Daily Archives: 16 July 2014

Anadolu Agency

BRASÍLIA – South American leaders attending the 6th BRICS Summit in the Brazilian capital, Brasília, on Wednesday hailed the foundation of a new US$100 billion development bank between the BRICS nations, announced on Tuesday.

The eleven South American leaders in attendance also made clear they were firmly behind a new alliance between the BRICS group of leading emerging economies – Brazil, Russia, India, China and South Africa – and the UNASUR bloc of South American nations.

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Anadolu Agency – additional reporting by Lucy Jordan

BRASÍLIA – The heads of state of the five BRICS nations of emerging economies met with the leaders of 11 South American countries on Wednesday in the Brazilian capital, Brasília.

The presidents of the BRICS — Brazil, Russia, India, China and South Africa — which make up the bloc of developing economies, are holding their third official day of the 6th BRICS Summit.

Among the 11 South American leaders are Venezuelan President Nicolás Maduro, Argentinian leader Cristina Kirchner and Juan Manuel Santos, recently re-elected as president of Colombia.

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