South Africa invited to attend the next BRIC meeting

Beijing, Dec 28 (PTI) South Africa was on Tuesday
invited to take part in the next BRIC meet, an economic
grouping of which India is a prominent member, to be held in
China next year.
Chinese President Hu Jintao currently holding the
rotating Presidency of BRIC (Brazil, Russia, India and China)
countries has invited President Jacob Zuma to attend the
summit, Chinese Foreign Ministry, Spokesperson Jiang Yu told a
media briefing here on Tuesday.
She said South Africa has formally been admitted into
the grouping after an agreement has been reached between all
the four current members of the BRIC countries.
With the addition of South Africa into the grouping,
the grouping from now on would be called BRICS.
The entry of South Africa into the grouping would
contribute to the development of the BRIC mechanism and
promote cooperation among emerging markets, she said.
"I would like to stress that the BRIC cooperation is
marked harmony, stability, win-win approach, openness and
transparency, she said. PTI