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Chinese President Xi Jinping on Sunday called on expanded BRICS members and partner countries to keep industrial and supply chains “stable and unimpeded” amid disruptions to shipping through the Strait of Hormuz due to the US-Iran war.
Xi said the “greater BRICS” must lay a “solid foundation” for practical cooperation during the final day of the two-day 18th BRICS Leaders’ Summit in New Delhi, according to state-run news agency Xinhua.
He was speaking at an open session titled “Resilience, Innovation, Cooperation and Sustainability: Shaping the Future for Inclusive Global Growth.”
The Chinese president said that the Global South has become a “key force driving the world toward multipolarity,” and urged countries to uphold multilateralism.
He also said the Global South countries should “uphold authority and role of the UN,” and support reforms to improve the efficiency of multilateral institutions.
Xi called on for improving international financial architecture, enhancing representation and say of developing countries, as well as a WTO reform in the “right direction.”
The Chinese president also called on the “greater BRICS” to upgrade traditional industries, develop emerging sectors and make forward-looking plans for future industries, foster integrated markets and “lay a solid foundation for practical cooperation.”
He also proposed initiatives on science and technology talent development, smart manufacturing, digital industry, trade and investment facilitation, and “open and inclusive” artificial intelligence (AI). Source: AA.
