https://sputniknews.in/20230921/brics-backs-g20s-role-as-premier-multilateral-forum-for-economic-cooperation-4362443.html
G-20 is ‘Premier Multilateral Forum’ for Economic Cooperation: BRICS
G-20 is ‘Premier Multilateral Forum’ for Economic Cooperation: BRICS
Sputnik India
The foreign ministers of BRICS—Brazil, Russia, India, China and South Africa—grouping have backed the role of G20 as the “premier multilateral forum” in global economic and financial cooperation.
2023-09-21T15:18+0530
2023-09-21T15:18+0530
2023-09-22T10:24+0530
world news
south africa
india
brics
the united nations (un)
african union
russia
g-20
india g-20 presidency
global south
https://cdn1.img.sputniknews.in/img/07e7/09/15/4364227_0:370:960:910_1920x0_80_0_0_069cb0ebbb805c1f1288d85fe4550d6a.jpg
The foreign ministers of Brazil, Russia, India, China, and South Africa have officially supported the G-20 as the foremost multilateral forum for global economic and financial cooperation. This endorsement was made during their annual meeting held on the sidelines of the United Nations General Assembly, resulting in a joint statement released on Wednesday.The foreign ministers' meeting was chaired by Russia, the incoming chair of the BRICS grouping for 2024.While commending the successful hosting of the G-20 Summit by the Indian presidency this month, BRICS foreign ministers expressed support for the continuity of the grouping's agenda under the upcoming presidencies of Brazil and South Africa.The BRICS ministers expressed their welcome to the African Union (AU) as a full member of the G-20 during the summit in New Delhi. They expressed their optimism that the intergovernmental alliance would continue to strengthen and unite the voices of the Global South.The joint statement acknowledged the efforts made by South Africa to formalise the memberships of Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates (UAE) in BRICS, emphasizing the importance and progress of this ongoing work.At the BRICS Summit in Johannesburg last month, a decision was made to induct the six countries as BRICS members by January 1, 2024.BRICS Calls for Comprehensive Reforms of UNThe foreign ministers of the BRICS countries have urged for an overhaul of the United Nations (UN), particularly the Security Council, to foster a more democratic, representative, and efficient organization. Furthermore, they have emphasized the significance of enhancing the representation of developing nations within the UN.In particular, the BRICS joint statement said that Brazil, India and South Africa should play a “greater role” at the UN Security Council.The BRICS statement emphasized efforts to strengthen multilateralism and uphold international law.
https://sputniknews.in/20230910/global-south-stopped-west-from-making-ukraine-key-topic-at-g-20-lavrov-4168672.html
south africa
india
russia
global south
uae
saudi arabia
ethiopia
argentina
Sputnik India
feedback.hindi@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
2023
Dhairya Maheshwari
https://cdn1.img.sputniknews.in/img/07e6/0c/13/138962_0:0:641:640_100x100_80_0_0_2cb44360dbcdf6d84bf4b299cd045917.jpg
Dhairya Maheshwari
https://cdn1.img.sputniknews.in/img/07e6/0c/13/138962_0:0:641:640_100x100_80_0_0_2cb44360dbcdf6d84bf4b299cd045917.jpg
News
en_IN
Sputnik India
feedback.hindi@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
Sputnik India
feedback.hindi@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
Dhairya Maheshwari
https://cdn1.img.sputniknews.in/img/07e6/0c/13/138962_0:0:641:640_100x100_80_0_0_2cb44360dbcdf6d84bf4b299cd045917.jpg
un general assembly, g20 summit, brics summit, brics expansion, brics currency, un reforms, un security council, multilateral reforms, g7 sanctions, g7 sanctions against moscow, african union, african union g20 membership
un general assembly, g20 summit, brics summit, brics expansion, brics currency, un reforms, un security council, multilateral reforms, g7 sanctions, g7 sanctions against moscow, african union, african union g20 membership
G-20 is ‘Premier Multilateral Forum’ for Economic Cooperation: BRICS
15:18 21.09.2023 (Updated: 10:24 22.09.2023) BRICS foreign ministers discussed the possibilities of mutual support of their respective initiatives at the ongoing session of the UN General Assembly.
The foreign ministers of Brazil, Russia, India, China, and South Africa have officially supported the G-20 as the foremost multilateral forum for global economic and financial cooperation. This endorsement was made during their annual meeting held on the sidelines of the United Nations General Assembly, resulting in a joint statement released on Wednesday.
The foreign ministers' meeting was chaired by Russia, the incoming chair of the BRICS grouping for 2024.
The G-20 is recognized for its crucial role as an institution that unites developed and emerging economies on an equitable and mutually advantageous platform. Together, they strive to tackle pressing global issues like food security, poverty eradication, and the ambitious achievement of the Sustainable Development Goals (SDGs) before the deadline of 2030.
“In this context, they expressed their firm view that the G-20 should continue to function in a productive manner, focusing on the delivery of concrete outcomes, taking decisions by consensus,” the BRICS foreign ministers said.
While commending the
successful hosting of the G-20 Summit by the
Indian presidency this month, BRICS foreign ministers expressed support for the continuity of the grouping's agenda under the upcoming presidencies of Brazil and South Africa.
“They noted the opportunities to build sustained momentum for change by India, Brazil and South Africa presiding over the G-20 from 2023 to 2025,” the joint statement underlined.
The BRICS ministers expressed their welcome to the
African Union (AU) as a full member of the G-20 during the summit in New Delhi. They expressed their optimism that the intergovernmental alliance would continue to strengthen and unite the voices of the Global South.
The joint statement acknowledged the efforts made by South Africa to formalise the memberships of Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates (UAE) in BRICS, emphasizing the importance and progress of this ongoing work.
At the BRICS Summit in Johannesburg last month, a decision was made to induct the six countries as BRICS members by January 1, 2024.
BRICS Calls for Comprehensive Reforms of UN
The foreign ministers of the BRICS countries have urged for an overhaul of the United Nations (UN), particularly the Security Council, to foster a more democratic, representative, and efficient organization. Furthermore, they have emphasized the significance of enhancing the representation of developing nations within the UN.
The joint statement emphasizes the crucial importance of UN reforms to effectively address diverse global challenges and uphold the legitimate aspirations of nations in Africa, Asia, and Latin America.
In particular, the BRICS joint statement said that Brazil, India and South Africa should play a “greater role” at the UN Security Council.
The BRICS statement emphasized efforts to strengthen multilateralism and uphold international law.
Significantly, the five countries expressed concern about the use of “unilateral coercive measures” such as economic sanctions, highlighting that such measures were “incompatible with the principles of the UN Charter and produce negative effects notably in the developing world."
