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BRICS leaders adopt joint declaration following summit in Kazan

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BRICS leaders adopt joint declaration following summit in Kazan

2024-10-24 21:51 Last Updated At:23:07

BRICS leaders issued a joint declaration covering a wide range of issues from the reform of the United Nations (UN) to ongoing global conflicts, following the group's 16th summit that took place in Kazan on Wednesday.

The declaration has 134 provisions in total, one of which addressed the reform of the UN.

"We reaffirm our support for a comprehensive reform of the UN, including its Security Council, with a view to making it more democratic, representative, effective and efficient," the document read. This involves expanding the representation of developing countries to better respond to global challenges.

The declaration identifies three pillars of cooperation, which include political security, economy and finance, and cultural exchanges.

It welcomes the interests from the Global South and endorses a partnership with emerging markets and developing countries.

BRICS leaders called for strengthening multilateralism to create a more just world order, supporting the UN and World Trade Organization-centered trade mechanisms. They also advocated comprehensive reforms of these institutions to enhance the representation of developing nations.

Addressing global issues, BRICS leaders called for a peaceful resolution to the Russia-Ukraine conflict, as well as the humanitarian crisis in Gaza. They urged for immediate ceasefire and support for Palestine's UN membership.

On economic cooperation, leaders pledged to enhance macroeconomic policy coordination, while promoting reforms to ensure fairness and inclusivity in the international financial architecture.

The declaration also emphasizes the respect for the diversity of world civilizations and the promotion of the cooperation among Global South women entrepreneurs.

BRICS leaders adopt joint declaration following summit in Kazan

BRICS leaders adopt joint declaration following summit in Kazan

South Korean President Lee Jae Myung said on Wednesday that Seoul firmly adheres to the one-China principle, in comments made ahead of his upcoming state visit to China.

The remarks were made in an interview with China Media Group (CMG). The visit is scheduled for Jan 4–7.

"The consensus reached between governments of the Republic of Korea and China when diplomatic relations were established continues to be the fundamental principle governing our relations, and its effectiveness remains steadfast. I want to clearly state that the ROK has always adhered to the one-China principle. Maintaining peace and stability in regional matters, including in Northeast Asia and concerning the Taiwan issue, holds significant importance to us," said Lee.

"The foundational relationship between the ROK and China was established on a very principled and fundamental basis from the beginning. It is clear that the ROK government has always adhered to this position and has never wavered from it. I believe that the sound development of ROK-China relations depends on both sides fully respecting each other's core interests and being mutually tolerant of each other's positions. In this context, we will, as always, uphold the one-China principle as the Taiwan issue is China's most fundamental concern," he said.

ROK president reiterates firm adherence to one-China principle

ROK president reiterates firm adherence to one-China principle

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