DEVELOPED COUNTRIES URGED TO TAKE DUE RESPONSIBILITIES
When discussing global political and economic issues with other BRICS leaders, Xi called for building a new type of global development partnership and urged the developed countries to take due responsibilities to help developing countries strengthen their capabilities for development, thus narrowing the South-North gap and enhancing South-South cooperation.
He also proposed building a new type of state-to-state relationship with win-win cooperation at the core. The BRICS countries should resort to peaceful development and not impose their will on others, he said.
Multilateralism must be firmly followed, the outcomes of the victory of the WWII must be treasured, and the purposes and principles of the UN Charter must be safeguarded, he added.
Xi suggested that the BRICS countries make endeavors to win the support of many more countries for the NDB, the Contingent Reserve Arrangement (CRA), the Belt and Road Initiative, the Asian Infrastructure Investment Bank and the Silk Road Fund, thus providing momentum for world economic growth and the international financial and monetary system reforms.
When discussing cooperation among the BRICS countries, Xi said that all sides should implement the significant initiatives they have made, such as the NDB and CRA, and show the bloc's strong execution.
In addition, the Chinese president called on the BRICS nations to smooth the alignment of the BRICS Economic Partnership Strategy with the development strategies of each member state, tap their respective strengths and potential, and carry out innovation and production capacity cooperation so as to enhance the solidarity and competitiveness of the bloc.
He also urged BRICS nations to pursue justice and democratization of international relations, insist on common but differentiated responsibilities, and support the sustainable development goals set by the United Nations to increase the charisma of the emerging market group.
BRICS COOPERATION HAILED
Russian President Vladimir Putin said at the summit that BRICS is an important mechanism on the world stage. The five countries have been strengthening their cooperation in economy and trade, investment and people-to-people and cultural exchanges, and broadening their areas of cooperation since the bloc was founded, he said.
The launch of the NDB and CRA will help forge closer economic ties within the bloc and increase its influence in international affairs, Putin said.
The BRICS cooperation has yielded fruitful results, said Indian Prime Minister Narendra Modi, adding that while confronting global challenges, BRICS countries will play a significant role if the five countries can build consensus and reinforce cooperation.
He said that the Indian side agreed to further intensify coordination among BRICS countries in areas including agriculture, infrastructure and climate change.
The increased cooperation among the BRICS nations will benefit all peoples, Modi said.
South African President Jacob Zuma said the international society is at present facing increasing challenges, which requires stronger cooperation among the BRICS nations within the framework of the United Nations and regional organizations.
All the five BRICS nations are influential members of the international community, he said, hoping for enhanced cooperation and bigger role of the BRICS nations in helping African countries eliminate poverty.
South Africa will actively participate in the work related to the NDB and CRA, he said, noting that his country is ready to work with other BRICS nations to implement the cooperation strategy and bring benefit to the peoples of the five nations.
Brazilian President Dilma Rousseff, for her part, said the decision of the BRICS nations on establishing the NDB and CRA is an important measure to deepen cooperation.
We need to formulate development strategies in line with the global situation, expand cooperation areas and attract more countries to participate in BRICS cooperation in a bid to increase the influence of the BRICS countries, she said.
She also called on the BRICS countries to strive for greater representation in international financial institutions.
The five leaders also exchanged views on international and regional issues of common concern.
After their meeting, the BRICS leaders witnessed the signing of an agreement on inter-governmental cultural cooperation, an MoU on the creation of a joint BRICS website, and another MoU on the cooperation between banking institutions of BRICS countries with the NDB.
The Ufa Declaration and an action plan were issued after the meeting.
India has offered to host the 8th BRICS summit in 2016, according to the declaration.
