Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-02-02-Speech-4-264-000"
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"en.20120202.31.4-264-000"2
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"The growing political and economic importance of Brazil, Russia, India, China and South Africa (the BRICS group) increases the importance of these countries in terms of foreign policy. In terms of the global economy, it is also expected that the economies of seven rapidly developing countries (Brazil, Russia, India, China, Indonesia, Mexico and Turkey) will be bigger in 2050 than the economies of the G7 countries (USA, Japan, Canada, UK, Germany, France and Italy) put together. With regard to gross domestic product, it is assumed that China will become the largest economy in the world before 2020 and that India could become the fastest growing economy in the world before 2050.
I firmly believe that it would be appropriate to try to achieve something more than mutual trust, recognition and cooperation, and to make efforts to create a common platform on foreign policy issues based on the assumption that a new system of global governance is being established that will be sufficiently accessible to the BRICS group and other emerging powers and founded on common values. The current trade agreements between the EU and the BRICS group of countries are not only mutually beneficial in economic terms, but are also politically beneficial for both parties. It is important to build relations with the BRICS group on the basis of bilateral dialogues aimed at promoting further democratisation and strengthening of relations with the EU."@en1
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