LIVE: PM Modi seeks early creation of BRICS rating agency

New Delhi, Sep 4: The BRICS plenary session begins in Xiamen and leaders from across the world are attending the event.

Chinese President Xi Jinping on SUnday called on BRICS countries to adopt a holistic approach to fight terrorism in all its forms and address both its "symptoms and root causes" so that terrorists will have no place to hide. During a speech at the opening ceremony of the BRICS Business Forum here, Xi asked BRICS countries -- Brazil- Russia-India-China-South Africa -- to take a constructive part in the process of resolving geopolitical hotspot issues and make due contributions.Here are the LIVE updates:

-PM Modi seeks early creation of BRICS rating agency to cater to financing needs of corporate entities of developing countries

-Our Central Banks must further strengthen their capabilities & promote co-operation between the Contingent Reserve Arrangement & the IMF

-BRICS countries can work closely with ISA to strengthen the solar energy agenda: PM Modi

-We are in mission-mode to eradicate poverty; to ensure health, sanitation, skills, food security, gender equality, energy, education:PM Modi

-NDB has started disbursing loans in pursuit to mobilize sources of infrastructure and sustainable development in BRICS countries: PM Modi

-NDB has started disbursing loans in pursuit to mobilize sources of infrastructure and sustainable development in BRICS countries: PM Modi

-Cooperation important for peace and development: PM Modi at the BRICS Plenary Session in Xiamen, China

-We have a mission to ensure health, sanitation, food security, gender security and technological development: PM Narendra Modi

-Prime Minister Narendra Modi is addressing the Plenary session at the BRICS Summit

-BRICS plenary session begins in Xiamen, leaders attend

-Without our participation, many pressing global challenges cannot be effectively resolved: Chinese President Xi Jinping

-As the world undergoes profound changes, BRICS cooperation has become more important: Chinese President Xi Jinping

-Despite our differences in national conditions, our 5 countries are in similar stage of development and share same development cause: Xi Jinping.

-We should speak with one voice and jointly present our solutions to issues concerning international peace & development: Chinese President.

-hina to launch plan for BRICS countries with 500 mn Grand to facilitate policy exchange&practical cooperation in economy&trade:Chinese President.

-Pleased to note important consensus reached at leadership level on closer people to people exchanges, being translated into reality: Chinese President

-China to contribute US$4mn to NDB project preparation facility to support business operation and long term development of the bank: Chinese President

-Our ever closer ties with rest of the world require that we 5countries play a more active part in global governance: Xi Jinping

News24Bureau