Diplomacy must to solve conflicts: 

Diplomacy must to solve conflicts: 

Context

• Prime Minister Modi and President Xi are expected to hold a one-on-one meeting during the ninth BRICS summit at Xiamen

Doklam Issue

• With military tensions between India and China finally coming to an end, the meet might focus
• The agenda for the meet shall be aimed at “peace and development” of the five emerging countries.
• Mr. Modi is scheduled to hold a meeting with nine other countries, including BRICS partners, during an Emerging Markets and Developing Countries Dialogue

BRICS bank

• The New Development Bank (NDB) of the world’s five emerging economies has begun construction of a state-of-the-art headquarters in Shanghai, symbolising the rise of the grouping in revamping the world’s financial architecture.
• Prior to the meeting, Beijing focused on highlighting the maturing of the BRICS institutional architecture.

De-linking Belt-Road

• India’s disagreement to any formal docking of China’s Belt and Road Initiative with the BRICS as part of an end-of summit document in Xiamen.
• China’s proposal for establishing a BRICS arrangement where the host country of the summit is free to invite non-members is likely to be endorsed at Xiamen.