New Delhi: The Russian envoy to India Nikolay Kudashev mentioned that the annual summit has been planned for this fall. India is the present chair of the BRICS or Brazil, Russia, India, China, and South Africa grouping.
Nikolay Kudashev, talking at a digital occasion hosted by the Confederation of Young Leaders (CYL), mentioned, “In the framework of multilateral efforts to address existing challenges and threats, BRICS remains a major factor in international politics and economics”.
“Annual BRICS summit is planned for this fall. At the earlier BRICS summit, our leaders have reaffirmed, the significance of BRICS individuals to individuals contact in enhancing friendship between individuals, particularly the youthful era,” he added.
On June 1, India hosted the BRICS FMs meet nearly. As the chair of the grouping, practically 50 occasions have been held, and plenty of extra are scheduled throughout the remainder of the yr. This is the third time India is holding the BRICS chairship, after 2012 and 2016.
Kudashev highlighted that each international locations, India and Russia, stay dedicated to “further expand our financial cooperation and extend the use of national currency in bilateral and international trade”, declaring that Russia is the “only foreign country so deeply involved in Indian nuclear power sector contributing to the national energy security”.
Russia has been concerned in Kudankulam Nuclear Power Plant. He mentioned, “We would be very encouraged with regard to the decision of the Indian government on the second site for construction of more nuclear reactors of Russian design.”
Amid the COVID pandemic, each international locations supported one another. Kudashev mentioned, “In the hour of want, India helped Russia with the provides of anti-virus medicines. Russia on its half offered an enormous a part of humanitarian help to India.”
Russia equipped 20 tonnes of life-saving tools and medicines to India earlier this yr to cope with the disaster. These embrace oxygen manufacturing items, lunge ventilating machines and medicines corresponding to Remdesivir. India will likely be manufacturing the Sputnik V COVID vaccine.
Chairman of the Confederation of Young Leaders, Suwan, talking on the occasion prolonged his gratitude to Russia for the outreach amid the COVID disaster. He mentioned, “Right from Oxygen concentrators to Sputnik vaccine, such efforts to extend India a lifeline underscores the need to strengthen popular support for the long-term development of the Russia-India relations.”