00:00PM Narendra Modi has arrived in Russia to take part in the BRICS Summit.
00:08He arrived in Kazan, Russia on Tuesday and during this time he met with Russian President Vladimir Putin for the first time.
00:17He also held a bilateral meeting.
00:19In this video, we will tell you about the talks and strategies that will be built in the 16th BRICS Summit.
00:30The main objective of BRICS is to promote collaboration between countries in economic, political and cultural areas.
00:37This group works to improve the world economic system, strengthen the voice of developing countries and promote trade and investment between member countries.
00:48The topic of this year's BRICS Summit is Strengthening Multilateralism for Equitable Global Development and Security.
00:55During the BRICS Summit dinner, some photos of India's PM Narendra Modi, Russia's President Vladimir Putin and China's President Xi Jinping were also shown.
01:06These pictures can give a big shock to America.
01:09In fact, Russia and China are considered the biggest competitors of America.
01:15Foreign Secretary Vikram Mistry told that in the bilateral talks between PM Modi and Russian President Vladimir Putin,
01:22the Ukrainian war, defense relations, working in the Russian army, Indian citizens and nuclear energy cooperation have been discussed.
01:30Mistry said that PM Modi repeated that for the solution of the conflict, talks and diplomacy are also the way forward.
01:38He told Putin about his talks with Ukraine and said that India is ready to contribute to bringing peace.
01:45The issue of early release of Indian citizens working in the Russian army was raised.
01:51Mistry said that both sides have discussed and with the cooperation of Russia, many Indian countries have also returned in recent months.
02:00The Indian embassy is working and it is hoped that everyone will get a solution soon, so that they can return to the country as soon as possible.
02:08The BRICS Summit is being held in Russia.
02:10Countries from all over the world are watching, but especially Western countries are keeping a close eye on this summit.
02:15There are many reasons behind this.
02:17First of all, America and Europe are in support of Ukraine against Russia and they have imposed restrictions on Russia.
02:23Western countries also want to see India stand against Russia, while there is a strong friendship between India and Russia.
02:31Similarly, America and other Western countries are also estranged from China.
02:35In the BRICS Summit, it is hoped that India and China will also have talks with Russia to strengthen relations.
02:42PM Modi and Chinese President Xi Jinping have also met.
02:45The world is watching today and this meeting.
02:48In addition to this, India's relations with Middle East countries are also expected to be stronger.
02:54What can be the direction of India in the middle of the Israel-Iran war?
02:58Western countries, including America, will also keep an eye on this.
03:02BRICS wants to start a reserve currency that can compete with the dominance of the dollar.
03:07At the BRICS Summit in Kazan, Russia, members of the country can advance the discussion on starting such a gold-backed BRICS currency.
03:16With China, the US trade war and the US restrictions on China and Russia,
03:21if BRICS agrees to this new currency between the countries,
03:25it can also increase the economic power of these countries by challenging the international financial system.
03:32At present, the US dollar is dominant in the international financial system.
03:37About 90% of the world's business is in the US dollar.
03:41At the same time, 100% oil business was also in the US dollar.
03:46But in the last year, in addition to the US dollar, a little oil business has also started in other currencies.
03:52In this case, if BRICS uses a new BRICS currency instead of the US dollar,
03:57it will not be easy for the US to impose restrictions on it.
04:00The value of the dollar will also decrease.
04:02It is also possible that it will also have an effect on the small level in America, which will start soon.
04:10Let's hope that this BRICS summit will reduce the US dollar's influence.
04:14So, what is your opinion on this news?
04:16Do tell us in the comment box.
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