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Sunday 24 March 2013

PM leaves today for BRICS summit

PM leaves today for BRICS summit
                BRICS countries attending the conference, Prime Minister Manmohan Singh will leave on a four-day visit to South Africa. The BRICS countries meeting international economy through measures to tackle existing problems elsewhere. The Development Bank of the country to set up its own can also announced. Prime Minister Singh in Durban with China's new President Jinping will discuss bilateral relations. 










President Pranab Mukherjee on Sunday met Prime Minister Singh to begin the next day detail of your trip.At the meeting, Finance Minister P. Chidambaram, Commerce Minister Anand Sharma and National Security Adviser Shiv Shankar Menon will include representatives of various industry and trade associations. The BRICS summit is taking place at a time when developed countries are experiencing economic slowdown.BRICS member countries are exploring specific measures to deal with the condition. From this perspective, the meeting will be announced the formation of a regional development bank. India had proposed such bank, on which all the members have given their consent. The bank not only to the needs of its member countries, could help, but in the interest of these countries in international economic organizations would be able to voice. Besides India, China, Russia, South Africa and Brazil BRICS members.Official sources said that bilateral relations between India and China in terms of travel is also important. Recently, China's President G. Jinping met with the Minister to be different. The economic partnership with China, as well as various bilateral issues will be discussed.

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