround …

India reiterates opposition to China’s BRI, supports programmes in Maldives
1 year, 2 months ago

India reiterates opposition to China’s BRI, supports programmes in Maldives

Live Mint  

Reiterated its opposition to China’s Belt and Road Initiative, India on 19 October highlighted the role of Beijing’s flagship infrastructure programme in the development of participating countries against the backdrop of Maldives’ president-elect Mohamed Muizzu, reported Hindustan Times. While responding to several questions on the Belt and Road Forum hosted by China and Muizzu’s comments endorsing the BRI, Bagchi said …

India disses China over BRI again, counters campaign in Maldives over assistance
1 year, 2 months ago

India disses China over BRI again, counters campaign in Maldives over assistance

Hindustan Times  

NEW DELHI: India on Thursday reiterated its opposition to China’s Belt and Road Initiative against the backdrop of Maldives’ president-elect Mohamed Muizzu highlighting the role of Beijing’s flagship infrastructure programme in the development of participating countries. MEA spokesperson Arindam Bagchi said that unlike in the past, India had not been invited by China to this year’s Belt and Road Forum …

India to again boycott China's Belt and Road event amid criticism of CPEC: Sources
1 year, 2 months ago

India to again boycott China's Belt and Road event amid criticism of CPEC: Sources

India TV News  

India is set to boycott a summit of China's Belt and Road Initiative on Tuesday for the third consecutive time to highlight its stance on the controversial China-Pakistan Economic Corridor and the financial viability of Beijing's projects in other countries, according to sources. China is hosting the Belt and Road Forum for International Cooperation on Tuesday and Wednesday, as its …

India likely to skip China’s BRI summit
1 year, 2 months ago

India likely to skip China’s BRI summit

The Hindu  

India is likely to skip China’s third summit marking President Xi Jinping’s signature Belt and Road Initiative, which, Beijing announced on Wednesday, will be held on October 17 in the Chinese capital. Sri Lankan President Ranil Wickremesinghe is also likely to attend, Sri Lankan media reported, among several leaders from countries in Asia, Africa and Latin America. India did not …

Building BRICS for the future
1 year, 2 months ago

Building BRICS for the future

The Hindu  

In August, six new members were inducted into the BRICS grouping, in South Africa. More members could be inducted, which means that BRICS could pose a serious challenge to the dominance of the G7 comprising Canada, France, Germany, Italy, Japan, the U.K., and the U.S. Second, two members of BRICS are China and India, which together contain one-third of the …

BRICS expansion: Shaping global dynamics and India's strategic role
1 year, 2 months ago

BRICS expansion: Shaping global dynamics and India's strategic role

Hindustan Times  

In the recent 15th BRICS Summit, the grouping took a major step in expanding its reach and influence with the announcement that six more nations have been invited to join as new members. As the BRICS operates based on consensus-driven decision-making, attaining consensus among eleven countries characterized by diverse economies, geographical locations, and interests proves to be substantially more challenging …

China’s Complicated Relationship With India
1 year, 3 months ago

China’s Complicated Relationship With India

The Diplomat  

When the BRICS leaders gathered in Johannesburg, South Africa, from August 22-24 for their 15th summit, there was a sense of awkwardness. “As the two largest developing countries in the world and eternal neighbors, China and India have much more common interests than differences, and it is of global demonstrative significance for the two countries to achieve common development and …

In charts: The math behind Brics expansion
1 year, 3 months ago

In charts: The math behind Brics expansion

Live Mint  

When economist Jim O'Neill came up with the term ‘BRIC’ in 2001, little did he know that the acronym would become the groundwork for an ambitious alliance of the world’s highest-potential large economies. With the inclusion of Saudi Arabia and the United Arab Emirates, the revamped BRICS had around 30% share in India’s total trade in 2022-23. Experts point out …

India, China and a Mightier BRICS: Winners All Around, Except the West - News18
1 year, 3 months ago

India, China and a Mightier BRICS: Winners All Around, Except the West - News18

News 18  

As of August 24, 2023, in its 15th summit since the first in 2009, BRICS will not be the same. What India Got India has positioned itself in a sweet spot, maintaining heightened relevance among BRICS nations, while also preparing ground for hosting a G20 summit two weeks later. India’s concerns revolved around how new members, out of the 22 …

