BRICS Summit Focus: Partner Country Model
Key Discussions at the BRICS Summit
Foreign Secretary Vikram Misri emphasized the importance of establishing guidelines for a partner country model at the BRICS summit. This topic was part of discussions between Prime Minister Narendra Modi and Russian President Vladimir Putin. Misri addressed the media, stating, “One of the focus areas is the modalities and guidelines for implementing a partner country model with BRICS.”
Summit Agenda
The summit’s second day will cover political, strategic, economic, trade, financial, and cultural issues. Misri mentioned that discussions would include alternative payment mechanisms within the BRICS task force on payments.
BRICS Expansion and History
The 16th BRICS Summit, chaired by Russia, is held in Kazan. This is PM Modi’s second visit to Russia this year. BRICS began as BRIC in 2006, with South Africa joining in 2010. The group expanded in 2024 with new members: Egypt, Ethiopia, Iran, Saudi Arabia, and the UAE.
Doubts Revealed
Foreign Secretary -: A Foreign Secretary is a senior government official who is responsible for managing a country’s foreign affairs and relationships with other countries. In India, the Foreign Secretary is an important position in the Ministry of External Affairs.
Vikram Misri -: Vikram Misri is an Indian diplomat who serves as the Foreign Secretary of India. He plays a key role in representing India in international matters and discussions.
BRICS -: BRICS is a group of five major emerging countries: Brazil, Russia, India, China, and South Africa. They work together to discuss and solve global issues, and they hold meetings called summits.
Partner Country Model -: The Partner Country Model is a way for countries to work together more closely. It means that countries can become partners to help each other in areas like trade, economy, and culture.
Kazan -: Kazan is a city in Russia where the 16th BRICS Summit is being held. It is known for its rich history and cultural diversity.
Alternative Payment Mechanisms -: Alternative payment mechanisms are different ways to pay for things without using traditional money systems like banks. This can include digital currencies or other new technologies.
BRIC -: BRIC was the original name for the group of countries Brazil, Russia, India, and China before South Africa joined, making it BRICS.
Expanded in 2024 -: In 2024, BRICS expanded to include new members: Egypt, Ethiopia, Iran, Saudi Arabia, and the UAE. This means more countries are now part of the group.