The fifth BRICS summit underway

Mluleki Mrwebi
26 March 2013

South Africa is hosting a two day Brazil, Russia, India, China and South Africa Summit, from today and tomorrow.

The Fifth BRICS summit is held at the Durban International Convention Centre.

Trade and Industry Minister Rob Davis said these summits are convened to seek common ground on areas of importance for these major economies.

Davis said talks represent spheres of political and entrepreneurial coordination, in which member countries have identified several business opportunities and areas of cooperation.

Davis added that this will build a partnership that will help in job creation and trade relations with other countries.