BRICS Summit: PM Modi Holds Bilateral Talks With Chinese President Xi Jinping In Kazan, Russia

Prime Minister Narendra Modi met with Chinese President Xi Jinping on Wednesday for bilateral talks on the sidelines of the BRICS summit in Kazan, Russia, according to a PTI report.

This marks the first formal conversation between the two leaders since the border tensions in eastern Ladakh began in May 2020. Both countries have agreed to resolve the military standoff along the Line of Actual Control (LAC) in eastern Ladakh. India announced a major breakthrough in the four-year-long dispute on Monday, which was confirmed by China on Tuesday.

Earlier, Modi participated in the 16th BRICS Summit, chaired by Russia. He pointed out that the summit is taking place amid global uncertainties, including conflicts, climate impacts, and cyber threats, which have increased expectations from BRICS.

“In order to counter terrorism and terror financing, we need the single-minded, firm support of all. There is no place for double standards on this serious matter,” Modi said, stressing the need to tackle youth radicalization and to advance the Comprehensive Convention on International Terrorism at the UN.

Modi also emphasized the importance of enhancing financial cooperation among BRICS nations and praised the success of India’s Unified Payments Interface (UPI). “Trade in local currencies and smooth cross-border payments will strengthen our economic cooperation. The Unified Payments Interface (UPI) developed by India is a huge success story and has been adopted in many countries,” he added.