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Xi stays committed to promoting BRICS cooperation

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BEIJING, June 21 (ABC): Chinese President Xi Jinping will host the 14th BRICS Summit and the High-level Dialogue on Global Development, and attend the opening ceremony of the BRICS Business Forum in virtual format later this week.

The BRICS mechanism features five major emerging economies, namely Brazil, Russia, India, China and South Africa. Since it was forged more than a decade ago, the member countries have achieved fruitful results in cooperation in such areas as economy, trade, politics, security, technological innovation, as well as cultural and people-to-people exchanges.

Over the years, President Xi has contributed his insights to the mechanism, promoting the development of the global platform for multilateral cooperation. The following are some highlights of his remarks in this regard.

ON POLITICAL AND SECURITY COOPERATION

“We are in a great era of development, transformation and adjustment. Although conflict and poverty are yet to be eliminated globally, the trend toward peace and development has grown ever stronger,” Xi said at the opening ceremony of the BRICS Business Forum on Sept. 3, 2017.

“Our world today is becoming increasingly multipolar; the economy has become globalized; there is growing cultural diversity; and the society has become digitized. The law of the jungle where the strong prey on the weak and the zero-sum game are rejected, and peace, development and win-win cooperation have become the shared aspiration of all peoples,” he said.

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  • FD News

    Financial Daily (FD) is an emerging media outlet providing news reports, analysis and features especially related to politics and economy. FD is currently one of the largest and most comprehensive private-sector information portals in Pakistan, providing its readers with apolitical, unbiased and fact-based news reports and analyses.

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