Chinese President Xi Jinping and leaders of the other major emerging economies met a group of African leaders in Durban, South Africa, Wednesday to discuss cooperation between the BRICS nations and Africa.
The Fifth BRICS Summit in Durban, South Africa, proves the group is developing into a global force able to tackle a range of economic and political issues.
BRICS summit ends in S. Africa
Development bank set to aid infrastructure
Xi attends BRICS Leaders-Africa Dialogue Forum
Xi sets out vision for bilateral ties Special
The BRICS nations have agreed to enter into negotiations on the establishment of a development bank to finance infrastructural development in their countries, South African President Jacob Zuma announced on Wednesday.
Chinese President Xi Jinping on Wednesday urged BRICS business communities to seize the opportunities presented by the development of their countries.
Chinese President Xi Jinping and leaders of four other major emerging economies gathered here on Wednesday for the fifth BRICS summit to promote cooperation.
> BRICS summit kicks off in Durban BRICS nations to establish development bank Xi sets out vision for bilateral ties Special
Chinese President Xi Jinping attended here Wednesday a breakfast meeting between political and business leaders of BRICS.
Exports from Guangdong province to Africa rose 23.1 percent year-on-year to $2.3 billion and imports from the continent to Guangdong doubled to $5.17 billion in the first two months of the year.
Chinese President Xi Jinping attended here Wednesday a breakfast meeting between political and business leaders of BRICS.
The currency-swap agreement of Brazil and China signed Tuesday will guarantee bilateral trade over the coming years, Brazil's Central Bank governor Alexandre Tombini said.
The framework of BRICS is a strategically significant platform for emerging economies to coordinate their stances, says a Brazilian writer.
With 42 percent of the world's population and 30 percent of the world's territory, BRICS member countries are constantly proving what they can achieve by teaming up and capitalizing on their respective strengths.
BRICS members should create a free trade agreement to increase the power and voice of emerging economies in the world economy, Chinese experts say.
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