🤝 China’s Xi & India’s Modi Hold Landmark Meeting at 18th BRICS Summit

• Strategic Consensus: Chinese President Xi Jinping and Indian Prime Minister Narendra Modi met at the 18th BRICS Summit in New Delhi, agreeing that the two nations must act as strategic partners rather than rivals, framing each other's growth as a mutual opportunity. • Economic & Trade ties: Highlighted that bilateral trade has reached a new record high. President Xi emphasized addressing economic concerns in a balanced manner to promote steady development across trade and investment, direct flights, and people-to-people exchanges. • Key Directives for Bilateral Growth: • Objective perception: Prioritize common development interests over threats. • Win-win cooperation: Focus on economic synergies, regional infrastructure, and trade flows. • Managing border issues: Maintain peace in border regions while advancing economic ties. • Multilateral coordination: Strengthen joint participation in BRICS, UN, SCO, and G20 to drive Global South stability and global economic multipolarity. • Global South Impact: Reflecting interests for over 2.8 billion people, the commitment to deeper economic and diplomatic stabilization between Asia’s two largest economies provides key trade and stability implications for neighboring South Asian markets, including Sri Lanka.