Munich, Feb. 14 -- German Foreign Minister Johann Wadephul has indicated a recalibration in Europe's approach towards emerging powers, such as BRICS nations, saying that Germany now recognises shared interests and values with countries such as India and Brazil, even as differences persist with Russia and China.

Speaking at the Munich Security Conference, Wadephul acknowledged that, in previous years, grouping countries primarily under the BRICS framework had led to some alienation.

"Some years ago, we first saw these countries as being members of the BRICS, and that sort of alienated us from them, and that was wrong," he said.

He noted that while Europe continues to have "very-very fundamental" differences with Russia and significant d...