Brazil, Russia sign memorandum on economic, financial cooperation

Brazil and Russia have signed a memorandum of understanding aimed at strengthening bilateral economic and financial cooperation, according to a document released by the Brazilian government on Sunday.

The memorandum of understanding is aimed at coordinating matters related to financial and economic cooperation between the two countries through the establishment of a mechanism of regular bilateral economic and financial dialog.

The two sides will also organize expert committees and governing councils to develop concrete measures for deepening their partnership.

In addition, the countries agreed to facilitate the work on the bilateral cooperation, and interact within the frameworks of BRICS and the G20.

Chinese Foreign Minister Wang Yi on Thursday said China will take part in the selection of the next United Nations (UN) secretary-general in a responsible and constructive manner while meeting with Michelle Bachelet, candidate for the next UN secretary-general and former Chilean president in Beijing.

Bachelet pointed to the UN as the indispensable platform for the international community to respond jointly to global challenges, saying the UN should uphold the authority of the Charter, remain action-oriented and take coordinated steps to advance the three pillars of peace, development and human rights.

Stressing her firm commitment to the one-China principle, Bachelet expressed her appreciation for China's long-standing efforts in promoting multilateralism and the UN cause, and her readiness to work with China and the international community to jointly enhance the status and role of the UN.

Wang, also a member of the Political Bureau of the Communist Party of China Central Committee, said China will work to promote the United Nations to revitalize its authority and vitality, and to better adapt to the new circumstances and better cope with new challenges.

Noting China has always been the staunch supporter and active constructor of the UN cause, Wang said China is willing to work with all sides to safeguard, revitalize and strengthen the UN.