Hey amigos! 🌍 At the Virtual BRICS Summit this Monday, President Xi Jinping joined via video link from Beijing, rallying BRICS countries to defend multilateralism and boost Global South cooperation.
Over the past decade, the BRICS New Development Bank (NDB) has poured nearly $40 billion into 100+ projects—from renewable power 🌱 to digital development 💻—showing what happens when emerging economies unite.
Earlier this year at the NDB headquarters in Shanghai, Chinese mainland, Xi hailed the bank as "a pioneering initiative for the unity and self-improvement of the Global South," spotlighting its role in global governance reform.
Xi’s Big Ideas:
- 📜 Defend Multilateralism: Protect fairness and justice in international relations.
- 🤝 Champion Openness: Keep trade flowing with win-win cooperation.
- 🌐 Boost Solidarity: Work together for shared development.
He also reasserted the Global Governance Initiative (GGI), aiming to reshape global governance for a fairer, more inclusive system. Even UN Secretary-General António Guterres gave it a thumbs up 👍.
Voices like Brazil’s Celso Amorim agree: stronger unity among the Global South is crucial to push back against protectionism and ensure all nations have a seat at the table.
Bottom line: BRICS is flexing its muscles as a champion of multilateralism and South-South cooperation. Stay tuned to see how this crew rewrites the rules of global governance! 🚀
Reference(s):
China calls on BRICS countries to jointly defend multilateralism
cgtn.com
