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
Hundreds of Japanese residents gathered in front of the prime minister's official residence in Tokyo on Thursday evening, demanding that Sanae Takaichi retract her recent erroneous remarks regarding China's Taiwan region.
At a Diet meeting on Nov. 7, Takaichi claimed that the Chinese mainland's "use of force on Taiwan" could constitute a "survival-threatening situation" for Japan and implied the possibility of armed intervention in the Taiwan Strait, which has immediately drawn strong criticism at home and abroad.
Holding placards and banners that read "Against war" and "Takaichi resign", the protesters chanted "We don't want a prime minister who incites war! Takaichi, withdraw your remarks immediately! The Takaichi administration must step down now!"
"Stop military expansion! Stop missile deployment immediately!" the protesters also shouted.
"What exactly is Takaichi thinking? Isn't she pushing Japan into war? I believe she must retract her statements immediately. From a diplomatic perspective, as a member of Japan's Diet, she utterly lacks basic common sense. As a Japanese citizen, I truly find her behavior shameful," said a protester.
Takaichi's provocative remarks regrading Taiwan has constituted a serious challenge to Japan's pacifist constitution and its legal obligations as a defeated country in World War II, said the protesters.
"Japan inflicted tremendous harm on Asian countries during the Asia-Pacific War [of World War II]. That is precisely why we pledged 'Never again to wage war, never again to possess weapons,' and established the crucial Article 9 of our Constitution. Therefore, we absolutely cannot accept Takaichi's provocative remarks against China," said another protester.
The Constitution of Japan was enacted in 1947 and is known as the pacifist postwar constitution. The cornerstone of the constitution is Article 9, which renounces the nation's right to engage in war or to resort to military force to resolve international conflicts.
For decades, this article has been a fundamental constraint on Japan's military endeavors.
"Japan has the pacifist constitution and must absolutely not head towards war. We must return to this fundamental principle. Takaichi must immediately stop and retract her remarks. She must apologize, resign and take responsibility for the mistake," said a Japanese protester.
Japanese residents rally, urging PM to retract erroneous remarks regarding China's Taiwan
