Chinese President Xi Jinping arrived in Brazil on Sunday to attend the G-20 summit. PM Modi has arrived in Brazil before the Chinese President. It is expected that a meeting between the two leaders may take place during the G20 summit.

China engaged in improving relations with India

In a statement, Xi said he looked forward to exchanging views with the Brazilian president on further enhancing ties between the two countries, Xinhua news reported. The two leaders met on the sidelines of the BRICS summit in Russia.

A new beginning in India-China relations? 

According to the information, economic development, climate crisis and international trade will be discussed in the meeting. The world will be watching the meeting of the heads of the two powerful Asian countries. India-China trade has touched the figure of $ 135 billion in 2022. There is a lot of scope for improvement in the economic partnership between the two countries.

What did S Jaishankar say after resolving the border dispute?

This meeting between the two leaders is going to take place after resolving the dispute with China on the Line of Actual Control (LAC) in eastern Ladakh.

After resolving the border dispute between the two countries over the LAC, External Affairs Minister S Jaishankar recently said that it is reasonable to expect some improvement in relations between India and China after the final round of military withdrawal, but hesitated to say that this move alone could return the relationship between the two neighbouring countries to its old form.

The Foreign Minister had said in the program that I see the disengagement of the armies as just their withdrawal, nothing more and nothing less than that. Let us tell you that both the sides also started their patrolling activities on the border after a gap of about four and a half years.

How important is the G20 summit? 

Heads of government started arriving in Rio de Janeiro on Sunday for the G-20 summit. In this summit, there will be discussions on issues ranging from poverty and hunger to reforms in global institutions for two days.

Although COP29 is tasked with agreeing on a target to raise hundreds of billions of dollars to tackle climate change, the release of the money is in the hands of G20 leaders. G20 countries account for 85 percent of the global economy and are the biggest contributors to multilateral development banks that help fund climate change.

They are also responsible for more than 75 percent of greenhouse gas emissions worldwide. UN climate chief Simon Steele wrote to G-20 leaders on Saturday urging them to act on climate finance, including by increasing grants for developing countries and pushing forward reforms of multilateral development banks.