BRICS working for shared prosperity: Manmohan Singh

April 14th, 2011 - 1:05 pm ICT by ANI  

Manmohan Singh Sanya, Apr 14 (ANI): Emphasising that BRICS (Brazil, Russia, India, China and South Africa) economies occupy a strategic economic position, the Prime Minister, Dr. Manmohan Singh, today said that all these countries share the vision of inclusive growth and prosperity in the world.

Addressing the plenary session of BRICS Leaders here, Dr. Singh said: “The challenge before us is to harness the vast potential that exists among us. We are rich in resources, material and human. We are strengthened by the complementarities of our resource endowments.”

“We stand for a rule-based, stable and predictable global order. We respect each other’s political systems and stages of development. We value diversity and plurality. Our priority is the rapid socio-economic transformation of our people and those of the developing world. Our cooperation is neither directed against nor at the expense of anyone,” he added.

He further said: “We have the opportunity to give concrete meaning to the concept of sustainable and balanced development, and produce innovative models of development. We can cooperate in clean and alternative sources of energy and technologies.

Stressing that nuclear safety has emerged as a major source of concern the world over after the tragedy in Japan, Dr Singh said: “We should cooperate in this area, as well as in disaster relief and management.”

“We live in an age when science and technology and the growth of human knowledge are becoming major determinants of the power and wealth of nations. We should share our experiences in capacity building, education and skill development,” he added.

Emphasising that as large and diverse societies we are vulnerable to new and emerging threats, Dr. Singh said: ” It is our duty to our citizens that we cooperate in the fight against terrorism, extremism and intolerance and other non-traditional threats like piracy.”

“We should join hands in ensuring a peaceful and orderly transformation of the world order that reflects contemporary and emerging realities. This should be the case whether it is the reform of political and security governance structures in the United Nations or the international financial, monetary or trade system,” he added.

Reaffirming India’s commitment to a balanced and ambitious outcome to the Doha round of WTO negotiations, Dr. Singh said: ” India will continue to engage with its partners to facilitate a rule-based multilateral trade regime which is fair, equitable and addresses the development agenda effectively.”

“Cooperation among BRICS holds the promise of building an external environment for ourselves that helps each of us and complements our task of nation building. To that extent I would say the best is yet to come,” he added.

He further said India stands ready to work with other BRICS countries to realize these goals.

“Our Ministers and officials must be mandated to give practical shape to our vision and take steps that bring the benefits of our collaboration to the common man,” he added. (ANI)

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