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Prime Minister Narendra Modi has arrived in Russia on a three-day visit to attend two key summits, viz. the seventh meeting of the BRICS and later, a meeting of the Shanghai Cooperation Organisation, or SCO in the city of Ufa. He is expected to meet the Chinese President Xi Jinping today and the Pakistan's Prime Minister Nawaz Sharif on Friday, July 10.
BRICS will launch its new development bank with a $100 billion contingency reserve. The first head of the bank is the noted Indian banker K V Kamath.
India has expressed unhappiness over the proposed $46 billion economic corridor that will pass through the Pakistan-Occupied Kashmir and also over China's support to the Pakistan over the release of the Mumbai attacks mastermind Zaki-ur-Rehman Lakhvi.
"I expect positive outcomes in economic cooperation and cultural ties among the BRICS nations," PM Modi said as he left Delhi.
Everybody is looking for the PM, Modi and Mr Sharif's expected meeting. Officials have not disclosed any of the details and structure of the meeting. PM Modi is expected to raise India's concerns on terrorism, including the release of Zaki-ur-Rahman Lakhvi, the 26/11 mastermind who has walked free earlier this year.