Brazil, India and South Africa have urged reform of the IMF

Reducing the economic crisis should not call into question the restructuring of the global financial system, including reform of the International Monetary Fund IMF. It said in Brasilia, the foreign ministers of Brazil, India and South Africa.
With the easing of the crisis some reforms are likely to remain superficial, „said Brazilian Foreign Minister Amorim Selsu conference after the forum of India, Brazil, South Africa.
In a joint statement Amorim and his colleagues from India Somanahali Little Krishna and South Africa Maite Nkoana-Mashabane urged to continue to increase the reserves of the IMF.
They also requested that the reorganization of the representation of countries and the right to vote in the institutions of Bretton-Woods to give more weight to emerging economies.
The three foreign ministers met in the Brazilian capital to prepare for the summit between the presidents of three countries. She was scheduled for 8 October in Brazil, but was postponed to an unspecified date.
Ministers supported the negotiation of an FTA between India, Mercosur countries of Argentina, Brazil, Paraguay and Uruguay and the Southern African Customs Union.
Foreign Ministers of Brazil, India and South Africa expressed hope trade between their countries to reach $ 25 billion by 2015, it currently has around 10 billion dollars.

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