National / World

`BRICS bank expected to improve cooperation'


Addis Ababa, Mar 22 (IANS): Establishing a Development Bank of BRICS will enhance cooperation, Brazilian ambassador to Ethiopia Isabel Christina Heyvaert has said.

In an interview to Xinhua, the ambassador said the BRICS summit in Durban March 26-27 would be deliberating on various issues including health, infrastructure, agriculture, energy and climate change.

"One of the hot issues that are going to be discussed in Durban now for the next conference is the creation of bank of development of BRICS. The idea is to create fund to improve the cooperation with the developing countries.

"Of course it is going to enlarge very much the cooperation of these five countries with the all developing countries," she said, in reference to the grouping of China, India, Russia, Brazil and South Africa.

According to the ambassador, members of BRICS share experiences in various sectors with other countries.

Brazil has been successful in the agriculture sector and is willing to share its experience with the developing countries.

Asked about cooperation between China and Brazil, the ambassador said the two countries work together in areas including advanced technology, agriculture, health and research and could further strengthen their relations.

"There are many areas where we can work together, as in the sectors of agriculture of high technology. Concerning the latter, China is very much advanced.

Leave a Comment

Title : `BRICS bank expected to improve cooperation'


 
 
 
 

 
You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.


Security Validation

Enter the characters in the image