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21 Sep, 2011

BRIC nations sign Beijing Consensus – chinadaily.com.cn

BEIJING – The BRICS countries, including China, Brazil, Russia, India and South Africa, signed the Beijing Consensus on Wednesday, stating that coping with the financial crisis and promoting long-term, steady and relatively rapid economic growth are their shared tasks.

The consensus, signed at the second BRICS International Competition Conference, called on all countries and regions to build more consensuses and adopt effective competition policies, which it said “are vital for ensuring fair competition, protecting the interests of consumers and promoting the healthy development of a market economy.”

via BRIC nations sign Beijing Consensus|Politics|chinadaily.com.cn.