Hotline: 1800 102 2007
Hotline: 1800 102 2007
Search Business Opportunities

PM attends BRICS meet

Chinese coastal resort for the next leg of his two-nation five-day tour that will take him to Kazakhstan.

Prime Minister Manmohan Singh Friday left this Chinese coastal resort for the next leg of his two-nation five-day tour that will take him to Kazakhstan.

The prime minister's Air India One aircraft took off from the Phoenix Airport here around 11 a.m. (Chinese time). It is expected to land at the International Airport Astana, in the Kazakhstan capital, around 5 p.m. (local time).

Meanwhile Dr. Singh on Thursday told fellow leaders of the five emerging economies that India was eager to absorb more foreign investment with its financial markets in a sound position.

Manmohan Singh, in his plenary address to the third summit of BRICS (Brazil, Russia, India, China and South Africa) nations, said the Indian economy "is well on its way to a long-term annual growth rate of more than 9 percent".

"Our economy is more open and more connected to the world than it has been in the past. Our financial and capital markets are sound, and eager to absorb foreign direct investment," he said.

He said India had put in place "ambitious schemes" for the social and infrastructure sectors that "have begun to bear fruit".

"The creative energies of our people have been unleashed," he said.

Manmohan Singh said the BRICS grouping was "embarked on a major enterprise of socio-economic change for our peoples".

He said cooperation among BRICS countries held the promise of building an external environment that helps each of the nations and complements their task of nation building. "To that extent I would say the best is yet to come."

The BRICS summit agreed to continue further expanding and deepening economic, trade and investment cooperation with each other.

Calling for an end to economic protectionist measures, the members welcomed the outcome of the meeting of BRICS trade ministers held in Sanya Wednesday.

Brazil, India, China and South Africa extended full support to an early accession of Russia to the World Trade Organization as they called for strong, open, rule-based multilateral trading system embodied in the WTO and a successful, comprehensive and balanced conclusion of the Doha talks.
Related opportunities
  • Aviation & Hospitality Training Institute
    About Us: Indira Gandhi Institute of Aeronautics has carved a niche..
    Locations looking for expansion Delhi
    Establishment year 2003
    Franchising Launch Date 2018
    Investment size Rs. 20lac - 30lac
    Space required 1000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Others Food Service
    About Us: Mumbai’s Most Popular Traditional Snack Brand.By India’s Leading Manufacture..
    Locations looking for expansion Mumbai
    Establishment year 1977
    Franchising Launch Date 2018
    Investment size
    Space required 400
    Franchise Outlets -NA-
    Franchise Type -NA-
    Headquater Mumbai Mumbai
  • Others Food Service
    About Us: Wicked China is a place that serves up Chinese..
    Locations looking for expansion Maharashtra
    Establishment year 2000
    Franchising Launch Date 2018
    Investment size Rs. 2 Cr. - 5 Cr
    Space required 2500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Do you have a keen interest in education? Do you..
    Locations looking for expansion Karnataka
    Establishment year 2005
    Franchising Launch Date 2008
    Investment size Rs. 5lac - 10lac
    Space required 1500 sft to 2000 sft
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Karnataka
Insta-Subscribe to
The Franchising World
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts