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Experts take heart from leaders' summit championing cooperation, development
A summit of leaders of the BRICS nations has set the stage for greater and more visible efforts by the grouping to support global cooperation and boost development and innovation, analysts say.
Diplomats stress unity, coordination among nations against threat of inflation
Senior diplomats from China and South Africa have emphasized the partnership nature of BRICS countries, saying that the grouping is "not a bloc" that works on geopolitical and economic confrontation.
Experts speak highly of president's insights to tackle global challenges
The BRICS countries, with a more practical and inclusive focus on their journey of cooperation, as expounded by Chinese President Xi Jinping, can boost global governance and build a community with a shared future for mankind, analysts said.
Efforts to propel high-quality growth underpin commitment, experts say
China's latest commitment to expanding high-level opening-up is expected to reassure foreign investors of the nation's promise to relentlessly open its door wider and share development dividends with the rest of the world despite the rising tide of protectionism in some countries.
President Xi Jinping hosted the High-Level Dialogue on Global Development in Beijing by video, where more than a dozen national leaders gathered in the "cloud". What is "BRICS Plus"? What does the "Golden Hall" look like on site? Click the video to find out more!
On June 24, President of the Republic of Uzbekistan Shavkat Mirziyoyev took part in a High-level Dialogue on Global Development in the BRICS Plus format.
The heads of state and government of 18 countries of the world took part in the online forum, which was chaired by the Chinese side. Along with the leaders of Uzbekistan and China, President of Algeria Abdelmadjid Tebboune, President of Argentina Alberto Fernandez, President of Egypt Abdel Fattah Al-Sisi, Prime Minister of India Narendra Modi, President of Indonesia Joko Widodo, President of Iran Ibrahim Raisi, President of Kazakhstan Kassym-Jomart Tokayev, President of Russia Vladimir Putin, President of the Republic of South Africa Cyril Ramaphosa, Vice President of Brazil Hamilton Mourao, as well as the heads of governments of Cambodia, Malaysia, Thailand, Fiji and Ethiopia.
Editor's note: Chinese President Xi Jinping hosted the 14th BRICS Summit via video link in Beijing, June 23, 2022. Here are some highlights of his remarks at the Summit.
Brazil attaches enormous importance to cooperation among BRICS countries in areas such as economy and finance, trade, health and vaccines, science and technology, and the fight against terrorism and transnational crimes, said the nation's top envoy to Beijing.
Paulo Estivallet de Mesquita, the Brazilian ambassador to China, said the 14th BRICS Summit is "an opportunity to reaffirm our commitment to work together and to explore new fields for cooperation, addressing common challenges we face and bearing in mind the ultimate objective of promoting the well-being of our peoples".
The 14th BRICS Summit hosted by China on Thursday "kicked off a new journey of BRICS cooperation and demonstrated the bright future of the BRICS mechanism", Vice-Foreign Minister Ma Zhaoxu said.
Ma made the comment at a briefing after the virtual summit that brought together leaders from five leading emerging economies — Brazil, Russia, China, India and South Africa.
The COVID-19 pandemic had already dealt a massive blow to the world economy when the Russia-Ukraine conflict broke out. The conflict and the sanctions major developed economies announced against Russia in response have resulted in food, energy and refugee crises, dealing yet another powerful blow to the global economy apart from heightening the tensions between Russia and the West.
The energy and food crises have affected many countries across the world, especially developing countries, which depend heavily on food and energy imports. To deal with such serious global problems, countries need to work together.
President calls on member countries to safeguard peace, promote stability
President Xi Jinping has urged the BRICS countries to support one another on issues concerning their core interests, practice true multilateralism, and work together to safeguard justice, fairness and solidarity and reject hegemony, bullying and division.
BEIJING - The 14th BRICS Summit on Thursday issued the Beijing Declaration.
Following is the full text of the declaration.
XIV BRICS Summit Beijing Declaration
BRICS countries, as important emerging markets and major developing countries, need to act with a sense of responsibility to bring positive, stabilizing and constructive strength to the world, President Xi Jinping said on Thursday.
Xi made the remarks while chairing the 14th BRICS Summit via video link in Beijing. BRICS is a group of countries which includes Brazil, Russia, India, China and South Africa.
BEIJING - On the evening of June 23, President Xi Jinping hosted the 14th BRICS Summit in Beijing via video link.
President Xi noted that over the past year, the world has faced the continued spread of COVID-19, a tortuous world economic recovery and increasingly salient peace and security issues. Facing the formidable and complex circumstances, BRICS countries have embraced the BRICS spirit of openness, inclusiveness and win-win cooperation, enhanced solidarity and coordination and jointly tackled the challenges. The BRICS mechanism has demonstrated resilience and vitality. BRICS cooperation has achieved sound progress and results.
Russian economy is carrying on although its top officials and companies from the energy sector, fintech, transport and machinery fell under unprecedented pressure from Western sanctions. Under these heavy pressuring circumstances Russian companies as well as their counterparts overseas are looking for "safe harbor" to maintain financial transactions and commodities exchange.
Whatever the political reasons behind those sanctions are, Russia is deeply integrated into global value chains. So far the Commonwealth of Independent States (CIS) countries and some Asian countries are trading with Russia. India, China, Turkey and the United Arab Emirates are among those with legal cooperation with Russia under the sanctions, first of all in prices for energy resources.
President Xi Jinping chaired and addressed the 14th BRICS Summit in virtual format in Beijing on Thursday.
BRICS is a group of countries which includes Brazil, Russia, India, China and South Africa.
Editor's note: President Xi Jinping attended the opening ceremony of the BRICS Business Forum in virtual format and delivered a keynote speech. Here are some highlights.
Leaders coming together for the BRICS Summit are expected to discuss global challenges such as the pandemic, climate change and global governance, say African experts who are keen to see a bigger global role for the grouping of emerging economies.
Saliem Fakir, a senior climate diplomacy and geopolitics adviser at the African Climate Foundation in South Africa, said the pandemic response will likely figure prominently, noting that China has been the "key provider of vaccines to Africa". More broadly, Fakir said the summit on Thursday is expected to project the grouping even deeper into a future in which South-South cooperation grows more important.
President Xi Jinping will host the 14th BRICS Summit on Thursday and the High-level Dialogue on Global Development from Beijing on Friday in a virtual format, at a time when the COVID-19 pandemic has affected the global economy and has disrupted global gains in poverty alleviation and the implementation of the United Nations 2030 Agenda for Sustainable Development.
The BRICS countries－Brazil, Russia, India, China and South Africa－can galvanize their collective clout as the world's leading emerging economies to firmly support the Global Development Initiative proposed by Xi, and ensure that no country and no person is left behind in combating COVID-19.This can be done through universal vaccination programs, enhancing food security, poverty reduction and financing for development, as well as by advancing digital economy and connectivity, industrialization and green development.
South Africa sees the BRICS grouping of nations as a beacon of peaceful cooperation in a world facing challenges arising from the pandemic and conflicts to a global economy coming under increasing pressure, the country's top envoy to China said ahead of the 14th BRICS Summit.
The summit, to be hosted on Thursday by President Xi Jinping, will be held virtually on the theme "Foster High-quality BRICS Partnership, Usher in a New Era for Global Development".
