Notwithstanding China's push to have Yuan as an alternate to Dollar for exchange, India was guarded in accepting it Monday, on the eve of Prime Minister Manmohan Singh's visit to China for a five-nation Summit during which the issue could come up. Singh will travel to Sanya, a Chinese coastal resort, Tuesday for the Summit of Brazil-Russia-India-China-South Africa (BRICS) whose main agenda includes international economic and financial situation, multi-polarity of global systems, developmental issues and cooperation among the member countries, particularly in the fields of economy and commerce. South Africa will be joining the grouping of four fastest growing economies, which collectively account for 22 per cent of the global GDP, at Sanya to make it a five-nation body.
On the sidelines of the BRICS Summit, Singh will have bilateral talks with Chinese President Hu Jintao, Russian President Dmitry Medvedev, Brazilian President Dilma Rouseff and South African President Jacob Zuma. During the five-day two-nation tour, Singh will also pay a two-day bilateral visit from 15th April to Kazakhstan where the two countries are expected to sign at least six pacts, including an inter-governmental agreement on civil nuclear cooperation.
On the sidelines of the BRICS Summit, Singh will have bilateral talks with Chinese President Hu Jintao, Russian President Dmitry Medvedev, Brazilian President Dilma Rouseff and South African President Jacob Zuma. During the five-day two-nation tour, Singh will also pay a two-day bilateral visit from 15th April to Kazakhstan where the two countries are expected to sign at least six pacts, including an inter-governmental agreement on civil nuclear cooperation.
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