Business execs focus on connectivity to fuel future

BRICS economies will count on enhanced connectivity to stimulate trade, investment and people-to-people exchange activities, as well as other new growth points to improve regional economic integration, business executives said on Monday.

Oleg Belozerov, chairman of JSC Russian Railways, the country's rail operator, said Russia is interested in working with China to build a high-speed rail line between Beijing and Moscow, with a network designed to transport goods and passengers.

"The first phase of reaching this massive goal is to build the Moscow-Kazan high-speed railway, whose construction will begin in 2018. We have already included this in the annual work report of the BRICS Business Council for this year," Belozerov said.