Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-02-02-Speech-4-263-750"
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"en.20120202.31.4-263-750"2
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"Recognising the growing importance of the BRIC countries (Brazil, Russia, India and China) in the global economy, this report states that the EU needs to strengthen relations with each of these countries. The concern being expressed is, however, that they should be considered separately. There are a number of reasons for this. The growth and diversification of the BRIC countries’ economic activity jeopardises the traditional division of global labour, which is unfavourable to these countries. Their role is not limited to producing items low in value added and exporting raw materials and agricultural produce for countries at the heart of the capitalist system. Today, they are increasingly becoming world powers to rival the triad: the US, Japan and the EU. Some of them are even pursuing the opposite path to the EU in the fight against hunger and poverty. We should not forget that in a few years, millions of people have been pulled out of extreme poverty in China, India and Brazil, in a process that has not been without major contradictions. It is a fact that, internationally, the BRIC countries have been coming together on a number of important issues. The positions taken up by the BRIC countries in the international arena and their working together are increasingly being seen as a threat to the influence and dominance of the aforementioned triad, especially in the institutions of international capitalism: the World Bank, the IMF and the G20."@en1
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