Brazil to hold 2nd BRIC summit
The Brazil, India, Russia and China are the four countries which are sailing through the current global crisis with least damage. In fact all the four countries have seen a sharp rebound in their GDP growth in the last two quarters, and two of them are well on their way to post the highest ever growth rate in the current year.
These four emerging countries held their first summit , called BRIC summit last year and worked out a common strategy. And that seems to be working well for these countries, and now the second summit is scheduled to be held in Brazil on April 16th. The summit will help the country managers in these four countries to understand local and global issues better and work out beneficial agreements. And collective effort pays always.
