On Thursday, the BRICS nations issued a resounding denunciation of terrorism in all of its manifestations, including terrorists’ cross-border travel, terrorism financing networks, and safe havens. The five-member grouping also urged the Comprehensive Convention on International Terrorism to be finalized and adopted as soon as possible within the UN system in a statement released at the conclusion of the 14th BRICS Summit, which was held via video link.
“We are aware of the threat posed by terrorism, extremism that supports terrorism, and radicalization. Including the transit of terrorists across borders, terrorism financing networks, and safe havens, we are devoted to fighting terrorism in all of its forms and manifestations”. The statement was made. Along with Presidents Xi Jinping of China, Vladimir Putin of Russia, and key officials from Brazil and South Africa, Prime Minister Narendra Modi attended the fictitious BRICS conference.
“We stress that there should be no connection between terrorism and any nation, ethnicity, religion, or nationality. We demand that the Comprehensive Convention on International Terrorism be completed and adopted as quickly as possible within the framework of the UN and that multilateral negotiations on an international convention for the suppression of acts of chemical and biological terrorism be started at the Conference of Disarmament” The statement was made. The Seventh BRICS Counter-Terrorism Working Group Plenary Meeting and its five Subgroup Meetings were also welcomed at the summit.
We applaud the Chair for organising the Seminar on Targeted Financial Sanctions Related to Terrorism and Terrorist Financing and anticipate that the Seminar on Strengthening Counter-Terrorism Capacity Building in Developing Countries and the BRICS Police Training Program will be organised. We also anticipate strengthening our collaboration in the fight against terrorism,” it added.
“We look forward to further deepening counterterrorism cooperation, reaffirm the UN Security Council’s exclusive authority to impose sanctions, and call for further consolidation and strengthening of UN Security Council Sanctions Committees’ working methods to ensure their effectiveness, responsiveness, and transparency, while avoiding politicization of any of their proceedings, including listing proposals objectively on evidence-based criteria,” it said. The summit reaffirmed the commitment to enhancing global collaboration in the fight against exploitation.
“The BRICS Initiative on Denying Corruption a Safe Haven is something we applaud. By enhancing anti-corruption exchanges and collaboration within global frameworks, we will further expand anti-corruption capacity building through educational and training initiatives. The inaugural BRICS Anti-Corruption Ministerial Meeting is welcomed” It read.
The major drug problem around the world was another issue brought up at the summit. “We appreciate the proactive role played by the BRICS Anti-Drug Working Group in strengthening global drug governance and countering transnational drug trafficking, and we will further deepen drug control cooperation,” the statement is recite.
Additionally, it urged the synchronisation of policies for the COVID pandemic’s economic recovery. In order to achieve a robust, sustained, balanced, and inclusive post-COVID economic recovery, it was said that “we reiterate our commitment to continuing to increase macro-economic policy coordination, expand economic practical cooperation, and work toward these goals.” In all pertinent ministerial tracks and working groups, “we emphasize the necessity of continuing execution of the Strategy for BRICS Economic Partnership 2025.”
“We acknowledge the vitality of the digital economy’s role in reducing COVID-19’s effects and fostering global economic growth.” “We note that China is sponsoring the ‘Buy BRICS’ online promotion event, and we support the BRICS Initiative on Trade and Investment for Sustainable Development, the BRICS Initiative on Enhancing Cooperation on Supply Chains, and the BRICS Digital Economy Partnership Framework,” it said. The BRICS nations have agreed to advance the implementation of the BRICS Framework for Consumer Protection in E-commerce in order to promote consumer protection in e-commerce, according to the declaration, which also welcomed the creation of the Digital Economy Working Group by upgrading the E-commerce Working Group.
As stated in the BRICS Framework for Cooperation on Trade in Services, “We agree to strengthen exchanges and cooperation in trade in services and engage BRICS national focal points, as established in the BRICS Trade in Services Cooperation Roadmap and relevant documents, including the BRICS Framework for cooperation in Trade in Professional Services,” it read. The summit applauded the BRICS New Development Bank (NDB) on both the inauguration of its regional office in India and its move to a permanent headquarters structure in Shanghai.
“We welcome the decisions on admission of four new members to the NDB and look forward to further membership expansion in a gradual and balanced manner, comprising both developed and developing countries, to enhance the NDB’s international influence as well as the representation and voice of EMDCs in global governance,” the statement read.
The decision to launch the BRICS Think Tank Network for Finance is one we applaud. The statement said that we anticipate it to operate independently and offer intellectual support as needed for information exchange, the sharing of best practises and experiences, and collaboration on financial matters among the BRICS nations.
The statement read, “We appreciate the importance of improving the contingent reserve arrangement (CRA) mechanism, which helps to strengthen the global financial safety net and complements existing international financial and monetary arrangements.”
We acknowledge the significance of BRICS Startup Events, including the BRICS Innovation Launchpad and the BRICS Startup Forum Meeting, which are intended to foster networking, interaction, and mentorship among startups in the BRICS nations, the statement read.
We applaud the progress made in the areas of mutual administrative help, capacity building, and law enforcement cooperation as well as the Agreement between the Governments of BRICS Countries on Cooperation and Mutual Administrative Assistance in Customs Matters.
