Thursday 18 July 2013

Global Crisis has given BRICS economies greater prominence on the WTO

The global financial crisis since 2008 has given BRICS economies greater prominence on the world stage, World Trade Organization (WTO) Director General-elect Roberto Azevedo said Wednesday.
BRICS countries need to make their participation in multilateral fora and organizations a state policy as the crisis has also brought greater responsibilities in relation to development and cooperation policies, he told a seminar on development in Brazil's capital Brasilia.
Emerging countries are "one of the main focal points of the global scenario," he said, adding that their development policies are being watched carefully.
Source  Xinhua

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