BRIC bring stability, growth: Indian PM

Updated: 2009-06-18 16:31

NEW DELHI - Indian Prime Minister Manmohan Singh said on Thursday that the BRIC economies are a factor of stability and growth amid the global economic crisis when commenting on the first BRIC summit meeting in Russia earlier this week, according to local media reports.

BRIC bring stability, growth: Indian PM

India's Prime Minister Manmohan Singh speaks to the media on the opening day of the parliament in New Delhi in this June 1, 2009 file photo.  

Singh told Indian journalists that there was a need for reforming the present systems of global governance and international financial system.

He expressed his hope that the BRIC countries - Brazil, Russia, India and China - would not remain only a "talk-shop" and they would work together so that their voice is heard in the global arena.

He said the BRIC leaders discussed the need to intensify cooperation among the four nations, the international economic downturn, and how to prepare for the forthcoming G-8 and G-20 Summits.

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