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PM Modi praises China role, seeks BRICS rating agency

Xiamen : In this photo released by Xinhua News Agency, Chinese President Xi Jinping, right, shakes hands with Indian Prime Minister Narendra Modi at the BRICS Summit in Xiamen in southeastern China's Fujian Province, Monday, Sept. 4, 2017. AP/PTI(AP9_4_2017_000159B)

Xiamen : In this photo released by Xinhua News Agency, Chinese President Xi Jinping, right, shakes hands with Indian Prime Minister Narendra Modi at the BRICS Summit in Xiamen in southeastern China’s Fujian Province, Monday, Sept. 4, 2017. AP/PTI(AP9_4_2017_000159B)

Underlining the “common objective of improving business and investment cooperation”, Prime Minister Narendra ModiMonday called for finalisation at the earliest of a BRICS rating agency and said “I am happy to note that China has taken forward the people-to-people thrust of our exchanges from last year” because “such inter-mingling will consolidate our links and deepen our understanding”.

Speaking at the plenary session of the 9th BRICS Summit in Xiamen, Modi told President Xi Jinping, President Jacob Zuma, President Michel Temer and President Vladimir Putin: “We contribute stability and growth in a world drifting towards uncertainty. While trade and economy have been the foundation of our cooperation, our endeavours today touch diverse areas of technology, tradition, culture, agriculture, environment, energy, sports, and ICT.”

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Credit: indianexpress.com

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