Brazilian President Luiz Inacio Lula da Silva emphasized the significant contributions of the BRICS cooperation mechanism to global economic development and multilateralism at the opening session of the BRICS Business Forum 2025 on Saturday.
The forum, held in Rio de Janeiro, brought together participants to deliberate on topics including sustainable economic development, food security, energy transition, and digital economy of BRICS countries.
Lula stated that 40 percent of the global GDP is contributed by BRICS countries, with the overall GDP growth of BRICS countries reaching four percent in 2024, significantly exceeding the global average of 3.3 percent.
The Brazilian president said the BRICS mechanism will make more contributions to the world.
"As global protectionism is on the rise, emerging economies should jointly defend the global multilateral trading system and reshape the international financial architecture. The BRICS cooperation mechanism will continue to provide guarantees for a better life for the people," Lula said.
Lula also spoke highly of the significant contribution of the New Development Bank (NDB) to the international financial system.
Five BRICS countries -- Brazil, Russia, India, China and South Africa -- established the NDB in 2014. Headquartered in Shanghai, the NDB officially began operations in 2015 to fulfill its mission of mobilizing resources for infrastructure and sustainable development projects in BRICS member nations, as well as other emerging-market economies and developing countries.
The 17th BRICS Summit is being held Sunday and Monday in Rio de Janeiro. As the rotating chair of the bloc, Brazil is hosting the summit under the banner of "Strengthening Global South Cooperation for More Inclusive and Sustainable Governance".
Brazilian president hails BRICS mechanism for advancing global economic development
Brazilian president hails BRICS mechanism for advancing global economic development
Brazilian president hails BRICS mechanism for advancing global economic development
The Shenzhou-21 crew aboard China's orbiting Tiangong space station completed their mission's third series of extravehicular activities (EVAs) on Friday, according to the China Manned Space Agency (CMSA).
The astronaut trio -- Zhang Lu, Wu Fei and Zhang Hongzhang -- worked for roughly five and a half hours and completed their EVAs at 01:36 (Beijing Time), assisted by the space station's robotic arm and a team on Earth.
The trio completed the installation of a space debris protection device for the space station, and extravehicular equipment and facility inspections, among other tasks. Zhang Lu, the commander of the Shenzhou-21 mission, and Wu Fei conducted the spacewalk and returned to the Wentian lab module safely, according to the CMSA.
Zhang Lu has so far carried out seven EVAs, making him one of the Chinese astronauts with the most spacewalks to date.
Since completing their second series of EVAs on March 16, the Shenzhou-21 astronauts have steadily advanced experiments in areas such as space life sciences, human research, and microgravity physical science. They have carries out in-orbit environmental monitoring, equipment inspection and maintenance, and supply management. The crew has also completed a full-system pressure emergency drill, emergency life-support training, and preparations for extravehicular activities.
The three astronauts have been in orbit for more than five months and remain in good working and living condition.
To further validate technologies related to long-term human habitation in orbit and to maximize the comprehensive benefits of using the Shenzhou-22 spacecraft as an emergency launch vehicle to resupply the space station, it has been decided, after careful evaluation and assessment, that the crew's stay in orbit will be extended by approximately one month.
During the upcoming phase of their space journey, the crew will continue to conduct scientific experiments and technical tests, and will also celebrate the Space Day of China, which is marked annually on April 24, and the International Workers' Day on May 1 while in orbit.
Shenzhou-21 astronauts complete 3rd series of extravehicular activities
