Facing growing uncertainties and instability in international affairs, BRICS countries need to enhance solidarity and safeguard common interests, Mr. Xi said in a letter to Prime Minister Narendra Modi, Russia President Vladimir Putin, South African President Jacob Zuma and Brazilian President Michel Temer, official media reported.
Briefing fellow BRICS leaders about China’s blueprint for promoting cooperation among the member states during China’s presidency of the bloc this year, Mr. Xi said Beijing will host the ninth BRICS leaders’ summit in Xiamen, a coastal city in southeastern China’s Fujian province in September this year.
The summit will focus on four aspects, deepening pragmatic cooperation for common development, enhancing global governance to jointly counter challenges, carrying out people-to-people exchanges to consolidate public support for cooperation and promoting mechanism-building to construct broader partnership, said Mr. Xi, also the General Secretary of the ruling Communist Party of China (CPC).
The Shanghai-based bank headed by Indian banker K V Kamath has started disbursing loans for various green infrastructure projects in the five countries.
Mr. Xi’s letter comes ahead of US President-elect Donal Trump taking over as President later this month amid apprehensions that he would pursue hardline U.S. centric policies which Beijing avers will affect the current order of globalisation benefitting the emerging economies.
China hopes cooperation among BRICS grouping will move forward to a new level during its 9th summit, Mr. Xi said.
