Hon President, the ACDP supports the stated goals of the Brics group which are harmony, stability and win-win outcomes in economic development. The continued economic prosperity of the Brics nations stands in stark contrast to the fragile recoveries of the United States and Western Europe economies.
Hon President, whilst there are most definite economic benefits, as you have pointed out, is it expected that there will also be a shift from economic to political co-operation in Brics which could have a substantial impact on the ability of emerging economies to influence current geopolitical events, such as the global climate change, reform of the UN system, the pro-democracy demonstrations in Northern Africa and even the impact of the Japanese natural disaster?
Do you believe that such geopolitical events will be discussed during the first summit of Brics leaders to be held in Beijing next month as they clearly impact on global economic development? Thank you, President.