BRIC nations call for reform of global financial system
The leaders of Brazil , Russia ,
India and China (BRIC) concluded a summit in the Brazilian capital of
Brasilia on April 15 with calls for urgent reforms to the global
financial system, including the voting powers at the World Bank.
The leaders of Brazil, Russia,
India and China (BRIC) concluded a summit in the Brazilian capital of
Brasilia on April 15 with calls for urgent reforms to the global
financial system, including the voting powers at the World Bank.
The day-long summit, the second of its kind after the first in Russia in June 2009, brought together Brazilian President Luiz Inacio Lula da Silva, Russian President Dmitri Medvedev, India Prime Minister Manmohan Singh and Chinese President Hu Jintao.
The leaders discussed a range of issues related to the world’s economic situation, the Group of 20, the reform of global financial organisations, climate change and dialogue and cooperation amongst BRIC countries. They also touched upon matters regarding Iran ’s nuclear programme.
As emerging economies, the BRIC countries account for over 40 percent of the world’s population and 16 percent of its gross domestic product. The nations have given global economic growth an added momentum./.
The day-long summit, the second of its kind after the first in Russia in June 2009, brought together Brazilian President Luiz Inacio Lula da Silva, Russian President Dmitri Medvedev, India Prime Minister Manmohan Singh and Chinese President Hu Jintao.
The leaders discussed a range of issues related to the world’s economic situation, the Group of 20, the reform of global financial organisations, climate change and dialogue and cooperation amongst BRIC countries. They also touched upon matters regarding Iran ’s nuclear programme.
As emerging economies, the BRIC countries account for over 40 percent of the world’s population and 16 percent of its gross domestic product. The nations have given global economic growth an added momentum./.
You should also see
Vietnam an attractive destination for electronics, semiconductor investors: Official
Vietnam has strong infrastructure and research and development incentives as well as a skilled workforce, making it an attractive for “eagles” worldwide in the electronics and semiconductor industry, according to Deputy Minister of Planning and Investment Tran Duy Dong.
See more
World
Thailand gives financial support to Laos for road maintenance
The Thai cabinet has approved 1.8 billion THB (about 48.8 million USD) in financial assistance for the Lao Government to maintain and improve Highway R12, shortening the travel time from Thailand’s Nakhon Phanom province, through Laos, to the Vietnamese border in central Quang Binh province.
World
Indonesia develops sustainable tourism
Indonesia has been working to realise its goal of building a quality, sustainable and environmentally friendly tourism industry.
World
Vietnam to have many opportunities from digitalisation, green transformation: IMF
The International Monetary Fund (IMF) has forecasted that Vietnam will have many opportunities from digitalisation and green transformation, according to IMF Asia and Pacific Department Director Krishna Srinivasan.
World
Thailand’s EV sales forecast to miss target
Electric vehicle (EV) sales in Thailand may fail to reach the estimate of 130,000 units this year as prices are likely to keep changing, according to Hyundai Mobility Thailand.
World
Thailand, EU hope to sign FTA in mid-2025
Before the Songkran holiday, senior officials from Thailand and the European Union (EU) met in Bangkok to discuss ways to promote their relationship, including the framework of the Free Trade Agreement (FTA), green transformation, and Schengen visa waiver, Thai media has reported.
