How Bright Can BRICS Shine?
2011-04-15 00:00

BEIJING, April 14 (Xinhua) -- The third summit of BRICS, which groups Brazil, Russia, India, China and South Africa, is being held in the southern Chinese city of Sanya Thursday, focusing on the international situation, global economic and financial affairs, development issues and internal cooperation.

In order to better estimate how bright BRICS can really shine in the world arena, Xinhua conducted interviews with scholars from China, Brazil, France, South Africa, Argentina and Russia.

They talked about BRICS' significance, identity and possible future enlargement.

SIGNIFICANCE OF BRICS

Mariano Turzi, professor at Torcuato De Tella University in Buenos Aires, said close cooperation and dialogue among the BRICS nations would deepen South-South cooperation, change the game rules of international finance and trade, and give developing countries more rights to speak.

BRICS' rise would be difficult to reverse in 10 to 15 years, and it would restructure the global pattern of economy, trade and diplomacy, he said.