UPDATE 1-BRICS discussed global monetary reform, not yuan -China

Thu Apr 14, 2011 9:03am GMT
 

On the issue of whether the BRICS would expand again to include other large, developing nations -- South Africa joined the summit for the first time this year -- Wu said there had been no concrete decisions.

"A fair number of countries have expressed interest in joining the BRICS. This shows that the mechanism is dynamic and attractive. At the meeting, the leaders discussed enlargement, and agreed that any decision will be made based on consensus of all members of the BRICS."

Wu also played down any political rifts between the existing member states, made up of authoritarian regimes such as China and the vibrant democracies of India and Brazil.

"What's important now is to broaden consensus as much as possible and tone down differences, and start cooperation in fields where there is already consensus," he said.

"For those issues where there are differences, we will put them aside for the time being. We will not let those differences undermine solidarity and impede cooperation among BRICS countries." (Reporting by Ben Blanchard and Zhou Xin; Editing by Ken Wills)

 
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