| Author (Person) | Khandekar, Gauri |
|---|---|
| Publisher | Fundación para las Relaciones Internacionales y el Diálogo Exterior [FRIDE] |
| Series Title | FRIDE Commentary |
| Series Details | No.13, July 2014 |
| Publication Date | 24/07/2014 |
| Content Type | Report |
|
The sixth BRICS Summit – bringing together Brazil, Russia, India, China and South Africa – was held in Fortaleza, Brazil from 14-16 July 2014. The summit marked a step change in the level of ambition of that group, and carries important implications for the future of global economic governance. The summit highlighted East-West and North-South divisions in the emerging global order, and a desire to reshape the Western-dominated global financial system. It also showed the determination of the BRICS to set up alternative forums outside of existing multilateral mechanisms - if existing bodies are not reformed to reflect the growing economic clout and priorities of the BRICS. |
|
| Source Link | Link to Main Source http://fride.org/publication/1210/the-brics-summit-%E2%80%93-coming-of-age? |
| Countries / Regions | Asia, China, Europe, South Africa, South America |
