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2012 BRICS Leaders Meeting
Globaltimes.cn | March 28, 2012 17:01
By Globaltimes.cn
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     Latest  News

Brics

BRICS strike note of concern at summit
The one-day BRICS summit in New Delhi took place on March 29 with a joint declaration expressing concerns on a range of international issues such as IMF reform and the situation in the Middle East and North Africa. The declaration is a move to voice the growing influence of these rising powers, analysts say.

BRICS' report issued at New Delhi Summit
A BRICS' report, focusing on the growth prospects, synergies and complementarities among the five large emerging economies, has been issued on March 29 here as one of the outcomes of the fourth BRICS Summit.

Chinese president leaves Seoul for BRICS summit in New Delhi
Chinese President Hu Jintao left Seoul Wednesday for New Delhi after attending the Seoul Nuclear Security Summit. In New Delhi, Hu will participate in a meeting of Brazil, Russia, India, China and South Africa, or BRICS, scheduled for March 28 and 29.

BRICS seek unity, influence at New Delhi summit
The leaders of BRICS countries gather in New Delhi on March 28 for their fourth summit, and they will also hold private talks, with the emerging market bloc struggling to convert its growing economic strength into collective diplomatic clout.

BRICS to Discuss Bigger Role in Economic Revival
BRICS members will discuss how to expand the bloc's role in reviving the global economic growth at the upcoming summit in New Delhi on March 28.

     Hot  Topics

South-South" bank among the BRICS countries

India's BRICS Bank Proposal to Top Agenda at Delhi Summit
Experts say that India's proposal to set up a bank of the BRICS nations is expected to top the agenda of this year's BRICS summit to be held Thursday in the national capital particularly in the wake of the global financial crisis since 2008.

New BRICS bank crucial to African development: Expert
With the establishment of a development bank to be on the agenda in the Fourth BRICS Summit on March 28 and 29, South African Frontier Advisory (FA) said the creation of the new BRICS bank will be crucial to Africa.

Other topics

The leaders will also have in-depth discussions on Syria, the Iranian nuclear crisis or Europe's debt problems.

     BRICS  Voices

                             China hopes BRICS summit to find new impetus for global economic recovery
                                                
At the fourth BRICS Summit, to be held in New Delhi late this month, China
                                                 is looking forward to promoting bigger and constructive role of BRICS
                                                 nations in international affairs and relaxation of regional tension so
                                                 to maintain stability.


                             India expects more weight on BRICS ahead of New Delhi summit
                                               
India are expecting the Fourth BRICS summit to be held in New Delhi on
                                                March 28-29 to add more weight on the emerging group as it is taking
                                                place amid the world economic downturn.


                             Russia Seeks Closer Practical Co-op within BRICS
                                               
Russia is going to focus on closer practical cooperation among BRICS
                                                countries during the upcoming summit in New Delhi, presidential aide
                                                Arkady Dvorkovich said on March 23.


                             S. Africa to back Renminbi as international currency in BRICS Summit
                                               
The South African government will take some steps in the BRICS Summit
                                                to challenge the U.S. dollars' supremacy in the world financial
                                                structure, especially in the trade and investment in the emerging markets.


                             Brazil hopes to see BRICS importance grow at int'l stage
                                               
Brazil hopes to see the countries of BRICS, Brazil, Russia, India, China
                                                and South Africa, strengthen as their importance grows on the
                                                international stage, a Brazilian diplomat said.


     View  Points

Benefits, not values, define BRICS unity
 "The mission of the BRICS is not directly related to values. After all values are not central to today's world." - GT editorial

Backing India's BRICS hopes helps whole group's credibility
"The Indians are proposing a BRICS bank because their country doesn’t have adequate funds for development." - Liu Zongyi, a research fellow of Center for South Asia Studies at Shanghai Institutes for International Studies.
                                                                                                                                             
BRICS can lead whole global South in quest for financial justice
"BRICS should also work for a Development Bank for the entire global South including the least developed countries." - Swaran Singh, a professor with Jawaharlal Nehru University, New Delhi.

Concrete cooperation seen as key issue for future BRICS development
"Cooperation among BRICS countries, which is still at early stage, should focus more on concrete projects in the future to better facilitate development of this young and energetic mechanism." - Li Zhongmin, a research fellow specializing in BRICS countries' research from the Chinese Academy of Social Sciences.

 Summits  Review

Brics
Third BRICS Leaders Meeting

 April 14, 2011 - Sanya, China

◆BRICS set out global agenda
BRICS nations stated the financial crisis had exposed the inadequacies of the current monetary order, with the dollar as its linchpin.

In a joint communiqué named the Sanya Declaration, they called for the implementation of "a broad-based international reserve currency system providing stability and certainty."

Brics
Second BRIC Leaders Meeting

 April 15, 2010 - Brasilia, Brazil

Compared with their first summit in Russia last year, leaders of BRIC countries (Brazil, Russia, India, China) spoke louder about promoting cooperation within the four countries at their second meeting.

Brics
First BRIC Leaders Meeting

  June 16, 2009 - Yekaterinburg, Russia

The BRIC summit has discussed a wide range of issues from the current financial crisis to some long-term issues such as food, energy security and public health.

At the summit, leaders from Brazil, Russia, India and China discussed ways and measures to deal with the financial crisis.


    BRICS  Statistics

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