BRICS-2014 Brazil-----------Dilma Rousseff ------President Russia---------Vladimir Putin -------President India India ----Narendra Modi---------Prime Minister China------------Xi Jinping----------------President South Africa----Jacob Zuma----------President The 6th BRICS summit is the sixth annual diplomatic meeting of the BRICS, a grouping of major emerging economies that includes Brazil, Russia, India, China and South Africa. It is hosted by Brazil, as the first host country of the current five-year summit cycle; the host city is Fortaleza. Though Brazil hosted a four-member BRIC summit in April 2010, 2014 will mark its first full BRICS summit; the 2010 summit in Brasília did not officially include South Africa, who were only invited as guests in a prelude to full membership, which they achieved in December 2010 Most importantly, the New Development Bank was officially inaugurated. ..>The BRICS Development Bank was due to be inaugurated and Shanghai was selected as its headquarters. On 15 July, the group signed a document to create the US$100 billion BRICS Development Bank and a reserve currency pool worth over another US$100 billion. Documents on cooperation between BRICS export credit agencies and an agreement of cooperation on innovation were also signed
Posted on: Wed, 16 Jul 2014 17:14:21 +0000
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