The leaders of Brazil, Russia, India, China and South Africa (BRICS) on Thursday stated they may proceed to debate the potential of admitting new nations to the five-nation grouping on the premise of “full consultation and consensus.”
“We note with satisfaction the progress made in BRICS institutional development and stress that BRICS cooperation needs to embrace changes and keep abreast with the times,” a declaration issued on the finish of a China-hosted digital summit of the five-nation bloc stated.
The digital summit was attended by Prime Minister Narendra Modi, Chinese President Xi Jinping, Russian President Vladimir Putin and Brazilian President Jair Bolsonaro and South African President Cyril Ramaphosa.
ALSO READ | NSA Ajit Doval requires bolstering cooperation towards terrorism at BRICS meet
“We shall continue to set clear priorities in our wide-ranging cooperation, on the basis of consensus, and make our strategic partnership more efficient, practical and results-oriented,” the declaration stated.
“We support promoting discussions among BRICS members on BRICS expansion process. We stress the need to clarify the guiding principles, standards, criteria and procedures for this expansion process through Sherpas’ channel on the basis of full consultation and consensus,” it stated.
The 5 leaders emphasised the efforts of extending cooperation to different Emerging Markets and Developing Countries (EMDCs) and assist additional selling the BRICS Outreach and BRICS Plus Cooperation in keeping with the up to date phrases of reference adopted by the BRICS Sherpas in 2021 by way of inclusive and equal-footed and versatile practices and initiatives.
The declaration additionally praised China’s Chairship for internet hosting a dialogue session beneath the theme ‘Increased Role of Emerging Markets and Developing Countries in Global Governance’ through the Meeting of BRICS Ministers of Foreign Affairs/International Relations on May 19, 2022.
Last month, Chinese Foreign Minister Wang Yi chaired the Dialogue of Foreign Ministers Between BRICS and Emerging Markets and Developing Countries in a digital format.
It was attended by overseas ministers from BRICS nations, Kazakhstan, Saudi Arabia, Argentina, Egypt, Indonesia, Nigeria, Senegal and representatives of the overseas ministers of the UAE and Thailand.
Brazil, Russia, India and China additionally prolonged full assist to South Africa for its BRICS Chairship in 2023 and the holding of the subsequent BRICS Summit, the declaration stated.
