The Results of the BRICS Summit. View from India
... USD is aimed at protecting the BRICS member countries against short term liquidity pressures and global financial shocks. The New Development Bank and Currency reserve pool are the beginning of the end of the old, unjust global financial order dominated ... ... is becoming attractive for many other emerging economies, which aspire to join BRICS. These aspirants include countries like Argentina, Mexico, Turkey, and Indonesia. But expansion of the BRICS does not seem to be a possibility in the immediate future....
28.07.2014