Why BRICS Became a Driver of the Global Economy, According to Russia
A Russian official and President Vladimir Putin said BRICS has become a major driver of global economic growth, citing more than 40% of world GDP over the past five years.
A Russian official and President Vladimir Putin said BRICS has become a major driver of global economic growth, citing more than 40% of world GDP over the past five years.
At the BRICS summit in New Delhi, Chinese President Xi Jinping called on the 11 member countries to reject protectionism and support the multilateral trading system, while Russian President Vladimir Putin and the BRICS joint declaration addressed global peace, energy security, trade flows and nuclear risks.
BRICS countries called for maximum restraint and avoidance of escalation in a joint statement adopted at their New Delhi summit, according to AFP via Agerpres.
On the sidelines of the BRICS summit in New Delhi, Prime Minister Narendra Modi and Chinese President Xi Jinping held a bilateral meeting and emphasized cooperation under Greater BRICS and shared development.
Iranian President Masoud Pezeshkian said at the BRICS Summit in New Delhi that the bloc should act as a voice of global justice.
BRICS countries, through the New Delhi Declaration, called for an end to forced displacement of Palestinians, full humanitarian access to Gaza, respect for the Lebanon ceasefire, and withdrawal of Israeli forces from Lebanese territory.
Beijing’s growing economic heft highlights its role in multilateral fora; within BRICS, China is the largest trading partner of every member-state.
At the BRICS summit in New Delhi, President Cyril Ramaphosa called for the equal application of international law, accountability in Palestine, Sudan and Iran, and urgent UN Security Council reform.
A six-day BRICS Bazaar in Delhi showcases handicrafts and cultural expressions from 18 countries, linking artisans with buyers and promoting people-to-people exchange.