[www.inewsguyana.com] – Guyana has joined other Union of South American (UNASUR) member states in attending a high-level summit with Brazil, Russia, India, China and South Africa (BRICS) group of emerging industrial nations, in Fortaleza, Brazil.
According to President Donald Ramotar, Guyana will use the opportunity to establish global economic relations to explore new means of greater cooperation with these member states.
“One of the meetings that we have is with UNASUR and the BRICS countries… and I think it’s going to be looking, exploring areas where we can have greater cooperation with our country.’
The Fortaleza Summit is the first such meeting between BRICS and UNASUR, and its agenda is “social inclusion and sustainable development.” The conversation of the Summit will be based on the theme, “Inclusive growth: sustainable solutions.”
President Ramotar added that UNASUR and BRICS share a good relationship, and that the latter has indicated that it has plans for the establishment of another developmental bank, which will provide more opportunities for countries.
Guyana has immensely benefited from closer bilateral relations with the BRICS nations, especially China and India; primarily, in the areas of capacity building, economics, and cultural relations.
The BRICS represent almost three billion people in the world’s developing or newly, emerging economies, and has a combined nominal Gross Domestic Product of US$16 Trillion, and an estimated US$4 Trillion in combined foreign reserves.