BRICS to rise and change int'l relations: expert

08:24, April 13, 2011      

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The BRICS bloc, comprised of Brazil, Russia, India, China and newcomer South Africa, would restructure international economic and diplomatic relations in the next 10 to 15 years, an Argentine expert said Monday.

BRICS' rise would be difficult to be reversed in 10 to 15 years, and it would restructure the global pattern of economy, trade, and diplomacy, said Mariano Turzi, professor at Torcuato De Tella University in Buenos Aires.

"Whatever they (BRICS nations) decide will affect everybody, from the United States to Ethiopia, and from France to Haiti," he told Xinhua.

He said, however, BRICS would not seek to change the trend of globalization or redistribution of power. Instead, the bloc would act as a platform for emerging economies to step up their coordination or for them to talk with developed nations, he said.

By doing so, the BRICS would not confront with developed countries, and would attract more emerging economies, he said.

Close cooperation and dialogues among the BRICS nations would deepen South-South cooperation, change the game rule of international finance and trade, and gain the developing countries more right to speak, he said.

As an expert on international affairs, Turzi has long been studying emerging economies, and his new book "Who are BRICS?" will be published soon in Argentina.

Leaders from the BRICS nations will meet in China's southern Hainan island Thursday to discuss a host of issues such as renewable energy, climate change, economic growth as well as security concerns.

Source: Xinhua
 
 
     
 
 
 
     
 
 
 
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