'Brics countries must work together to tackle global challenges'

From left: Brazil’s President Michel Temer, Russian President Vladimir Putin, Chinese President Xi Jinping, President Jacob Zuma and Indian Prime Minister Narendra Modi at the Brics Summit at the Xiamen International Conference and Exhibition Centre in Xiamen, south-eastern China’s Fujian Province. Picture: AP

From left: Brazil’s President Michel Temer, Russian President Vladimir Putin, Chinese President Xi Jinping, President Jacob Zuma and Indian Prime Minister Narendra Modi at the Brics Summit at the Xiamen International Conference and Exhibition Centre in Xiamen, south-eastern China’s Fujian Province. Picture: AP

Published Sep 5, 2017

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Xiamen - Chinese President Xi

Jinping on Tuesday urged Brics nations to deepen coordination on

global matters, and push for a more "just" world order, by

boosting representation for emerging and developing countries in

international bodies.

Reiterating that emerging and developing markets have been

the primary engine of global growth, Xi called for a bigger role

for Brics in speeding economic governance reforms and promoting

trade, especially as rising risks veil a global recovery.

"Brics countries should push for a more just and reasonable

international order," Xi told a summit of the grouping, which

includes Brazil, Russia, India, China and South Africa.

"We should work together to address global challenges."

In his closing remarks, Xi urged the grouping to battle for

more "representation power" for emerging and developing

countries, which some analysts say are often under-represented

in global institutions such as the World Bank, by comparison

with the dominance of the United States and Western Europe.

The summit in the southeastern city of Xiamen has given host

China its latest chance to position itself as a bulwark of

globalisation in the face of U.S. President Donald Trump's

"America First" agenda.

Xi appeared to rebuke the United States's resistance to

international pacts - including the Paris climate accord - in a

separate speech earlier on Tuesday to leaders of Brics and other

developing countries.

"Multilateral trade negotiations make progress only with

great difficulty and the implementation of the Paris Agreement

has met with resistance," Xi said.

"Some countries have become more inward-looking, and their

desire to participate in global development cooperation has

decreased."

In talks on the North American Free Trade Agreement (NAFTA),

Trump has sought improved terms for the United States, under

threat of leaving the pact, and has said he will withdraw his

country from the Paris climate accord.

Xi gave $500 million for a South-South cooperation fund to

help other developing countries tackle famine, refugees, climate

change and public health challenges, besides an earlier

$80-million summit pledge to support Brics cooperation.

Egypt, Guinea, Tajikistan, Thailand and Mexico joined the

three-day summit as observer nations, and Xi called for a "Brics

Plus" plan to potentially expand the bloc, although no new

member has been formally announced.

Xi lauded smooth progress in the grouping's cooperation in

areas such as anti-terrorism and internet security.

"Leaders from the Brics countries are determined to work

towards another 'golden decade'," he added.

Reuters

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