The Egyptian President Mohamed Mursi has said that Egypt hopes to join the BRICS group of nations comprising Brazil, Russia, India, China and South Africa. Talking to AIR in Cairo ahead of his visit to India, Mr. Mursi lauded the role of emerging economies like India in achieving high growth rates. He expressed hope that BRICS would one day become E-BRICS when Egypt joins the movement. Mr. Mursi said that he will be visiting Durban to attend the BRICS Summit next week.The Egyptian President also welcomed the idea of a BRICS Bank saying it can support countries to achieve high growth rates and supplement the role of the IMF, World Bank and similar institutions.
Mr. Mursi told that the values and the ideals for which the Non aligned Movement came into existence are still relevant. Mr. Mursi said India and Egypt as the founding members of the movement can give a push to the NAM towards a global governance where peace is the basic premise. On relations with Iran , he told that while Egypt is working to develop its relations with Iran; it will not be at the cost of its relations with the gulf and the Arab countries.Egypt’s President told that Palestinians must get their legitimate rights and urged India to support their cause with the international community.On Israel, he said that Egypt has a peace treaty with Israel and it will abide by all the international treaties .But this treaty was based on achieving comprehensive,just and lasting peace for all which must be established and the rights of Palestinians must be addressed.