Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-02-02-Speech-4-271-625"
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"en.20120202.31.4-271-625"2
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"European companies are looking for new outlets in the BRICS countries (Brazil, Russia, India, China and South Africa) as a way of overcoming the economic crisis in their national markets. Among other things, this is shown by business travel to Brazil, which is up by 30% compared with last year. It is a similar matter as far as the East is concerned: there is considerable growth with regard to China (up by 27%), including to lesser destinations as well as the traditional ones of Beijing, Hong Kong and Shanghai. All this confirms that investments by European companies are being increasingly directed at the new emerging economies. The strong degree of interdependence between emerged powers and emerging powers requires that the EU’s respective bilateral policies with the BRIC countries should also be reviewed. Latest statistics on movements to India and South Africa also show an increase of 19% and 18% respectively in this case."@en1
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