March 26, 2o11
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BRICS think-tanks call for closer economic ties
Think-tanks from five major developing economies are now calling for closer economic ties among the BRICS countries, just ahead of the group’s summit in Hainan, China next month. BRICS countries include China, Brazil, India, Russia and South Africa.
International relations expert Jin Canrong from China’s Renming University says, despite booming economies, the five countries still do not have enough say in global economic dialogues.
“The top agenda of the next summit is still the economy, and especially the top ten topics talked about at this year’s G20 summit in France. For instance, the fluctuating raw material prices, and the possibility of giving an index for economic imbalance – those are all important.” Samir Saran, senior researcher with India’s Observer Foundation, says the BRICS countries could find more shared interests economy-wise. “For the BRICS countries, there is still enough room to enhance their cooperation in energy, electricity, food security, agriculture and technology. Also, the five countries could learn from each other regarding eliminating poverty, improving healthcare and education.”