Facing China at Brics, India stands its ground
1 year, 3 months ago

Facing China at Brics, India stands its ground

Hindustan Times  

Since its inception in 2010, the Brazil, Russia, India, China, and South Africa grouping was designed as a multilateral institution based on sovereign equality and consensus-driven decision-making among its member States. At the Johannesburg Brics summit, Prime Minister Narendra Modi exuded the self-confidence of a genuinely rising power by talking up prospects of India becoming a $5 trillion economy and …

BRICS to Add 6 New Members
1 year, 3 months ago

BRICS to Add 6 New Members

Deccan Chronicle  

New Delhi: In a historic move, the five-nation Brics grouping agreed by a consensus to expand with effect from January 1, 2024, to include six new members, that will take its total membership to 11 nations. Speaking at the joint address, Prime Minister Narendra Modi reiterated India had always supported the expansion of Brics and that the new members will …

PM Modi concerned ‘bigger BRICS will turn bloc into China mouthpiece’
1 year, 4 months ago

PM Modi concerned ‘bigger BRICS will turn bloc into China mouthpiece’

Live Mint  

Despite BRICS leaders batting for expansion on the group, the negotiations are facing last-minute hurdles, endangering efforts to amplify the "Global South's" influence in global affairs. And an agreement to expand BRICS - currently Brazil, Russia, India, China and South Africa - could allow dozens of interested nations to seek admission Summit host South Africa's foreign minister Naledi Pandor said …

India welcomes consensus-based approach to expand BRICS: PM
1 year, 4 months ago

India welcomes consensus-based approach to expand BRICS: PM

The Hindu  

India welcomes the expansion of the BRICS grouping through a consensus-based approach, Prime Minister Narendra Modi declared in Johannesburg on Wednesday. Addressing the plenary session of the 15th BRICS summit in the historic South African city, the PM urged member States to take advantage of India’s digital solutions and to work for the welfare of the Global South. India fully …

India fully supports expansion of BRICS membership: PM Modi at group summit in Johannesburg
1 year, 4 months ago

India fully supports expansion of BRICS membership: PM Modi at group summit in Johannesburg

India TV News  

BRICS Summit 2023: In his address at the opening plenary session of the much-awaited 15th BRICS Summit, Prime Minister Narendra Modi expressed full support for the expansion of BRICS membership based on consensus and said that the group will create further opportunities and shape the future of the world. "India fully supports the expansion of BRICS membership and we welcome …

BRICS Summit: What leads to formation of group and which countries want to join it? Know here
1 year, 4 months ago

BRICS Summit: What leads to formation of group and which countries want to join it? Know here

India TV News  

The leaders of the world's 16 per cent of economies have started accumulating in South Africa's national capital Johannesburg aiming to chair multiple meetings under the umbrella of the much-awaited 15th BRICS Summit. The whole world has been keenly watching the fusion of the leaders of five countries-- Brazil, Russia, India, China and South Africa-- amid the fact that all …

We face hard options on the BRICS architecture
1 year, 4 months ago

We face hard options on the BRICS architecture

Live Mint  

The latest summit of the BRICS group of countries starts on Tuesday in South Africa, the only add-on member of what began as a quartet of Brazil, Russia, India and China, which formed the original ‘BRIC’ coined by Goldman Sachs two decades ago by clubbing together hot emerging markets for global investors to bet on. India has professed resolute neutrality …

brics common currency push & expansion plans: where does india stand?
1 year, 4 months ago

brics common currency push & expansion plans: where does india stand?

