BRICS nations talk economic reform

Leaders of emerging economies meet in China in bid to increase influence on global agenda.

The leaders of the world’s developing economies have met in Sanya, China for a one-day summit.

The BRICS nations – Brazil, Russia, India, China and South Africa  – have repeatedly called for the reform of the global monetary and financial system and more promises of cooperation among themselves. South Africa joined the bloc as a permanent member in April this year.

The meeting gave this ad-hoc group an opportunity to test its collective strength ahead of an all-important G-20 meeting in France in November and to bring the concerns of developing nations to the top of the global agenda.

Al Jazeera’s Veronica Pedrosa reports

Source : Al Jazeera

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