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Africa aims to have a common currency by 2025 and an African Monetary Fund, the economic affairs commissioner at the AU said on Thursday.
A total of 266 exploration blocks will be offered in the 13th bidding round.
BRICS countries represent 40 per cent of the world’s population.
Suu Kyi is keen to reach out to Beijing, Myanmar's most important economic partner.
Premier Li Keqiang has set the nation’s 2015 expansion target at about 7 per cent.
The President and Vice Presidents of the Bank will formally be appointed during the 7the BRICS Summit in Russia in July.
A spokesperson for the German Chancellor says talks with Greece will intensify in the days to come.
China replaced the United States to become Brazil's largest trade partner in 2009.
The US will set up a new command center in Anbar to train an Iraqi force and assist in operational planning to retake the provincial capital Ramadi.
Brazil's top three private-sector lenders have placed bids for HSBC Bank Brasil Banco Múltiplo.