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Summit in Ufa is step forward for BRICS — Russia’s deputy foreign minister

May 22, 2015, 15:38 UTC+3 MOSCOW
"We hope results of the discussions at the Academic Forum today and tomorrow will be presented to the BRICS leaders during the summit in Ufa on July 8-9," Russia’s Deputy Foreign Minister said
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Russia’s Deputy Foreign Minister Sergei Ryabkov

Russia’s Deputy Foreign Minister Sergei Ryabkov

© Sergei Fadeichev/TASS

MOSCOW, May 22. /TASS/. The upcoming summit in Ufa will be a step forward in establishment of BRICS as a very influential international union, Russia’s Deputy Foreign Minister Sergei Ryabkov told reporters on Friday.

He said "by the summit in Ufa, will be ready good suggestions for the attention of the leaders."

"It [summit] will be a step forward in establishment of BRICS as a very influential international union, as demonstration of multi-polarity, as a symbol and instrument of democratic approaches to international relations, where of absolute respect is national identity, where decisions are not imposed from outside but are offered in joint efforts."

The Russian representative thanked the BRICS researchers and academicians for their "academic input in activities of BRICS."

"We hope results of the discussions at the Academic Forum today and tomorrow will be presented to the BRICS leaders during the summit in Ufa on July 8-9," he said. "We can see a very deep analytical, creative, scientific work you are doing - I would say under the intellectual leadership of Russia - at research centres in all the member countries."

BRICS is a union of five countries: Brazil, Russia, India, China and South Africa (till South Africa joined the organisation in 2011, it was called BRIC). The union was established in June, 2006. Since then, summits are organised every year - the member countries are hosting them in turn.

The BRICS countries collectively represent about 26% of the world’s geographic area and are home to 42% of the world’s population. In 2013, the share of the BRICS countries reached 16.1% in global trade, 10.8% in military spending and 40/2% in production of non-renewable energy resources. The BRICS consumer market is the largest in the world and is growing by $500 billion a year.

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