India for closer energy cooperation among BRIC
Describing Brazil, Russia, India and China (BRIC) as a 'unique group' of fastest emerging markets, New Delhi today sought closer quadrilateral cooperation to ensure energy security and development of clean and efficient technologies.
By PTI |
YEKATERINBURG (RUSSIA): Describing Brazil, Russia, India and China (BRIC) as a 'unique group' of fastest emerging markets, New Delhi on Friday sought closer quadrilateral cooperation to ensure energy security and development of clean and efficient technologies.
Addressing the first ever stand-alone ministerial meeting of BRIC here, External Affairs Minister Pranab Mukherjee noted that Russia is one of the largest producers of hydro-carbons and Brazil of bio fuel while India and China are major importers of energy resources for their growing economies.
"Our energy companies could closely cooperate among themselves to play a role in the development of clean and efficient technologies and alternative sources of renewable energy," Mukherjee said.
He said that BRIC is a 'unique group' of fastest emerging markets of the world where over 40 per cent of the humanity lives on 30 per cent landmass of the planet.
The BRIC leaders discussed a whole range of global issues including strategic security, threat of militarisation of space, trans-border crimes and international terrorism as well as economic slowdown in the wake of US sub-prime crisis and new challenges of food crisis and climate change.
Addressing the first ever stand-alone ministerial meeting of BRIC here, External Affairs Minister Pranab Mukherjee noted that Russia is one of the largest producers of hydro-carbons and Brazil of bio fuel while India and China are major importers of energy resources for their growing economies.
"Our energy companies could closely cooperate among themselves to play a role in the development of clean and efficient technologies and alternative sources of renewable energy," Mukherjee said.
He said that BRIC is a 'unique group' of fastest emerging markets of the world where over 40 per cent of the humanity lives on 30 per cent landmass of the planet.
The BRIC leaders discussed a whole range of global issues including strategic security, threat of militarisation of space, trans-border crimes and international terrorism as well as economic slowdown in the wake of US sub-prime crisis and new challenges of food crisis and climate change.
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