Comment by the Information and Press Department on Foreign Minister Sergey Lavrov’s participation in the BRICS Foreign Ministers Meeting

Tuesday, 20 June 2017 07:04

On June 18-19, Foreign Minister Sergey Lavrov will take part in the BRICS Foreign Ministers Meeting in Beijing. We regard the forthcoming full-format meeting that is not bound to other international forums as corresponding to the increasingly intensive dynamics of international developments. Additionally, it promotes the practice of the annual “synchronisation of watches” between the five foreign ministers on the sidelines of UN General Assembly sessions.

The meeting will focus on a broad range of most urgent problems related to maintaining international peace and stability, world economy, and issues of cooperation and coordination of BRICS approaches under the difficult conditions of global turbulence. The ministers will hold a detailed exchange of views on settling acute international conflicts, including in Syria, the Middle East, Afghanistan and Africa, and stepping up the joint effort to counteract the international terrorist threat.

The Five are committed to the principles of indivisible security and stronger international stability in all dimensions, as well as to methods of collective settlement of crises by political and diplomatic means and joint counteraction to new global challenges and threats, primarily international terrorism.

The association played an important role in promoting IMF reform. BRICS financial and economic cooperation should be noted in particular, primarily the launch of the $200 billion New Development Bank (NDB) and Contingent Reserve Arrangement, which have taken their place in the world monetary and financial system to facilitate the modernisation of global governance architecture and the financial security system. A specific result of the Bank’s activities is that it has started to finance the first projects in renewable energy sources.

The Five favour the implementation of the 2030 Agenda for Sustainable Development and the Paris Agreement on climate change.

BRICS is an example of the effort to strengthen polycentric principles in international relations. States different in cultural and civilisational respects are developing relations on the principles of equality and close regard for each other’s interests, and are promoting a unifying agenda in world affairs, based on the central role of the United Nations, respect for international law, and non-acceptance of attempts to interfere in internal affairs or use double standards, unilateral sanctions or military intervention. The strategic partnership within the association is not a geopolitical counterbalance to anyone. Rather, it is a positive mechanism for connectivity and a multiplier of the five countries’ national interests.

The Five are focusing on consolidating and diversifying the mechanisms for multi-level cooperation and looking for new innovative trends in cooperation. At the same time, BRICS is open to the outside world, while consistently expanding cooperation with concerned countries and their associations.

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