Chinese President, Xi Jinping, was part of the historic 11th BRICS Summit that was held on November 13 and 14 in Brazilian capital Brasilia at the invitation of his Brazilian counterpart Jair Messias Bolsonaro.
At the summit themed “Economic Growth for an Innovative Future,” which held at a time when crucial developments were taking place in the world economy and international landscape, President Xi and his counterparts of the BRICS members made a collective voice to safeguard multilateralism and support free trade, and offer more solutions to advance BRICS pragmatic cooperation, cope with global challenges, and promote world peace and common development.
It was learnt that the summit turned out to be a complete success. The leaders of the BRICS countries exchanged views on BRICS cooperation and other major international issues of mutual interest, reaching broad consensus and positive outcomes.
Analysts believe that in summary, the summit sent out four clear and positive messages of significance to global peace and development.
The first is the support to multilateralism which brings to the fore the fact that international issues must be addressed by all stakeholders through consultation, not by one or a few countries alone as this is what multilateralism is all about.
During the summit, it was gathered that parties undertook to demonstrate BRICS countries’ sense of responsibility, took a lead in championing and practising multilateralism, upheld the UN-centred international system and sought to increase the representation. It was gathered that the summit raised issues of emerging markets and developing countries in global governance, and being pacesetters in reforming global governance system and making the international order more equitable and reasonable.
The second highlight at the event was opposition to protectionism. Parties reiterated that they will uphold the WTO-centred multilateral trading regime and maintain a fair, just and non-discriminatory business environment and call on all WTO members to refrain from taking unilateral and protectionist measures. All parties got committed to making development a core priority in global macro policy framework, to helping developing countries to better integrate into the global value chain and industrial chain, and to building an open world economy.
There was also focus on objection to foreign intervention. All parties reaffirmed their commitment to the UN Charter purposes and principles and the international order based on international law, support for countries’ independent choice of development path, mutual respect for sovereignty, and opposition to foreign interference and violation of international law. They underscored that disputes should be addressed through dialogue and that they will play a greater role in safeguarding international strategic security and stability.
And the fourth issue centred around greater solidarity and cooperation within BRICS. All parties demonstrated their resolve to seek common development through joint efforts, reiterated their readiness to build on the BRICS spirit of openness, inclusiveness and win-win cooperation, enhance the five countries’ traditional bonds of friendship, strengthen BRICS cooperation mechanisms, deepen cooperation in the three pillar areas, namely economic, trade and financial cooperation, political and security cooperation, and people-to-people exchange, and work for new progress in the BRICS Partnership on New Industrial Revolution and boost the quality economic development of BRICS countries.
It was further learnt that the summit added stability to the international landscape at a critical juncture, pointing the way forward for the international system undergoing a profound transformation, injected positive energy into the concerned the international community and provided new impetus to deepening practical BRICS cooperation.
Participants were optimistic that BRICS countries would join hands and embark on a second “Golden Decade,” making greater contributions to world peace and development and to building a community with a shared future for mankind.