BRICS Summit Expands Membership, Paves Way for Global Governance Reform
Chinese President Xi Jinping announced the BRICS summit's decision to include Egypt, Ethiopia, Iran, Saudi Arabia, and the UAE as partner countries. The summit aims to enhance the representation of developing nations in global governance and advance peace and sustainable development initiatives globally.
- Country:
- Russian Federation
In a significant development, Chinese President Xi Jinping revealed on Wednesday that the BRICS summit had decided to expand its membership, welcoming Egypt, Ethiopia, Iran, Saudi Arabia, and the UAE as new partner countries. The summit, held amid geopolitical tensions, seeks to strengthen the bloc's influence globally.
Highlighted as a crucial step, President Xi emphasized BRICS's role in enhancing the representation of developing nations. He called for the group to spearhead global governance reforms, advocating for a cooperative approach to address conflicts, particularly the prolonged Ukraine crisis and unrest in the Middle East.
Moreover, the summit underscored the importance of sustainable development, with China proposing various initiatives, including the establishment of BRICS-specific centers for research and innovation. These efforts aim to foster sustainable development and advance high-quality cooperation within the bloc.
(With inputs from agencies.)
ALSO READ
India's Call for Global Financial Reform to Aid the Global South
Uniqus Consultech and GORD Forge Alliance for Sustainable Development
Guinea’s Growth: Turning Natural Resources into Sustainable Development
India-ASEAN are neighbours, partners in Global South, and a fast growing region in the world: PM Modi.
Conflicts going on in different parts of world are having most negative impact on countries of Global South: PM Modi.