The BRICS Foreign Ministers' Meeting, held in Rio de Janeiro from April 28 to 29, delivered a powerful message emphasizing an open, transparent, and fair multilateral trading system. The chair's statement highlighted the countries' united stand on upholding multilateralism, defending fairness and justice, and promoting common development.
In a dynamic world where trade fuels progress, the ministers stressed the importance of a system based on clear rules and equal opportunity with the World Trade Organization at its core. They expressed serious concerns over protectionist practices and the misuse of reciprocal tariffs, urging a level playing field for everyone. This approach resonates with the need for equity and collaboration—values that many of us champion in today’s fast-paced, globally connected environment. 😊
The statement also underscored the role of international trade in driving inclusive growth, alleviating hunger and poverty, and fostering sustainable development, particularly for the Global South. With a commitment to necessary reforms at the WTO, the ministers aim to strengthen its functions and counter rising unilateralism.
Moreover, they reaffirmed their dedication to multilateralism and compliance with international law by supporting the purposes of the UN Charter and safeguarding human rights and fundamental freedoms. This call for fairness and cooperation is a reminder that working together on a global scale is essential to overcome challenges and create opportunities for sustainable progress.
Reference(s):
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