Xi was apparently trying to appeal to the developing world to build a broad-based alliance to counteract Trump’s trade war. He called on these leaders to be resolute in rejecting unilateralism.
The BRICS countries, amid the trade tensions triggered by the U.S., have made the unanimous decision to work together to face the opportunities and challenges brought about by the digital economy and the Fourth Industrial Revolution.
Amid the countless multilateral mechanisms, BRICS doesn’t boast a long history. But it stands out for two reasons.
On Thursday, China's President Xi Jinping started a state visit to the United Arab Emirates. This is his first overseas visit after he was re-elected president earlier this year.
If the Xiamen declaration is anything to go by, then BRICS Plus presents enormous opportunities for stronger and more sustainable economies in Africa.
Ahead of the meeting in Xiamen the New Development Bank had presented the second package of investment projects with total worth of $ 1.5 billion and opened a regional center in Africa.
There lies a deeper responsibility on all nations to ensure that BRICS does not mere remain an acronym to defy the western associations but ensure growth prospects for all.