BRIC institutionalised; group vows to help change world
Russia, India, China and Brazil on Friday vowed to turn their four-way group into a powerful instrument for changing the world. At their first stand-alone meeting here, the Foreign Ministers institutionalised BRIC, agreeing to hold regular meetings at the level of Foreign Ministers. External Affairs Minister Pranab Mukherjee hailed BRIC as a "unique combination of mutually complementary economies' and platform to promote energy and food security, fight terrorism and reform global political and financial bodies.