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Rosneft and CEFC China Energy Company have inked a cooperation agreement for joint energy exploration in Siberia.
The five leaders are holding closed-door discussions following the plenary meet.
Putin is in the southeastern Chinese coastal city of Xiamen to attend the ninth BRICS summit from Sept. 3-5.
In the past 10 years, BRICS combined GDP has grown by 179%, the Chinese President said.
The 9th annual BRICS summit is being held from Sept. 3 to Sept. 5.
A sort of “BRICS friends club” may emerge to help these countries to cooperate with BRICS on economic and political bases, writes a former Russian diplomat.
China's Xiamen is gearing up to hold the 9th BRICS Summit in the three days up to September 5.
"NDB signifies developing countries’ coming of age and reflects their aspirations to stand on their own feet."
India's gross domestic product grew 5.7 per cent in the latest quarter.
Government initially pegged 4-5 trillion rupees not to return.