'- Russian President Vladimir Putin to Virtually Attend BRICS Summit amid ICC Warrant - South Africa, an ICC Member, to Witness Participation'

"South African government dismisses rumors of Indian PM Modi's absence at BRICS summit, emphasizes importance of global cooperation and economic growth."

In a recent article published by The Print, it was rumored that Indian Prime Minister Narendra Modi would not be attending the BRICS summit. However, the South African government has swiftly dismissed these rumors, stating that Modi will indeed be in attendance.

These rumors began circulating after a phone call between South African President Cyril Ramaphosa and Modi. However, the South African Minister of International Relations and Cooperation, Naledi Pandor, clarified that the phone call had been planned in advance and was unrelated to the rumors surrounding Modi's attendance.

The BRICS summit, which brings together the leaders of Brazil, Russia, India, China, and South Africa, serves as a crucial platform for discussing global issues and fostering economic cooperation. This year, due to the ongoing COVID-19 pandemic, the summit will be held virtually.

In addition to the summit, the South African government is hosting a content-rich BRICS Business program. This program aims to promote economic growth, collaboration, and investment opportunities not only within South Africa and Africa but also among all the BRICS countries. Business councils from each of the BRICS nations are expected to send large delegations to participate in sector-focused visits to various regions of South Africa.

During the summit, the BRICS leaders will engage in discussions regarding the potential for inclusive global recovery and sustainable development. The president of the New Development Bank (NDB) will also provide a report, highlighting the bank's role in providing financial support for infrastructure and sustainable development in emerging markets and developing countries.

Established in 2015, the NDB has recently welcomed new members including Bangladesh, Egypt, the UAE, and Uruguay. This expansion has solidified the NDB's position as a preferred global financing mechanism for emerging markets and developing countries.

The South African government emphasizes that the BRICS countries play a central role in global recovery. One of the primary objectives of BRICS membership is to leverage political and economic relations to tackle the triple challenges of inequality, poverty, and unemployment.

To summarize, the South African government has swiftly dismissed rumors regarding Modi's non-attendance at the BRICS summit. This virtual summit provides a crucial platform for discussing global issues and promoting economic cooperation among the BRICS countries. Additionally, the South African government's hosting of the BRICS Business program aims to foster economic growth and collaboration. The expansion of the New Development Bank further strengthens the BRICS countries' position in global financing for infrastructure and sustainable development.

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