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India, China to boost emerging economies

India, China to boost emerging economies

March 1st, 2012 in News

NEW DELHI (AP) - Indian and Chinese foreign ministers have met to prepare for a summit of leaders of five emerging economies that are pushing for a bigger voice in global financial affairs.

Brazil, Russia, India, China and South Africa are members of the BRICS grouping that was set up nearly six years ago. India's External Affairs Ministry spokesman Syed Akbaruddin said Thursday that the fourth BRICS summit will be held March 28-29 in New Delhi.

The BRICS agenda encompasses climate change, food and energy security, sustainable development, the international financial crisis and international terrorism.