G20 Summit: Xi Jinping urges BRICS members to promote open world economy, common development

Hamburg: Chinese president Xi Jinping on Friday urged the BRICS members to unswervingly build an open world economy, champion multilateralism and promote common development.

Xi Jinping and Narendra Modi durig the BRICS informal meeting. PTI

Xi Jinping and Narendra Modi during the BRICS informal meeting. PTI

Xi put forward the proposals at an informal leaders' meeting of the emerging-market bloc, which groups Brazil, Russia, India, China and South Africa, ahead of a Group of 20 (G20) Summit in the German port city of Hamburg, Xinhua news agency reported.

The BRICS leaders exchanged views on the current international political and economic circumstances and the G20's priorities, and reached important agreements on strengthening BRICS unity and coordination, jointly improving global economic governance and promoting sustainable development.

The Chinese leader, who presided over the meeting, also called on the BRICS countries to push for peaceful settlement of regional conflicts and disputes, and to consolidate the role of the G20 mechanism as the premier platform for international economic cooperation.

Meanwhile, the leaders pledged to work together for positive results at the BRICS Summit in the southeastern Chinese seaside city of Xiamen later this year.

Published Date: Jul 07, 2017 06:39 pm | Updated Date: Jul 07, 2017 06:39 pm

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