The Hindu  

The story so far: In a bid to deepen ties in Asia and Africa, the heads of the BRICS nations are scheduled to meet in Cape Town, South Africa on August 22-24 this year. In a post-meeting statement, South Africa’s foreign minister Naledi Pandor said that Shanghai-based New Development Bank had briefed the BRICS minsters about potentially using alternative currencies …

Sanjaya Baru | Why Brics is still relevant in a divided, post-G20 world
1 year, 4 months ago

Sanjaya Baru | Why Brics is still relevant in a divided, post-G20 world

Deccan Chronicle  

The heads of government of the Brics group will meet later this week in Johannesburg for their fifteenth summit meeting. The idea of an emerging market group comprising of countries with some shared characteristics and interests, namely Brazil, Russia, India and China, was first floated in 2001 by an American corporation, Goldman Sachs. The three major emerging market democracies of …

Exercise caution on plans to expand Brics
1 year, 4 months ago

Exercise caution on plans to expand Brics

Hindustan Times  

A push by China to admit new members into the Brazil, Russia, India, China and South Africa grouping has set the proverbial cat among the pigeons. Admitting developing countries who are financially in hock to China could mean the marginalisation of India, which has earned the tag of the voice of the Global South through its own bilateral and multilateral …

China ready to elevate ties with S. Africa
1 year, 6 months ago

China ready to elevate ties with S. Africa

China Daily  

President Xi Jinping stressed on Friday China's readiness to elevate its level of relations with South Africa, build a high level of bilateral community with a shared future and jointly uphold the common interests of developing nations. In a phone call with South African President Cyril Ramaphosa, Xi highlighted the special bond of brotherhood between China and South Africa as …

After the stalled rupee-oil trade with Russia, India should be cautious on BRICS currency
1 year, 6 months ago

After the stalled rupee-oil trade with Russia, India should be cautious on BRICS currency

Firstpost  

On paper, India’s rupee-based oil trade with Russia was historic and also path-breaking for the world at large even more than what the arrival of euro and yuan might have been when they hit the global track. The dichotomy could only accentuate if India were to fall into the trap of joining the BRICS chorus for a currency of its …

Is India odd man out in China-dominated SCO and BRICS?
1 year, 7 months ago

Is India odd man out in China-dominated SCO and BRICS?

Hindustan Times  

With the rise of China as a global economic and military super-power inevitable this decade, India will be the odd man out in the SCO and the BRICS as virtually all the members of these groupings are recipients of copious infrastructure aid from Beijing in the name of Belt-Road Initiative. While India is pushing for English to be a working …

The BRICS room: Should India be inside it or leave?
1 year, 8 months ago

The BRICS room: Should India be inside it or leave?

Hindustan Times  

International politics is an arena where there are no permanent friends or foes, there are only permanent interests. However, given the inequalities in decisions around financing by the institutions and the emergence of the Global South as a potent political and economic force in international relations, the need for the creation of alternative mechanisms of cooperation around trade and investment …

China's attempts to alter status quo on LAC affected bilateral relationship: MEA
1 year, 9 months ago

China's attempts to alter status quo on LAC affected bilateral relationship: MEA

Hindustan Times  

NEW DELHI: China has “continued unilateral attempts” to alter the status quo on the Line of Actual Control even after agreeing to resolve issues in eastern Ladakh through peaceful dialogue, resulting in a relationship that is “complex”, the external affairs ministry has said in its annual report. Relations between India and China have been at their lowest point in six …

China ready to work with India for 'steady and sound growth' of ties: Foreign Minister Wang Yi
1 year, 11 months ago

China ready to work with India for 'steady and sound growth' of ties: Foreign Minister Wang Yi

The Hindu  

Chinese Foreign Minister Wang Yi said on December 25 that China is ready to work with India for the "steady and sound growth" of bilateral ties and the two countries are committed to upholding stability at the border areas where tensions have prevailed since 2020. In his address, Mr. Wang also briefly touched on China’s ties with Pakistan, saying the …

Treading softly on the Brics expansion
2 years, 6 months ago

Treading softly on the Brics expansion

Hindustan Times  

The fallout of the Ukraine crisis and the impact of sanctions imposed on Russia by western nations are set to figure in the deliberations at the upcoming virtual summit of the Brazil-Russia-India-China-South Africa grouping to be hosted by Beijing on June 23. It will also be the first Brics summit since Russia’s invasion of Ukraine, which has posed serious challenges …

BRICS meet likely in June, India to attend China-hosted event
2 years, 8 months ago

