Chinese President Xi Jinping called for strengthened cooperation among BRICS nations during a virtual summit on Monday, emphasizing the bloc's role in addressing global economic turbulence and geopolitical tensions. Speaking from Beijing, Xi outlined a three-point plan to enhance multilateralism and counter protectionist policies threatening international stability.
Three Pillars of Cooperation
Xi stressed the need to "defend international fairness and justice" through reformed global governance systems, advocating for increased representation of Global South countries in international institutions. The Chinese leader reiterated his Global Governance Initiative proposal, urging BRICS members to uphold UN-centered multilateral frameworks.
Economic Priorities
Highlighting BRICS' combined 30% share of global GDP, Xi warned against trade wars disrupting supply chains: "No country can afford to retreat to self-imposed isolation." He proposed expanding practical cooperation in business, finance, and technology while advancing Belt and Road initiatives.
Solidarity Against Challenges
Describing BRICS as "the giant ship" navigating international turbulence, Xi emphasized leveraging the bloc's demographic and resource advantages. The speech concluded with a call to implement the Global Development Initiative, aiming to create "more practical benefits" for member states' populations.
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Full text of President Xi Jinping's speech at virtual BRICS Summit
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