BRICS FMS RECOMMIT TO IMPLEMENTING RESOLUTIONS, DEEPENING PRACTICAL CO-OPERATION

NEW YORK CITY– Brazil, Russia, India China and South which make up the so called BRICS group have unanimously agreed to implement the resolutions of the Johannesburg BRICS summit, while deepening practical co-operation and realising mutually beneficial win-win results when their foreign ministers met in New York City last week.

During their meeting on the sidelines of the ongoing United Nations General Assembly session here, they took stock of the outcome of the July BRICS summit held in Johannesburg and underlined the progress achieved by BRICS throughout the multi-dimensional and inclusive co-operation fostered by the bloc’s leaders.

The 2018 summit saw the adoption of the Johannesburg Declaration, which, among other matters, supported an open and inclusive multilateral trading system. The BRICS leaders also found common ground in championing global trade, condemning protectionist measures, in the fight again terrorism, intra-BRICS trade and in fighting climate change.

They expressed satisfaction with the many fruitful results of intra-BRICS cooperation in the areas of the economy, finance, peace, stability and people-to-people exchanges, in particular the establishment of the New Development Bank (NDB), including its Africa Regional Centre in Johannesburg; the Contingent Reserve Arrangement (CRA); the formulation of the Strategy for BRICS Economic Partnership; BRICS Action Agenda on Economic and Trade Co-operation and the BRICS Agricultural Research Platform (ARP), reads the communique issued after the meeting here.

The Ministers welcomed the constitution of the BRICS Energy Research Co-operation Platform, the upcoming establishment of the Americas Regional Office of the NDB in SAPound o Paulo, the BRICS Partnership on New Industrial Revolution (PartNIR), and the BRICS Vaccine Research and Development Centre.

The Ministers looked forward to the early and full operationalization of all these BRICS initiatives and used their meeting to exchange views on current issues of global significance in political, security, economic, financial and sustainable development spheres, as well as the three-pillar intra-BRICS strategic co-operation.

Source: NAM NEWS NETWORK

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BRICS FMS RECOMMIT TO IMPLEMENTING RESOLUTIONS, DEEPENING PRACTICAL CO-OPERATION

NEW YORK CITY– Brazil, Russia, India China and South which make up the so called BRICS group have unanimously agreed to implement the resolutions of the Johannesburg BRICS summit, while deepening practical co-operation and realising mutually beneficial win-win results when their foreign ministers met in New York City last week.

During their meeting on the sidelines of the ongoing United Nations General Assembly session here, they took stock of the outcome of the July BRICS summit held in Johannesburg and underlined the progress achieved by BRICS throughout the multi-dimensional and inclusive co-operation fostered by the bloc’s leaders.

The 2018 summit saw the adoption of the Johannesburg Declaration, which, among other matters, supported an open and inclusive multilateral trading system. The BRICS leaders also found common ground in championing global trade, condemning protectionist measures, in the fight again terrorism, intra-BRICS trade and in fighting climate change.

They expressed satisfaction with the many fruitful results of intra-BRICS cooperation in the areas of the economy, finance, peace, stability and people-to-people exchanges, in particular the establishment of the New Development Bank (NDB), including its Africa Regional Centre in Johannesburg; the Contingent Reserve Arrangement (CRA); the formulation of the Strategy for BRICS Economic Partnership; BRICS Action Agenda on Economic and Trade Co-operation and the BRICS Agricultural Research Platform (ARP), reads the communique issued after the meeting here.

The Ministers welcomed the constitution of the BRICS Energy Research Co-operation Platform, the upcoming establishment of the Americas Regional Office of the NDB in SAPound o Paulo, the BRICS Partnership on New Industrial Revolution (PartNIR), and the BRICS Vaccine Research and Development Centre.

The Ministers looked forward to the early and full operationalization of all these BRICS initiatives and used their meeting to exchange views on current issues of global significance in political, security, economic, financial and sustainable development spheres, as well as the three-pillar intra-BRICS strategic co-operation.

Source: NAM NEWS NETWORK

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