Commerce Minister Anand Sharma today said, the BRICS, economies comprising Brazil, Russia, India, China and South Africa have an important role to play in defining the changing global financial architecture.Mr. Sharma said this while addressing the inaugural session of the BRICS Business Forum in New Delhi this morning.He said, the BRICS countries are the engines of growth assisting the global economic recovery, and they should jointly work towards their concerns being heard in the international fore.Mr. Sharma said, the coming together of the five countries have attracted global attention as they have tremendous potential for collective economic prosperity.He called upon the BRICS nations to deepen and diversify the economic partnership to benefit their own people and also to contribute towards faster global economic recovery.He said, the member nations have to set priorities and targets while ensuring free flow of capital, exchange of technology and to create a common platform for enhanced trade and commerce.He said, India is back on the path of achieving higher economic growth rate though it was recently impacted by low demand in the US, Europe and Japan. He said, high international oil prices, import of gold also put the current Account deficit position under duress. Speaking on the occasion the Chinese Commerce minister, Chen Deming said, his country expects to clock 7.5 per cent growth even though a slow down was experienced. Russia's Economic minister Ms. Elvira Nabiullina said, Russia though not a developing country registered 4.3 per cent growth and hopes to regain the growth rate of pre crisis levels. She also favored exchanges of national currency denominations between the BRICS nations for trade. The South African Trade Minister Rob Davis said, his country's economy is closely interlinked with the African continent that has clocked 5.5 per cent growth. He said, Africa has opened up as land of tremendous opportunities for Industrialisation.He said, a 29 percent increase was observed in trade with BRICS nations. Industry minister of Brazil Fernando Pimentel Brazil said, his country looks forward to enhanced economic activity between the BRICS countries.