Beijing, 22 June 2022 (TDI): The 14th BRICS summit started today in Beijing, China. President Xi Jinping gave his keynote speech at the opening ceremony. The summit is being held in a virtual format.
The theme of this year’s summit is “Foster a Global Development Partnership for the New Era to Jointly Implement the 2030 Agenda for Sustainable Development”
High-level officials of the member states attended the opening of the BRICS 2022 summit. China is heading the multilateral forum for the year 2022.
The Brazilian President Jair Bolsonaro, Russian President Vladimir Putin, Indian Prime Minister Narendra Modi, and the South African President Cyril Ramaphosa also addressed the opening ceremony.
Nearly 1000 different trade and economic officials, representatives of business communities, and envoys to China were present at the opening ceremony.
High-level Dialogue on Global Development
The High-level Dialogue on Global Development will also be hosted by the President of China Xi Jinping in Beijing on June 24. The heads of member states will take part in the dialogue.
The event will also host the leaders from developing countries and the leaders of emerging markets.
Also, it will be the first time that Russian President Vladimir Putin will attend any major global summit or event since the beginning of the Ukraine-Russia war.
Due to the current economic and security crises faced by the world, this year’s BRICS summit holds huge importance. Moreover, the summit will help the states to find new pathways to bring them out of contemporary global crises.
The experts have urged the BRICS members to join hands to overcome the Post-Covid economic crises the world is facing.
The findings of this summit could perform a key factor to find a way out of this global economic crisis.
BRICS is an intergovernmental organization comprising Brazil, Russia, India, China, and South Africa.
In addition, these countries form the largest economies in the developing world. The organization seeks to enhance economic integration and consultation among the members.