Leaders of BRICS countries, gathering for the 17th BRICS Summit, reiterated their commitments to reforming and improving global governance by expanding Global South
cooperation. The meeting adopted the Rio de Janeiro Declaration, which calls for strengthening multilateralism and reforming global governance, promoting peace, security
and international stability, as well as deepening international economic, trade and financial cooperation.
cooperation. The meeting adopted the Rio de Janeiro Declaration, which calls for strengthening multilateralism and reforming global governance, promoting peace, security
and international stability, as well as deepening international economic, trade and financial cooperation.
Addressing the summit’s plenarysession themed “Peace and Security and Reform of Global Governance”, Chinese Premier Li Qiang called on BRICS countries to strive to become pioneers in advancing the reform of global governance, safeguard world peace and tranquillity, and boost the peaceful settlement of disputes. In 2015, Chinese President Xi Jinping put forward the global governance vision of extensive consultation and joint contribution for shared benefit, offering China’s solution to the global governance challenge. Ten years on, the vision has gained growing global influence as transformations unseen in a century are accelerating in the world.
“The world has entered a new phase of major turbulent changes, and the international order is undergoing a significant reorganisation. Following its expansion, the BRICS mechanism will unite efforts to promote common development, defend multilateralismand contribute more to building a more equitable global governance system,” said Boris Guseletov, a senior researcher at the Institute of European Studies of the Russian Academy of Sciences.
