BRICS countries confer at G20 summit

Updated: 2013-09-05 20:11

By WU JIAO in St Petersburg (chinadaily.com.cn)

The leaders of the BRICS nations — Brazil, Russia, India, China and South Africa — met on Thursday on the sidelines of the G20 summit in St Petersburg, Russia.

The leaders were expected to coordinate their positions regarding the summit.

Discussions on financial plans, including setting up a development bank and a currency reserve fund, were also expected at the meeting.

Analysts said a currency reserve fund, if set up, will help ease short-term liquidity pressure and safeguard financial stability of major emerging economies.

President Xi Jinping met separately with Russian President Vladimir Putin and Brazilian President Dilma Rousseff earlier on Thursday.

Schedule

President Xi visits Central Asia, attends G20, SCO summits

Sept 3 to 13: Pay state visits to Turkmenistan, Kazakhstan, Uzbekistan and Kyrgyzstan.

Sept 5 to 6: Attend the eighth Leaders' Summit of the Group of Twenty (G20) in St. Petersburg.

Sept 13: Attend the 13th Meeting of the Council of Heads of Member States of the Shanghai Cooperation Organization (SCO) in Bishkek, the capital of Kyrgyzstan.

BRICS countries confer at G20 summit

Updated: 2013-09-05 20:11

By WU JIAO in St Petersburg (chinadaily.com.cn)

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