Your Excellency, President Xi

Honourable Ministers, Your Excellencies, Ambassadors,

Distinguished and valued members from our business and academic communities,

Ladies and Gentlemen,

Representatives from the international media

We, the Brazil, Russia, India, China and South Africa (BRICS) Leaders met today at a historic and seminal moment which saw for the first time since the post-Bretton Woods Institutions era, the creation of a new and unique financing initiative.

The agreements that were signed today mark our strengthened bonds of cooperation in the financial and economic domains, which will produce tangible results and impact on the lives of our people, as we continue to address the challenges of inequality, poverty and unemployment.

Available: http://www.gov.za/speeches/view.php?sid=46746