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BRICS unhappy international financial-economic reform ignores its role - Medvedev

March 29, 2012, 12:06 UTC+3
"I am convinced that a guarantee of the BRICS project’s success may be community of our core interests"
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NEW DELHI, March 29 (Itar-Tass) —— BRICS member countries are not happy that the reforming of the world’s financial-economic system does not consider their role in the global economy, Russia’s President Dmitry Medvedev said on Thursday.

“I am convinced that a guarantee of the BRICS project’s success may be community of our core interests. We are all interested in the reforming of the outdated financial-economic system of the world,” he told a meeting of leaders of the BRICS member countries. “Now, this reform is going on, but not at the pace we would like it to, which is reflected in our draft statement. It /the reform/ still does not consider the role in the global economy the BRICS countries and other emerging markets’ states play.”

The Russian president stressed the BRICS’ economies add to each other and spoke about the similar challenges the societies are facing, including the challenges connected with the necessity to modernize many spheres of social life.

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