Xi called on the Brics members to promote the reform of the governance structure of the International Monetary Fund and the World Bank, with an aim to boost the representativeness and say of the emerging market and developing countries. “It is, therefore, our shared responsibility to shape the worldwide agenda”, he said.
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The meeting with the BRICS leaders was his second engagement of the day on Sunday, on the sidelines of the G20 summit that will begin later in the day. “Our shared responsibility is to shape worldwide agenda in such a manner that helps developing nations achieve their objectives”, PM Modi said.
“We’ve taken BRICS out of capitals to involve people from all walks of life”.
Prime Minister Modi insisted on deepening ties with the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) countries.
On Saturday, Modi will meet with the top Vietnamese leadership, including General Secretary of the Communist Party of Vietnam Nguyen Phu Trong, President Tran Dai Quang, Prime Minister Nguyen Xuan Phuc and Chairman Nguyen Thi Kim Ngan. The summit is to be held in Goa, India, in October.
“Goodbye in Hangzhou. See you in Goa. The prime minister called for strengthened partnership with Saudi Arabia in sectors such as maritime, infrastructure, low-priced housing and discussed further cooperation in energy sector, they said.
The two leaders held talks amid differences over a raft of issues.
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The two leaders, who enjoy a good rapport, would discuss contentious issues, which will also include listing of Pakistan-based terrorist organisations in the United Nations and China stalling India’s membership at the elite Nuclear Suppliers Group (NSG).
