Thaindian News

Sanya, Apr 14 (ANI): Leaders of Brazil, Russia, India, China and South Africa today said that BRICS countries will continue to enjoy strong and sustained economic growth.

In a joint declaration here, the leaders of the five countries said: “BRICS countries will continue to enjoy strong and sustained economic growth supported by our increased cooperation in economic, finance and trade matters, which will contribute to the long-term steady, sound and balanced growth of the world economy.”

“We affirm that the BRICS and other emerging countries have played an important role in contributing to world peace, security and stability, boosting global economic growth, enhancing multilateralism and promoting greater democracy in international relations,” the declaration reads.

Emphasising that in the economic, financial and development fields, the leaders said: “BRICS serves as a major platform for dialogue and cooperation.”

“We are determined to continue strengthening the BRICS partnership for common development and advance BRICS cooperation in a gradual and pragmatic manner, reflecting the principles of openness, solidarity and mutual assistance,” they added.

Reiterating that such cooperation is inclusive and non-confrontational, the leaders said: “We reiterate that such cooperation is inclusive and non-confrontational. We are open to increasing engagement and cooperation with non-BRICS countries, in particular emerging and developing countries, and relevant international and regional organizations.”

“We share the view that the world is undergoing far-reaching, complex and profound changes, marked by the strengthening of multipolarity, economic globalization and increasing interdependence,” they said.

Facing the evolving global environment and a multitude of global threats and challenges, the Sanya declaration further said that the international community should join hands to strengthen cooperation for common development.

“Based on universally recognized norms of international law and in a spirit of mutual respect and collective decision making, global economic governance should be strengthened, democracy in international relations should be promoted, and the voice of emerging and developing countries in international affairs should be enhanced,” it added. (ANI)