AGL 40.00 No Change ▼ 0.00 (0%)
AIRLINK 127.11 Increased By ▲ 0.07 (0.06%)
BOP 6.60 Decreased By ▼ -0.07 (-1.05%)
CNERGY 4.51 No Change ▼ 0.00 (0%)
DCL 8.55 No Change ▼ 0.00 (0%)
DFML 41.88 Increased By ▲ 0.44 (1.06%)
DGKC 87.50 Increased By ▲ 0.65 (0.75%)
FCCL 32.50 Increased By ▲ 0.22 (0.68%)
FFBL 64.99 Increased By ▲ 0.19 (0.29%)
FFL 10.36 Increased By ▲ 0.11 (1.07%)
HUBC 109.35 Decreased By ▼ -0.22 (-0.2%)
HUMNL 14.70 Increased By ▲ 0.02 (0.14%)
KEL 5.09 Increased By ▲ 0.04 (0.79%)
KOSM 7.56 Increased By ▲ 0.10 (1.34%)
MLCF 41.50 Increased By ▲ 0.12 (0.29%)
NBP 59.90 Decreased By ▼ -0.51 (-0.84%)
OGDC 192.39 Increased By ▲ 2.29 (1.2%)
PAEL 28.17 Increased By ▲ 0.34 (1.22%)
PIBTL 7.82 Decreased By ▼ -0.01 (-0.13%)
PPL 151.00 Increased By ▲ 0.94 (0.63%)
PRL 26.46 Decreased By ▼ -0.42 (-1.56%)
PTC 16.15 Increased By ▲ 0.08 (0.5%)
SEARL 83.90 Decreased By ▼ -2.10 (-2.44%)
TELE 7.77 Increased By ▲ 0.06 (0.78%)
TOMCL 35.49 Increased By ▲ 0.08 (0.23%)
TPLP 8.10 Decreased By ▼ -0.02 (-0.25%)
TREET 16.25 Decreased By ▼ -0.16 (-0.98%)
TRG 52.92 Decreased By ▼ -0.37 (-0.69%)
UNITY 26.40 Increased By ▲ 0.24 (0.92%)
WTL 1.27 Increased By ▲ 0.01 (0.79%)
BR100 9,991 Increased By 106.9 (1.08%)
BR30 31,161 Increased By 561.2 (1.83%)
KSE100 94,153 Increased By 797.2 (0.85%)
KSE30 29,174 Increased By 243.1 (0.84%)

Brazilian President Dilma Rousseff plans to travel to India next week for a summit of emerging powers and separate talks with Indian leaders on defense and bilateral trade, officials said Thursday. The March 28 summit will bring together leaders of the BRICS (Brazil, China, India, Russia and South Africa) for talks aimed at boosting cooperation among the five nations.
Brazil, India and South Africa have been lobbying to turn their growing economic clout into greater diplomatic influence by securing permanent seats on the UN Security Council. The New Delhi summit will be the fourth since the bloc was formed in 2009. South Africa joined in 2010.
On March 29, Rousseff is to begin an official visit for talks with Indian leaders that will focus on the French Rafale fighter jet, which India has selected for its air force and which Brasilia is considering purchasing. "The exchange of ideas, impressions" on the Rafale "is certainly beneficial for us," Maria Edileuza Fonteneles Reis, a senior foreign ministry official, told reporters. "India and Brazil plan to modernize their fighter aircraft fleet and build nuclear-powered submarines," she noted.
For its air force, Brazil is expected to choose between the Rafale, made by French firm Dassault; the F/A-18 Super Hornet, manufactured by US aviation giant Boeing; and Swedish manufacturer Saab's Gripen jet. The contract for 36 aircraft is valued between $4 billion and $7 billion. Analysts and government sources said India's selection of the Rafale could influence Brazil's choice.
Defense Minister Celso Amorim visited India in February, when the two countries discussed prospects for a "technical military accord." Amorim has said Brasilia may make its decision on the contract in the first half of this year. Last year, Brazil delayed a decision on the purchase following a major budget cut.

Copyright Agence France-Presse, 2012

Comments

Comments are closed.