By
Reuters |
Financial News | Feb 18, 2011 04:28PM GMT |
PARIS, Feb 18 (Reuters) - India's finance minister said on
Friday South Africa was being brought in alongside his country,
China, Brazil and Russia as part of the group of developing
economies hitherto known as the BRIC club.
"Today South Africa has been formally inducted into the BRIC
grouping. From now on it will be the BRICS and this will be a
key south-south global forum," said Pranab Mukherjee, who was in
Paris for talks with other finance ministers.
"There will be a BRICS summit in April in China. That is the
plan as of now," he added.
(Reporting by Abhijit Neogy; Writing by Brian Love)
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