Xiamen: The 9th edition of the BRICS summit was held in the city of Xiamen in China. This is the second time that the summit was hosted in China, after the last one being in the year 2011. The theme of this summit was ‘Stronger Partnership for brighter Future.’ The summit brought together representatives from Brazil, Russia, India, China and South Africa to strengthen South-South cooperation and give a greater voice to the world’s emerging economies. President Xi Jinping chaired the summit and President Jacob Zuma of South Africa, President Michel Temer of Brazil, President Vladimir Putin of Russia and Prime Minister Narendra Modi of India were present.
Xi Jinping pointed out that the rapid development of BRICS cooperation lays in mutual respect and mutual assistance in jointly following the development path suited to our respective national conditions. We have pushed forward economic, political and people-to-people and cultural cooperation in the spirit of openness, inclusiveness, and win-win cooperation.
Jacob Zuma expressed that under the new circumstances, BRICS countries should deepen BRICS strategic partnership, advance mechanism construction, enhance connection with other emerging market economies and developing countries, and seek common development.
Michel Temer expressed that the five countries should increase strategic investment in BRICS cooperation, consolidate the all-round partnerships, and inject greater impetus into the development of the five countries. Vladimir Putin expressed that BRICS countries should broaden and deepen practical cooperation in various fields, and push forward BRICS partnership for constant development. The five countries should build an open world economy, oppose protectionism, and promote inclusive and sustainable growth.
Narendra Modi expressed that BRICS countries should deeply tap potential for economic cooperation, achieve more outcomes from practical cooperation, safeguard multilateral trading system, and push forward people-to-people and cultural exchanges, so as to make BRICS cooperation take root in people’s heart.
The four major documents signed at the event were: Strategic Framework of BRICS Customs Cooperation: This will help ease up the custom regulations between countries, BRICS Action Plan for Innovation Cooperation (2017-2020): This document enlists various ways the member countries can cooperate on fronts like finance and bilateral deals, BRICS Action Agenda on Economic and Trade Cooperation: This document solely focuses on how the member countries can help out in the continued growth of trade and commerce. Efforts should continue to be made to develop and facilitate market inter-linkages among BRICS countries.
At the end of the BRICS summit, the leader’s adopted the Xiamen declaration which contained various diplomatic and cooperative guidelines.
- We note that against the backdrop of more solid global economic growth, enhanced resilience and emerging new drivers, BRICS countries continue to play an important role as engines of global growth…
- We commit to further promote green development and low-carbon economy, in the context of sustainable development and poverty eradication, enhance BRICS cooperation on climate change and expand green financing…
- We adhere to the principle of utilizing outer space for peaceful purposes and emphasize the need to strengthen the international cooperation in space activities in order to use space technologies to respond to global climate change, environmental protection, disaster prevention and relief and other challenges faced by humankind.
- Recalling the Saint-Petersburg and Udaipur Declarations of BRICS Ministers for Disaster Management and the decision to establish a BRICS Joint Taskforce on Disaster Risk Management, we underline the importance of consistent joint work of emergency services of BRICS countries aimed at building a safer future by reducing existing disaster risks…