BRICS meet likely in June, India to attend China-hosted event

The Hindu  

Weeks after the visit of Chinese Foreign Minister Wang Yi to Delhi, India has agreed to attend a virtual summit of leaders of the Brazil-Russia-India-China-South Africa grouping, likely to be held at the end of June, sources here have confirmed. The dates of the meeting, that will see Prime Minister Narendra Modi on the same platform as Russian President Vladimir …

Hardly the India-China century Deng envisioned
3 years, 3 months ago

Hardly the India-China century Deng envisioned

The Hindu  

Fifteen months after the clashes between Chinese and Indian soldiers in the Galwan Valley, India-China relations are at their lowest ebb in living memory. They are threatening India’s construction of roads, bridges and similar infrastructure on undisputed Indian territory, a belated effort to mirror similar Chinese efforts near the LAC in Tibet. Rather than merely patrolling, they have established a …

Afghan crisis likely on BRICS summit agenda, indicates China
3 years, 3 months ago

Afghan crisis likely on BRICS summit agenda, indicates China

India TV News  

The crisis in Afghanistan in the aftermath of the Taliban toppling the US-backed government in Kabul is expected to be discussed during the BRICS summit scheduled this month, China indicated on Friday. It is a positive stabilising constructive force in international affairs,” Chinese Foreign Ministry spokesman Wang Wenbin told a media briefing here when asked whether the upcoming BRICS summit …

BRICS | The coming together of the powerful five
3 years, 6 months ago

BRICS | The coming together of the powerful five

The Hindu  

Twenty years after it was first thought of, the BRICS group of Brazil, Russia, India, China and South Africa still mystifies all. In 2001, Goldman Sachs’ Jim O’Neill authored a paper called “Building Better Global Economic BRICs”, pointing out that future GDP growth in the world would come from China, India, Russia and Brazil. In 2003, Goldman Sachs wrote another …

India has become negative asset at fora like BRICS, SCO: China’s Global Times
3 years, 9 months ago

India has become negative asset at fora like BRICS, SCO: China’s Global Times

Live Mint  

NEW DELHI: India has become a negative asset at fora like the Brazil-Russia-India-China-South Africa and the Shanghai Cooperation Organisation, the Chinese state-backed Global Times said in a piece on Friday. The Global Times said in recent years India had been moving closer to the US “worsening India-China and India-Russia relations and affecting the development of some China-led or Russia-led groupings…such …

China emerges as India's top trade partner in 2020 despite souring relations
3 years, 10 months ago

China emerges as India's top trade partner in 2020 despite souring relations

India Today  

China has pipped the United States to emerge as India’s biggest trade partner in 2020 yet again. According to news agency Bloomberg, China regained its position as India’s top trade partner as New Delhi continued to rely on imported machinery. Although the two-way trade amount in 2020 is lower than the previous year’s $85.5 billion, the Bloomberg report said it …

India, China flex muscle to gain supremacy in post-covid South Asia
4 years, 1 month ago

India, China flex muscle to gain supremacy in post-covid South Asia

Live Mint  

NEW DELHI: China making inroads into India's periphery is not new. The covid-19 pandemic, however, has introduced a new dimension to the strategic jostling between the two biggies in South Asia -- helping countries in the region control the pandemic and post-pandemic economic recovery measures. On Thursday, China hosted a high-level virtual meeting with Pakistan, Bangladesh, Nepal, and Sri Lanka …

4 Reasons Why India Supports the BRICS
4 years, 2 months ago

4 Reasons Why India Supports the BRICS

The Diplomat  

The Russian government announced last week that the annual five-nations BRICS Summit will be held virtually on November 17. Russia is chairing the BRICS this year; the meeting will bring China’s President Xi Jinping and India’s Prime Minister Narendra Modi face-to-face for the first time since the military standoff between the two countries in Ladakh started more than five months …

No business as usual with China: Indian envoy in Moscow
4 years, 5 months ago

No business as usual with China: Indian envoy in Moscow

The Hindu  

India has made it clear to China that it will not be business as usual until there is a complete disengagement along the Line of Actual Control, Indian envoy in Moscow D.B. BRICS, SCO meetings Meanwhile, External Affairs Minister S. Jaishankar, who took part in the Russia-India-China trilateral last month, just days after the Galwan clash, is expected to attend …

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