Speaking at the informal BRICS leaders' meeting in Osaka, on the sidelines of the G20 Sumit, Prime Minister Narendra Modi said that there is a need to stop all the mediums of support to terrorism and racism.
Modi, who is in Johannesburg to attend the BRICS Summit, met Xi for the third time in nearly three months on Thursday evening.
The Prime Minister further underscored the high-skill but temporary work will be the new face of employment and that the Fourth Industrial Revolution will have more importance than the capital.
Modi arrived here from Uganda's capital Kampala, the first bilateral tour by an Indian prime minister since 1997.
'There is no 'safe haven' for terrorists on our soil'
This is the prime minister's last official engagement before flying off to Myanmar on a bilateral visit.
The declaration said the members nations will work for promoting a more equitable, pro-growth and efficient international tax environment
The two leaders met in this southeastern Chinese city on the sidelines of the BRICS Summit.
The grouping expressed concern over the security situation in the region and violence caused by the Taliban, ISIS, Al-Qaida and its affiliates including Lashkar-e-Taiba, Jaish-e-Mohammad and the Haqqani network.
He also called for the creation of a BRICS rating agency to cater to financing needs of sovereign and corporate entities of developing countries.
There is an uncertainty over Prime Minister Modi's one-on-one meeting with the Chinese President as his schedule includes the plenary session wherein the leaders of the five BRICS countries speak, to be followed by bilateral meetings with the Russian and the Brazilian presidents.
During his two day visit, Modi is also expected to hold a series of bilateral meetings including with Russian President Vladimir Putin and other BRICS leaders.
BRICS - Brazil, Russia, India, China and South Africa - is a grouping of the five emerging economies. The BRICS summit brings together the leaders of these five countries.
'I hold my views, we need to see what is the accounting of the money that has come back to the system.'
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