Arab Today, arab today brics needs concrete actions rather than bureaucratic formalities
Last Updated : GMT 18:28:53
Arab Today, arab today
Arab Today, arab today

BRICS needs concrete actions rather than bureaucratic formalities

Arab Today, arab today

Arab Today, arab today BRICS needs concrete actions rather than bureaucratic formalities

President Vladimir Putin
UFA - Itar-Tass

Russian President Vladimir Putin does not see the need to transform BRICS (Brazil, Russia, India, China and South Africa) into a full-fledged international organization at this stage.

According to him, real actions are more important than bureaucratic formalities, he said on Friday.

"I do not know whether we should bureaucratize this structure (BRICS). There is no need for that so far. We are creating an E-secretariat to better coordinate our joint wok," Putin told a news conference held after the BRICS and SCO (Shanghai Cooperation Organization) summits on Friday.

According to Putin, the common desire to integration is much more important. He added that BRICS had started forming in 2006 when the leaders of China, India and Russia met on the sidelines of the G8 summit in St. Petersburg. Brazil and South Africa joined the format later. "Everything goes in a natural way. No one is driving anybody into any associations. It is very important that all participants in the process feel the objective need in cooperation," the Russian president stressed.

"It is particularly true of the need to create more democratic principles of world economy. Reciprocal support is also important. That is why we created the New Development Bank and the Pool of Foreign Exchange Reserves worth 200 billion US dollars," Putin said adding that actual instruments of interaction were being formed.

 

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today brics needs concrete actions rather than bureaucratic formalities Arab Today, arab today brics needs concrete actions rather than bureaucratic formalities

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today brics needs concrete actions rather than bureaucratic formalities Arab Today, arab today brics needs concrete actions rather than bureaucratic formalities

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday