BRIC countries to boost cooperation

Rising economies Brasil, Russia, India and China (BRIC) have decided to gradually intensify cooperation beginning with consultations at the ambassadorial level and then moving on to political level.

NEW YORK: Rising economies Brasil, Russia, India and China (BRIC) have decided to gradually intensify cooperation beginning with consultations at the ambassadorial level and then moving on to political level.

Consultations will focus on issues of mutual interest in the international arena as also those relating to trade, development and financial system.

The decision was taken during a ministerial meeting of the four countries yesterday on the sidelines of the ongoing United Nations General Assembly session.

External Affairs Minister Pranab Mukherjee, who is leading the Indian delegation at the UNGA, had a series of bilateral meetings with his counterparts during which international issues as also those of mutual interest came up.

During a meting with Afghan Foreign Minister Rangin Sapanta, Mukherjee reiterated India's firm commitment to assist Afghanistan in its efforts to rebuild its economy, especially in infrastructure, and to support capacity building programmes aimed at "Afghan-isation."

The two foreign ministers also reviewed "excellent" bilateral relations and discussed the security situation in Afghanistan. They agreed that it posed a "significant challenge," officials said.
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Besides the Afghan foreign minister, Mukherjee also had in-depth discussions on issues of mutual interest with the foreign ministers of Algeria, Singapore, Cuba, Slovakia, the UAE, Slovenia and Canada.
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