Russian BRICS and SCO presidencies` objectives in 2015 were announced

One on the main objectives of the Russian BRICS presidency in 2015 will be BRICS decisions` implementation on establishment of its own financial institutions (New Development Bank and Contingent Reserve Arrangement) aimed at stabilizing capital markets of BRICS members in case of global economic crises, as well as deepening of BRICS integration, boosting BRICS members trade and investment capacities, as Igor Morgulov, Russian Deputy Minister of Foreign Affairs pointed out in his interview to the Chinese News Agency Xinhua.

Much attention will be also paid to enhancing the effectiveness of cooperation in industry and technologies, implementing of new joint projects, strengthening cooperation in science and humanitarian spheres.

The Russian SCO presidency will focus on further political consolidation of the Organization, cooperation development in security, economic and humanitarian areas. It`s also planned to launch a process of the Organization`s enlargement by means of India and Pakistan`s accession.

Full interview of Igor Morgulov (in Russian)
Ufa - 2015 SCO BRICS Office Group web-site