BRICS to set up joint bank, backs dialogue on Iran, Syria (Roundup)

admin

New Delhi, March 29 (IANS) Seeking to reinforce their growing economic heft with diplomatic clout, the BRICS grouping Thursday pitched for a bigger voice in global governance institutions, including the UN and the IMF, and told the West that only dialogue could resolve the Iranian nuclear standoff and the Syria crisis. Brazil, Russia, India, China and South Africa, which comprise nearly half the world’s population and a growing share of global GDP, signed two pacts to spur trade in their local currencies. Seeking to create a first BRICS institution, they also agreed on a working group to explore setting up of a joint development bank to promote mutual investment in…

Next Post

CCL: Gomez issues warning, laments postgame dust-up – Major League Soccer

Major League Soccer CCL: Gomez issues warning, laments postgame dust-upMajor League SoccerHe also lamented the postgame brawl, calling it a shame and saying it's not the type of thing you want to see on the soccer field. Gomez did, however, stick up for Quintero, who received a red card after […]