Bric countries mull political alliance, to meet today

Bric countries mull political alliance, to meet today
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First Published: Thu, May 15 2008. 11 33 PM IST
Updated: Thu, May 15 2008. 11 33 PM IST
Berlin: First came the booming economies. Then came the rush of investors. Now the so-called Bric nations—Brazil, Russia, India and China—are talking of a political alliance.
Their foreign ministers are to meet in Yekaterinburg, Russia, on Friday. On the agenda are such non-economic issues as weapons proliferation, counter-terrorism, energy and climate change.
Russia and China, both permanent members of the UN Security Council, have played key roles in asking Iran to rein in its nuclear programme. China also has been influential in the six-party talks aimed at persuading North Korea to abandon its nuclear weapons programme.
Russia wants Bric to become a “notable factor in multilateral diplomacy”, to help strengthen “multi-polarity”, acting Russian foreign ministry spokesman Boris Malakhov said in a statement. He said Moscow saw the talks as a way to bring the four countries closer on the world stage.
“Through this informal arrangement, the four nations will understand each others’ policies, discuss common factors and issues and leverage their positions through dialogue,” said Sujit Dutta, a strategic analyst at Institute for Defence Studies and Analyses, a New Delhi-based research institution. “With this forum, they will try to raise their global profile.”
Bloomberg
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First Published: Thu, May 15 2008. 11 33 PM IST