"A thorough exchange of views took place on the development and strengthening of the strategic partnership of the five states," read a statement issued by the Russian Embassy in India.

During the meeting, discussion was also held on the plans for the institutional development of the association.

" Topical issues pertained to preparation for the upcoming XV BRICS summit in Johannesburg on August 22-24 were discussed as well," read the statement.

Indian External Affairs Minister S Jaishankar also participated in the event and tweeted: " A useful conversation for taking the BRICS agenda forward. And preparing for the summit meeting."

BRICS is a grouping of the world economies of Brazil, Russia, India, China and South Africa formed by the 2010 addition of South Africa to the predecessor BRIC.