国际英语新闻：BRIC nations call on G20 to maintain stimulus measures to ensure economic recovery and growth

LONDON, Sept. 4 (Xinhua) -- The finance ministers and central bank governors of Brazil, Russia, India and China -- the so-called BRIC countries -- gathered in London on Friday to called on the G20 countries to maintain stimulus measures to promote financial stability and economic growth.

    The BRIC-countries meeting was held on the sidelines of the G20 finance ministers and central bank governors meeting, to be held here this weekend.

Finance Ministers from Russia, China, Brazil and India Alexey Kudrin, Xie Xuren, Guido Mantega and Pranab Mukherjee (R-L) host a press conference after their meeting in London, capital of the U.K., Sept. 4, 2009. Finance ministers and central bank governors of the BRIC nations, namely Brazil, Russia, India and China, met here on Friday to discuss the situation of the world economy, as well as fiscal and monetary policy responses in BRIC countries, ahead of the G20 finance ministers and central bank governors' meeting.

The BRIC officials agreed that emerging market economies have shown resilience and helped the world economy absorb the impact of the deterioration of trade, credit flows and demand.

    According to a communique, they called for more help to many small middle-income and low-income countries to deal with the economic crisis, reform of international financial institutions, enhancing and consolidating the role of the Group of 20 major developed and developing countries.

    MORE HELP FOR MIDDLE-INCOME & LOW-INCOME COUNTRIES

    The BRIC countries said more needs to be done to address the threat that many small middle-income countries and low-income countries will lag further behind in the development process due to their lesser capacity to respond to the severity of the crisis and to adapt to the new world economic landscape.

Alexey Kudrin (2nd L), Xie Xuren (4th L), Guido Mantega (4th R) and Pranab Mukherjee (2nd R), finance ministers from Russia, China, Brazil and India, have a group photo taken with other attendees prior to their meeting in London, capital of the U.K., Sept. 4, 2009.

"We realize that reducing the development gap between advanced and developing countries is of great importance to achieving a sustainable and more balanced global growth. Providing an inclusive process of growth in the world economy is a matter not only of fundamental fairness, but also of strategic importance to the economic and political stability of the world," they said in a communique.