JOHANNESBURG - The heads of state of Brazil, Russia, India, China and South Africa on Thursday committed to enhancing strategic partnership to benefit their countries' citizens through promoting peace, a fairer international order, sustainable development and inclusive growth.
In a declaration at the 10th summit of their Brics formation, the leaders also resolved to strengthen cooperation in the areas of economy, peace and security and people-to-people exchanges, reaffirming their commitment to mutual respect, sovereign equality, democracy and inclusiveness.
The July 25-27 is being held in South Africa's commercial hub of Johannesburg, under the theme “Brics in Africa: Collaboration for Inclusive Growth and Shared Prosperity in the 4th Industrial Revolution”.
The 4th Industrial Revolution refers to the fourth major industrial era since the initial one of the 18th century, marked by emerging technology breakthroughs in robotics, artificial intelligence, blockchain, nanotechnology, quantum computing, biotechnology, The Internet of Things, 3D printing and autonomous vehicles.
"We recognise the importance of Brics scientific, technical, innovation and entrepreneurship cooperation for sustainable development and to enhance inclusive growth," the five leaders said.