The Embassy of India participated in the BRICS Feedback Session organised at the Kazakh Humanitarian Law University, Nur-Sultan on September 23, 2014. Ambassadors and representatives of the BRICS countries (Brazil, Russia, India, China and South Africa) discussed results of the most recent BRICS summit in Fortaleza, Brazil, including the establishment of a new BRICS development bank and currency reserve, at the Kazakh Humanitarian Law University (KAZGUU) in Nur-Sultan on Sept. 23. Charge d Affairs from Embassy of India participated in the session.
The session drew a full hall of diplomats, students, press and other attendees, who put questions about the Russian economic contraction, the possibility of a BRICS monetary unit, Kazakhstan’s relationship with BRICS and BRICS’ diplomatic role, to the panellists.Deputy Minister of International Affairs of Kazakhstan Askar Mussinov, closing the session, said Kazakhstan welcomed the establishment of the new development bank and reserve fund. “We believe that the creation of new financial institutions will contribute to the deepening of cooperation between the BRICS countries, strengthening the global financial safety net and will be an important complement to existing international mechanisms.”
