By  on March 27, 2013

JOHANNESBURG — The fifth BRICS summit ended Wednesday with the signing of the eThekwini Declaration and Action Plan reaffirming the five-nation bloc’s commitment to strengthening their partnership for development, integration and industrialization.

Unlocking Africa’s potential was a major theme of the summit, with the leaders of the five emerging powers Brazil, Russia, India, China and South Africa underlining their support for African countries “in their industrialization process through stimulating foreign direct investment, knowledge exchange, capacity building and diversification of imports from Africa.”

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