Home
|
Sitemap
|
FAQs
|
Contact Us
Product
Country
Menu
About Agri Exchange
Introduction
Apeda Agri Exchange
The Vision
Benefits / Facilities
To Exporters
To Buyers
Product Profile
Floriculture
Floriculture
Fruits & Vegetables Seeds
Fresh fruits & Vegetables
Fresh Onion
Other Fresh Vegetables
Walnuts
Fresh Mangoes
Fresh Grapes
Other Fresh Fruits
Others (Betel Leaves & Nuts)
Processed Fruits & Vegetables
Cucumber and Gherkins (Prepd. & Presvd.)
Processed Vegetables
Mango Pulp
Processed Fruits,Juices & Nuts
Pulses
Animal Products
Buffalo Meat
Sheep/ Goat Meat
Other Meat
Processed Meat
Animal Casing
Poultry Products
Dairy Products
Natural Honey
Caseins
Albumin (Eggs & Milk)
Other Processed Foods
Groundnuts
Guar Gum
Jaggery & confectionery
Cocoa Products
Cereal Preparation
Milled Products
Alcoholic Beverages
Miscellaneous Preperations
Cereals
Basmati Rice
Non Basmati Rice
Wheat
Maize
Other Cereals
Country Profile
United Arab Emirates
Saudi Arabia
Malaysia
Bangladesh
United States
Vietnam
Kuwait
Iran
United Kingdom
Indonesia
...View more country profiles
FTA's
Analytical Report on FTAs
Tariff Concession under FTAs
Statistics
International Trade
India's Export
India's Import
Production
International Production
India Production
Market Intelligence
e-Bulletin
Global Analytical Report
India's Export Analytical Report
Comparative Report On APEDA Products
Comparative Report On Principal Commodities
Import Tariffs
Import Regulations
SPS Notifications
DGFT : Public Notice, Notifications, Circular and Trade Notice
India Food Safety & Standards
Market Reports
Foreign Trade Policy 2023
Chapter 01 - Legal Framework and Trade Facilitation
Chapter 02 - General Provisions Regarding Imports and Exports
Chapter 03 - Developing Districts as Export Hubs
Chapter 04 - Duty Exemption Remission Schemes
Chapter 05 - Export Promotion Capital Goods (EPCG) Scheme
Chapter 06 - Export Oriented Units (EOUs), Electronics Hardware Technology Parks (EHTPs), Software Technology Parks (STPs) and Bio-Technology Parks (BTPs)
Chapter 07 - Deemed Exports
Chapter 08 - Quality Complaints and Trade Disputes
Chapter 09 - Promoting Cross Border Trade in Digital Economy
Chapter 10 - Scomet: Special Chemicals, Organisms, Materials, Equipment and Technologies
Chapter 11 - Definitions
Newsletters
Latest News
Latest Newsletter
Archives
Directory
Exporters
Service Providers
Logistics
Trade Leads
Submit New lead
Buy Leads
Sell Leads
Indian Mission Login
Market News
BRICS admits 6 nations, PM seeks reform of global bodies.
Aug 25, 2023
Looking to emerge as a counterweight to the West, BRICS announced Thursday that 6 countries - Argentina, Egypt, Ethiopia, Iran, Saudi Arabia and UAE - will join on January 1, 2024, the group of nations that together account for 26 percent of global GDP. While many of these countries have close ties with China, which wanted expansion to be accelerated, all of them except Ethiopia are also India’s strategic partners.
Welcoming the development, PM Narendra Modi said that the expansion will consolidate the trust that many countries have in a multipolar world order and also send out a message – important in the context of the delayed UNSC reforms - that all international institutions must adapt to the changing times and circumstances. Modi also expressed satisfaction that BRICS had built a consensus on the criteria, standards, procedures and guiding principles for expansion.
India had earlier strongly denied it was blocking the proposal to expand membership saying it only wanted the rules finalised first for admitting new members. According to government sources, India had played the lead role in forging a consensus on the issue at the Johannesburg BRICS summit that ended Thursday.
In the joint press conference, where the leaders announced the decision after intense negotiations over 2 days, Modi said India had always and unequivocally supported the expansion of BRICS. South Africa was the last country to join what was then known as BRIC in 2010.
``We believe BRICS will become stronger with new members joining it and our shared efforts will also get a boost. This is an initiative that can set an example for the reforms of global institutions which were created in the 20th century, said Modi, as he spoke about how India enjoyed deep and historical ties with each of the 6 nations who will join the group. India’s historical links with Iran are well known but it has also worked in the recent past to cultivate ties with both UAE and Saudi Arabia, with which it has had a strategic partnership since 2010. Bilateral ties with UAE were upgraded to a comprehensive strategic partnership in 2017. India has also had a strategic partnership with Argentina since 2019 and with Egypt since Modi’s visit to Cairo in July.
``I’m confident together with these countries we will provide a new momentum and new energy to our cooperation. With support from BRICS, we will also add new dimensions to our bilateral cooperation with these countries,’’ he added.
While the 6 countries whose names were announced will joint as permanent members, more are expected to join later as partner countries. The PM said India will also help build a consensus for allowing membership as a partner country. Twenty-three countries had formally sought membership ahead of the Johannesburg summit.
Wary of China and Russia’s anti-West, particularly anti-US agenda, both India and Brazil didn’t want the expansion process to be rushed through. South Africa, however, announced Wednesday that it finally had a document after the leaders’ negotiations on the criteria and guiding principles for membership. Describing the development as historic, Chinese President Xi Jinping in a swipe at the West said that hegemonism was not in China’s DNA.
timesofindia.indiatimes.com
Archive