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BRICS Summit Opens New Chapter for Cooperation

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INTERNATIONAL: The 14th BRICS Summit held Thursday opened a new chapter of cooperation and demonstrated the bright future for the BRICS mechanism, according to Chinese vice Foreign Minister Ma Zhaoxu.

Chinese President Xi Jinping on Thursday called on BRICS countries to foster a high-quality partnership as they embark on a new journey of cooperation.

Other leaders of BRICS countries - South African President Cyril Ramaphosa, Brazilian President Jair Bolsonaro, Russian President Vladimir Putin, and Indian Prime Minister Narendra Modi - were present at the summit.

In his welcoming speech, President Xi noted that in the face of formidable and complex circumstances over the past year, BRICS countries have embraced the BRICS spirit of openness, inclusiveness and win-win cooperation, while enhancing solidarity and coordination to jointly tackle the challenges.

BRICS countries, as important emerging markets and major developing countries, need to act with a sense of responsibility, speak out for equity and justice, remain firm in the conviction that they will defeat the pandemic, pool strength for economic recovery, advocate sustainable development, jointly contribute wisdom and ideas to the high-quality development of BRICS cooperation, and bring positive, stabilizing and constructive strength to the world, said the Chinese President.

Xi then delivered a speech titled "Fostering High-quality Partnership and Embarking on a New Journey of BRICS Cooperation".

BRICS countries should support each other on issues concerning their respective core interests, practice true multilateralism, uphold justice, fairness and unity, and oppose hegemony, bullying and division, Xi said.

Xi said China is willing to work with BRICS members to promote the effective implementation of the Global Security Initiative to contribute to global stability.

First, Xi said, BRICS countries need to uphold solidarity and safeguard world peace and tranquility.

Second, Xi called on BRICS countries to uphold cooperation to boost development and jointly tackle risks and challenges.

Third, Xi said BRICS countries need to uphold the pioneering spirit and innovation and unleash the potential and vitality of cooperation.

Fourth, Xi called on BRICS countries to uphold openness and inclusiveness and pool collective wisdom and strength.

The five BRICS countries account for about a quarter of the world economy and over 40 percent of the global population.

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