China’s Xi calls on BRICS countries to ‘resist all forms of protectionism’

China’s Xi calls on BRICS countries to ‘resist all forms of protectionism’

President Xi Jinping says the bloc must uphold the multilateral trading system with the World Trade Organization at its core.

China's President Xi Jinping
Chinese President Xi Jinping said the 11-nation BRICS bloc must remain steadfast in promoting an open global economy. (EPA Images pic)
BEIJING:
Chinese President Xi Jinping called on the 11-nation BRICS bloc to “resist all forms of protectionism” at a virtual leaders’ summit today.

“We must uphold the multilateral trading system with the World Trade Organization at its core and resist all forms of protectionism,” he said in his speech to the group, which includes Brazil, Russia, India, China, South Africa, Saudi Arabia and Indonesia.

“No matter how the international situation changes, we must remain steadfast in promoting the building of an open global economy, sharing opportunities and achieving win-win results through openness,” Xi added.

Brazilian President Luiz Inacio Lula da Silva convened the virtual meeting to discuss “the defence of multilateralism”.

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