New Delhi, Oct 28 (IANS) Listing promotion of just and equal multipolarity as a vital priority, Russia’s Ambassador to India, Denis Alipov on Monday asserted that the addition of more partner-countries will multiply the value of diversified partnership and add to BRICS’s global influence, which is now making a decisive contribution to the global food and energy security.
Briefing media in New Delhi on the outcomes of last week’s 16th BRICS Summit in Kazan, which was also attended by Prime Minister Narendra Modi, the Russian diplomat stated that an evolving BRICS as a dedicated platform for the Global South is a reflection of current realities.
“As like-minded countries, we will keep closely coordinating on various international issues on the UN, G20 and WTO agenda to create better conditions for the Global South to get an equal access to technological, financial and natural resources and to remove development gaps and achieve SDGs,” commented Alipov.
The summit in Kazan was held under the motto of ‘Strengthening Multilateralism for Equitable Global Development and Security’ and was the first in the expanded format with leaders from 35 states and six international organisations, including the UN Secretary General as well as Asian, African and Latin American countries, joining the plus and outreach formats.
Under its presidency, Russia hosted around 200 events – foreign and other sectoral ministerial meetings, the Parliamentary Forum (attended by Lok Sabha Speaker Om Birla), the NSAs dialogue – that saw participation of NSA AJit Doval – working groups, conferences and seminars, business fora, cultural and film festivals as also sport games, fashion forum and fire drills.
“We succeeded quite well despite all doubts regarding differences within the expanded membership. Because our biggest value is the sincere dedication to find amicable solutions and a common ground when it comes to difficult issues,” maintained Alipov.
He emphasised that BRICS is not exclusive but inclusive, not anti-west but non-west and has transformed into an “indispensable framework” for emerging centres of power, attracting more and more counties as a response to the global turbulence and uncertainty.
“One of the major outcomes of the summit is that we have created the new category of partner-countries, which will be individually invited to join the forum in this capacity. They will be announced after they accept invitations. It was very important to satisfy the growing interest to BRICS. This step will definitely multiply the value of our diversified partnership and add to the forum’s global influence, which is now making a decisive contribution to the global food and energy security,” said Alipov.
The BRICS members decided in Kazan to work out an investment platform through strengthening the New Development Bank as the key institution for sustainable development of its shareholders along with considering the BRICS Cross-Border Payments Initiative to facilitate interaction between central banks and the use of local currencies to strengthen financial sovereignty and independence.
It was also decided to study the feasibility of an electronic platform to settle cross-border trade in securities – BRICS Clear – and a BRICS (Re)Insurance Company besides upgrading Contingent Currency Arrangement, which serves as crucial tool to safeguard from short-term current account deficits.
“The Summit in Kazan signaled that the new constructive agenda is shaping. Russia is committed to strengthen BRICS further with the focus on practical cooperation and international coordination,” the Russian Ambassador remarked.
Last Wednesday, during the BRICS restricted format meeting that was also addressed by Prime Minister Modi, Russian President Vladimir Putin had said that more than 30 countries have expressed a desire to join the BRICS alliance, an intergovernmental organisation comprising Brazil, Russia, India, China and South Africa which had added four new members – Egypt, Ethiopia, Iran and the United Arab Emirates – in January, this year.
“It would be wrong to ignore the unprecedented interest of the countries of the Global South and East in strengthening contacts with BRICS. In one form or another, more than 30 states have already expressed such a desire. At the same time, it is necessary to maintain a balance and not allow a decrease in the effectiveness of BRICS,” said Putin while making his opening statement.
–IANS
as/
Disclaimer
The information contained in this website is for general information purposes only. The information is provided by BhaskarLive.in and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.
In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.
Through this website you are able to link to other websites which are not under the control of BhaskarLive.in We have no control over the nature, content and availability of those sites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.
Every effort is made to keep the website up and running smoothly. However, BhaskarLive.in takes no responsibility for, and will not be liable for, the website being temporarily unavailable due to technical issues beyond our control.
For any legal details or query please visit original source link given with news or click on Go to Source.
Our translation service aims to offer the most accurate translation possible and we rarely experience any issues with news post. However, as the translation is carried out by third part tool there is a possibility for error to cause the occasional inaccuracy. We therefore require you to accept this disclaimer before confirming any translation news with us.
If you are not willing to accept this disclaimer then we recommend reading news post in its original language.
