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Talks on creating development bank, reserve currency pool within BRICS successful

Talks on creating a development bank and a reserve currency pool within BRICS (Brazil, Russia, India, China and South Africa) are successful, the Russian Foreign Ministry reported on Thursday.

"Russia took an active part in informal structures of global government and contributed to strengthening BRICS," the ministry said.

"In Durban on March 26-27 the summiteers revealed the commonness of positions on key global issues -- the Syrian crisis, Iran's nuclear program, the Middle East settlement and the non-proliferation of weapons of mass destruction. Progress was achieved to work out a strategy on BRICS development," the ministry said.

"Russia initiated preparations for a strategy on multilateral economic cooperation of the BRICS member-states," the ministry said.

[Source: Ria Novosti, Moscow, 26Dec13]

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small logoThis document has been published on 30Dec13 by the Equipo Nizkor and Derechos Human Rights. In accordance with Title 17 U.S.C. Section 107, this material is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes.