Brics Summit – After the strain in bilateral relations between India and China following the tensions at LAC, Ladakh, both the countries have been taking steps to mend the relations in their ways.
Beijing had expressed it support for India to host the BRICS (Brazil, Russia, India, China, South Africa) Summit which is to be held later this year.
This expression of support came following Indian government’s decision to slowly loose the curbs on Chinese investment that are queued up to flow into the country. The decision of Indian government came up after the tensions in LAC, Ladakh between Indian and Chinese troops started easing up.
On February 21 Foreign Minister S. Jaishankar launched the BRICS 2021 at the Sushma Swaraj Bhavan at New Delhi. The spokesperson of China’s Ministry of Foreign Affairs quoted to the media that:
“We support India in hosting this year’s BRICS meetings and stand ready to work together with it and other members to strengthen communication and cooperation in various fields, advance the three-pillar-driven cooperation in economic, political and cultural sectors, and expand ‘BRICS Plus’ cooperation to realise solid, sound and sustained progress in BRICS cooperation and to contribute to the international community’s efforts to defeat COVID-19, resume economic growth and improve global governance.”