In a bold call for a brighter future, Chinese Foreign Minister Wang Yi stressed the power of BRICS unity during the Foreign Ministers’ Meeting in Rio de Janeiro. He outlined four key proposals to reshape global governance and ensure the collective interests of the Global South are front and center. 🚀
Wang Yi urged BRICS countries to adhere to multilateral trade rules and oppose protectionism. By reinforcing a rule-based trading system centered on the World Trade Organization (WTO), he emphasized that reforming trade practices and easing market barriers are essential for sustainable economic growth—much like the tech innovations shaking up our everyday lives. 💻
The discussion also focused on enhancing global financial governance. Wang Yi called for reforms in the international financial architecture, including a review of World Bank shareholding and adjustments to International Monetary Fund (IMF) quotas, to better support emerging economies in the Global South. This shift mirrors the dynamic changes seen in startup hubs across South and Southeast Asia. 💰
Climate action took center stage as well. Emphasizing the green transformation, he advocated for the full implementation of the Paris Agreement and supported Brazil's leadership in hosting COP30. This commitment to low-carbon energy initiatives resonates with our region's growing focus on sustainability and clean tech. 🌱
Rounding off the proposals, Wang Yi highlighted the importance of sharing digital opportunities. He championed the advancement of the UN's Global Digital Compact to bridge the digital divide and refine governance in artificial intelligence, paving the way for a fair, inclusive, and safe cyberspace. The upcoming 2025 World Artificial Intelligence Conference in Shanghai is set to be a pivotal moment for tech enthusiasts worldwide. 🤖
This comprehensive approach—from trade and finance to climate action and digital innovation—calls on young professionals and tech-savvy individuals across South and Southeast Asia to engage in building a more inclusive global future. Let's keep the conversation going and drive meaningful change together! 💡
Reference(s):
China highlights BRICS unity, cooperation to improve global governance
cgtn.com
