BRICS Summit Gets Under Way in South Africa
- Author:
- enewschannel
- Publisher:
- enewschannel
- Publication Date:
- 25 March 2013
- Tags:
- South Africa, Economy, Business and Finance, Investment, Asia, Australia, and Africa, Europe and Africa
With the fifth BRICS summit due to kick off in Durban on Tuesday, it is widely anticipated that more details will emerge of a bank for the economic bloc.
A key objective of the bank is to help members pool resources for industrial development, and to be a source of funding when the global economy is weak.
The ability of South Africa and the four other member countries to implement policies will also come under the spotlight.
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