The 14th summit of BRICS nations - Brazil, Russia, India, China and South Africa - will be hosted by Chinese President Xi Jinping here on June 23 via video link and would be followed by a high-level dialogue on global development the next day, the Foreign Ministry announced here on Friday.

China is this year's chair of the BRICS.

Prime Minister Narendra Modi along with Russian President Vladimir Putin, Brazilian President Jair Bolsonaro and South African President Cyril Ramaphosa are expected to take part in the summit to be hosted by Chinese President Xi.

The Summit will be held in virtual format under the theme of ‘Foster High-quality BRICS Partnership, Usher in a New Era for Global Development', Foreign Ministry spokesperson Hua Chunying said in a statement.

BRICS leaders and leaders of "relevant" emerging markets and developing countries will also attend a high-level dialogue on Jun 24 and hold a dialogue on ‘Foster a Global Development Partnership for the New Era to Jointly Implement the 2030 Agenda for Sustainable Development', Hua said in a statement on Friday.

Xi will also take part in the opening ceremony of the BRICS Business Forum in virtual format on June 22 and deliver a keynote speech, she said.

In the run-up to the summit, China held a series of preparatory meetings, including the BRICS Foreign Ministers meeting followed by a meeting of the National Security Advisors (NSAs).

India's NSA Ajit Doval took part in the BRICS top security officials meeting held virtually on Wednesday.

The top security officials of the five countries held an in-depth exchange of views and reached a consensus on issues such as strengthening multilateralism and global governance and responding to new threats and challenges to national security, according to the Chinese official media report.

Doval called for bolstering cooperation against terrorism without any reservations as he addressed the meeting of the five-nation grouping.