The BRIC-Think Tank Summit started in the Brazilian capital Brasilia with a call for more cooperation among the participants of the group. Representatives of the main research institutes of Brazil, Russia, India and China said that although trade among the four countries has improved significantly in the past few years, it can increase even more. They said that the international financial crisis offered an opportunity for the BRIC countries to help build a more inclusive world. The representatives criticized the concentration of political, economic and military power in the hands of a few countries, and called for more participation of the BRIC members in the global governance organizations, in order to reflect the new multi-polar reality of the world. Secretary-general of Brazil's Ministry of Foreign Affairs Antonio Patriota also stressed that the BRIC countries will not ignore the needs of other countries in the world.He said that the BRIC countries will not repeat the mistakes of the past and will pay attention to the needs of the "G172, or the countries that do not belong to the G20, as well.Later, the four countries' representatives will discuss the BRIC's role in the international financial crisis and their stance on the climate change issue. Discussions on foreign direct investment, technology and global governance organizations will also take place.
News On AIR | April 15, 2010 8:50 AM
BRIC-Think Tank Summit begins with call for more cooperation in trade sector