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News of Ekaterinburg

Ekaterinburg is becoming the birthplace of BRIC

2 июня 2009 21:37

The summit of Brazil, Russia, India and China (BRIC) in Ekaterinburg, in the middle of June 2009 will go down in history, thinks the President of the Fund «Politika», the member of Public Chamber of the Russian Federation Vyacheslav Nikonov.

«The summit of the BRIC countries in Ekaterinburg will allow «the quartet» to institutionalize for the first time and to create a rudimentary bureaucracy. Thus, the BRICs will become a more formalized organization»,- he said at a «round table» meeting entitled «Shanghai discourse: SCO to modern civilization», which took place in Ekaterinburg on Tuesday, 2 June 2009.

According to Vyacheslav Nikonov, the BRIC organization has not currently been formed yet. Last year the first formal meeting of the Foreign Ministers of BRIC countries was also held in Ekaterinburg. «Ekaterinburg is becoming the birthplace of BRIC»,- he said.

Meanwhile, such an organization can prospectively make «a super influential structure, identifying the XXI century be created in the future», emphasized Vyacheslav Nikonov.

Nowadays BRIC countries hold more than a quarter of Earth's land, inhabited by over 40% of the population of the planet, and by the mid-century «they may possess more than half of the world economy», said the political scientist.

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