let's take a look at what indian prime minister manmohan singh said. >> we agree to work together on a peaceful resolution of the crisis. we must divide political disruptions that create volatilities in global energy market and affect trade flows. >> reporter: you know, it's interesting. iran is a topic that came up yesterday as well when the trade ministers met. and basically they agreed that it's okay to disagree when it comes to iran and you have india and china saying they will continue to import oil from iran just because it's a practical thing to do. they need more oil where as south africa has cut down its dependence from iran. the prime minister said they had time to discuss energy shortages, how to tackle that and also food security. nina? >> that's what i wanted to come to, mallika. some of them are big exporters of energy but food really does decide things there, doesn't it? >> reporter: absolutely. you know, food security is a key issue for all the brics nations. between yesterday and today they have talked about that, saying it's a priority for these member countries. th

of russian president dmitry medvedev held a bilateral meeting with the indian prime minister manmohan singh there have been a lot of things on the agenda one of the main themes of this year is it is how these growing economic powers are also starting to have more political clout on major international issues like syria and again we saw russia and china saying that they've backed a cease fire in syria they want peace in syria but they don't expect president assad to step down they don't want him to step down like many of the western leaders have said let's take a little listen to what the russian president had to say. one of the priorities for brics for the years to come should be the strengthening of the u.n. security council. peace and security and also ensuring that the u.n. is not used as a cover for regime change and unilateral actions to resolve conflicts situations with them and that was another thing that all of these five leaders talked about reforming the united nations another point that everyone was talking about was iran and house think sions are not going to work on iran these

annual break summit next year in south africa the russian president dmitri medvedev prime minister manmohan singh the south african leader jacob zuma all had very similar thoughts about the brics also showing their geo political influence on there against western intervention there against sanctions on iran they believe that there should be peace in a cease fire that kofi annan mentions in syria but they don't want president assad russia and china specifically to step down here's a little bit more from what the russian president dmitry medvedev that in today's talks. with you one of the priorities for brics for the years to come. should be the strengthening of the u.n. security council in maintaining is your national peace and security and also ensuring that the u.n. is not used as a cover for regime change and unilateral actions to resolve conflicts situations with him. and that's exactly what the indian prime minister expressed as well and the south african leader all five leaders have been talking about reforming the united nations a very strong sentiment here in delhi. and one of the other in

president dmitri medvedev is expected to hold a bilateral meeting with the indian prime minister manmohan singh like everything from stop here in new delhi. janks we've seen from the high school of peking university says the brics countries led by the economic powerhouse of china are changing the global economy for the better right now it's much too reliant on the american and european european markets and as we all know. american in europe and europe right now are just barbarous first sluggish so china for its long term economic interest is very interested in markets around the world as well as diversifying its gets its manufacturing sector you know the appeal of russia is obvious russia is as a as a lamb both immense natural wealth and china's for much in need of resources the appeal of south africa is that's a marker is really much the financial center of africa so there has been provided as you point out for our chinese banks want to give peace to the rest of africa seems the same is true for brazil. so polo is really my nucleus of furniture capital of most of america so it's not that china

president dmitri medvedev actually just held a bilateral meeting with the indian prime minister manmohan singh just wrapped up and there have been a lot of things on the agenda one of the main themes of this year's summit is how these growing economic powers are also starting to have more political clout on major international issues like syria just yesterday actually russian president dmitry medvedev also had a bilateral meeting with the chinese chairman. and again we saw russia and china saying that they back a cease fire in syria they want peace in syria but they don't expect president assad to step down they don't want him to step down like many of the western leaders have said let's take a listen to what the russian president had to stated in today's summit. we need you from one of the priorities for bricks through the years to come should be strengthening the key role of the u.n. security council in maintaining international peace and security and also ensuring that the u.n. is not used as a cover for regime change and unilateral actions to resolve conflict situations. and that was anoth

president dmitry meant that it is expected to come by lateral meeting with the indian prime minister manmohan singh like everything from stopping here in new delhi. let's cross over to the chinese capital now for some more insight from janice we've seen from peking university. thanks for joining us here so the creation of a new global development bank is an ambitious project but still only in the drawing board at this point and we have some sort of idea who who is going to manage it and how. well you know the mechanics of actually organization and management will be a long way off i mean right now what they can agree on is on the development vision and i did all the g.m. but the actual going to station and some corporate questions that they have the answer well will be at the next one or two years stats a lot of finance ministers up and service for example how do you shoot the holding power in this bank how do you dispute loans. allowed to join and what will this new bank be b.o.b. the world bank and asian woman back so all of these concrete specific questions kind of the questions that finance min

medvedev had a bilateral meeting with chinese president hu jintao and india's prime minister manmohan singh and one of the things that they all discussed was intervention in syria basically all of these countries are backing kofi anon plan for a cease fire they want peace in syria but both russia and china have repeatedly said that they don't want president assad to step down and they actually voted against that first u.n. security council resolution on syria iran was another topic that many of these countries discussed today both india and china are saying that they don't and russia as well by the way saying that they are not interested in sanctions on iran they don't think that that's going to accomplish anything so all of these leaders really reiterated in all of their meetings today and in all of their statements that you know intervention isn't going to work putting pressure this is what. the oil embargo on iran is not going to be effective so they're really starting to take a stand on political issues as well though since these economies are growing much faster than that of you the u.

president dmitry medvedev is expected to hold a bilateral meeting with india's prime minister manmohan singh like everything from stuff here in new delhi. chuang sweet scene from the peking university says diversity of the brics countries makes for a win win relationship between them and the global economy right now it's much too reliant on the american and european european markets and as we all know. american in europe and europe are right now or are smart arse first luggers so china for its long term economic interest is very interested in markets around the world as well as diversifying its manufacturing sector and you know the appeal of russia is obvious russia is as old as the land. well in china it's very much in need of both of resources the appeal of south africa is that's a marker is really much the financial center of africa so it was provided you point for chinese going to peace to the rest of africa seems the same as true for brazil . so polo is really in many ways the furniture capital of most of america so it's not that china is thicker our house it's down to each of these cou