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China is forecast to surpass the US as the world’s largest aircraft market within the next 20 years.
“China had been a significant contributor to the global growth in the past decade,” said Jaitley.
Kishida and Lavrov plan to discuss bilateral and international cooperation, including a peace treaty and economic collaboration.
Putin: "If Russia hadn't been supporting Syria, the situation there would have been worse than in Libya."
If the Workers' Party governments had pushed through structural reforms earlier, it would not have to cut welfare spending now, writes Petrus.
CEOs of Apple, Microsoft, IBM, Boeing, Amazon and Chinese firms Alibaba, Tencent and Baidu are attending the event.
Even though European markets were in the red, stocks and currencies in emerging markets cheered the US Federal Reserve’s decision to postpone a much-anticipated rate hike. BRICS currencies firmed early
Russia has urged BRICS to boost investment to end US monopoly in the information technology sector.
The FOMC also said it feared the effects of global volatility on its efforts to prevent inflation rates from falling.
The two sides inked a contract for the stationing and operation of Russian SM-GLONASS automatic measuring station in Brazil.