Russia open to helping individual countries: Kremlin

13th September 2011, Comments 0 comments

Russia is open to considering requests for financial assistance from individual countries, a Kremlin source told AFP on Tuesday, after Brazil said top emerging economies would discuss possible aid to the European Union.

"We study requests of individual countries if we receive them. Not within the framework of BRICS" though, a high-ranking Kremlin source said.

BRICS is the grouping of top emerging economies that besides Russia includes Brazil, India, China -- and the most recent addition South Africa.

The source, speaking on condition of anonymity, did not provide further details.

Brazilian Finance Minister Guido Mantega said earlier in the day the BRICS countries would discuss possible aid to the European Union to help it confront its debt crisis during a meeting scheduled for September 22.

"The BRICS nations will meet next week in Washington and we will discuss how to help the European Union get out of this situation," he said.

A spokeswoman for the Russian finance ministry declined immediate comment.

She said however that Finance Minister Alexei Kudrin and his deputy Sergei Storchak, who is in charge of international affairs at the ministry, would both be in Washington for meetings of the International Monetary Fund and World Bank next week.

© 2011 AFP

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