| Publication |
2013.
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| Summary/Abstract |
BRICS (Brazil, Russia, India, China and South Africa) has developed into a vibrant co-operation mechanism. The New Delhi declaration of fourth BRICS summit reflects the evolution of a common vision and maturing relationship among member states in the current international system. The co-operation among BRICS nations is a reflection on the development of international situation as well as the desire and choice of emerging economies. The establishment of BRICS Development Bank is a crucial announcement for serving the development needs and aspirations of the emerging and developing world.
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