Building upon the success of the first BRIC summit held in Russia in June 2009, the BRIC leaders decided to take steps to promote “dialogue and cooperation among themselves in an incremental, proactive, pragmatic and transparent way”. That’s the official agenda.
After all, the BRICs are the hot investment cases of the moment. Emerging and developing economies have conquered precious ground in recent times. In truth, their politics could not be more different. Is it possible for them to have a common agenda? An interesting article on the first summit is the one by Gunjan Singh, of the Institute for Defence Studies and Analyses.
Venezuela as a side dish
From Brazil, the Chinese leader flies to Venezuela to meet President Hugo Chavez. China and Venezuela have a long list of agreements in different fields from oil and energy, to agriculture and satellites plus arms.
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