PM to push growth at Durban BRICS Summit

Prime Minister Manmohan Singh on Monday said he looked forward to the 5th BRICS Summit in Durban in finding ways to revive growth, sustain macroeconomic stability and push investments.

Prime Minister Manmohan Singh on Monday said he looked forward to the 5th BRICS Summit in Durban in finding ways to revive growth, sustain macroeconomic stability and push investments.

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In his departure statement ahead of leaving for Durban on Monday, the Prime Minister said he hoped to discuss a host of issues with leaders of other BRICS nations, as also those from Africa invited to the summit, during his bilateral meetings on the margins of the event March 26-27.

"At a time when the world is facing multiple challenges, the Durban Summit provides a useful and timely opportunity to consult and coordinate on a broad range of issues with our BRICS partners," the Prime Minister said.

"We will discuss ways to revive global growth and ensure macroeconomic stability, as well as mechanisms and measures to promote investment in infrastructure and sustainable development," he added.

"India will also urge faster movement on reform of institutions of global political and economic governance. It is important that BRICS continue to consult on developments affecting global peace and security. "