Dmitry Medvedev, the Russian president, called yesterday for a “fairer global economic order” after leaders of the four biggest emerging economies held their first formal summit.
He described the Russian city of Yekaterinburg, where the talks were held, as “the epicentre of world politics”, adding that the need for developing world nations to meet in new formats was “obvious”.
Talks between the leaders of the Bric group, Brazil, Russia, India and China, focused on the search for measures to ease the global financial crisis while seeking a greater role for emerging economies in a multipolar world.
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