• BRICS Summit begins in coastal Xiamen city of China

    Ramesh Tiwari
    September 3, 2017
    BRICS Summit  begins in coastal Xiamen city of China

    Xiamen ( China ) : The 9th annual BRICS Summit began in coastal Xiamen city of China with the inauguration of the BRICS Business Forum by Chinese President Xi Jinping.

    Chinese President Xi, in the capacity of the chair of this year’s BRICS summit,  delivered a keynote speech in the opening ceremony of the forum.

    Chinese President Xi Jinping said on Sunday that BRICS countries should work together to usher in the second “golden decade” of cooperation. He urged the member countries to work together, with the growth benefiting the people of the member nations, and ultimately reaching people around the globe.

    Xi made the remarks in a keynote speech at the opening ceremony of the BRICS Business Forum in the coastal city of Xiamen, reviewing progress made by the five BRICS countries in the past decade and looking to the future.

    The cooperation among the BRICS nations has reached a key point that serves as a link between the past and future, the president pointed out. “The bloc has become a bright spot in the global economy in the past decade and now looking into future, the five countries have major tasks to accomplish, which are to grow economies and to strengthen cooperation.”

    “We need to work together to usher in the second ‘golden decade’ of BRICS cooperation,” Xi noted.

    Themed “BRICS: Stronger Partnership for a Brighter Future”, the forum focuses on trade and investment, financial cooperation, connectivity and the blue economy. 

    President Xi revealed in his speech that the development of the BRICS countries has brought tangible benefits to more than three billion people, stating that “the bloc has contributed significantly to stabilizing the global economy and returning it to growth.”

    “The last decade has seen BRICS countries making huge progress in pursuing common development,” Xi said. He added, “in the past ten years, the combined GDP of the bloc has grown 179 percent, trade increased 94 percent while urban population expanded 28 percent.”

    “The bloc has also taken the lead in implementing the Millennium Development Goals and Sustainable Development Goals, and engaged in close dialogue and cooperation with other developing countries to pursue development through unity,” said Xi.

    Xi also stressed that the development of emerging markets and developing countries is not intended to “move the cheese of anyone” but to “make the cake of the global economy bigger.”

    Chinese Foreign Minister Wang Yi put forward the “BRICS Plus” proposal in March and China has invited the leaders of Egypt, Guinea, Mexico, Tajikistan and Thailand to attend the Dialogue of Emerging Markets and Developing Countries to engage in dialogue with the BRICS members.

    “BRICS” refers to an association of five major emerging national economies, they included Brazil, Russia, India, China and South Africa.

    They represent about 43% of the world’s population and 30% of the global GDP. Over the past decade, the BRICS nations have contributed to more than half of the world’s economic growth, in areas such as trade, finance, agriculture and technology.

    Since 2009, leaders of these five nations have been meeting annually at formal summits, the ninth of which is held in eastern China’s city of Xiamen .

    Inputs fronm Xinhua 

    September 3 , 2017

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      January 1 : New year nightclub attack leaves 39 dead in Istanbul
      January 20 : Republican billionaire Donald Trump sworn in as 45th US president
      January 23 : Syria peace talks begin in Kazakh capital Astana
      March 29 :United Kingdom officially launches the Brexit process
      April 4 :Syria launches chemical attack killing 90 people
      April 6 : US cruise missiles destroy Syrian air base
      April 9 : Bombings at two churches in Egypt kill dozens
      April 16 : Refugee death toll passes 1,000 in Mediterranean
      April 16 :Turkey says YES to presidential system
      May 6 :Emmanuel Macron elected French president defeating Marine Le Pen
      May 19 :Iran’s President Hassan Rouhani wins re-election
      May 22 : Terrorist attack kills 22 at Manchester concert
      June 5 : Gulf nations severe ties with Qatar
      June 7 :Suicide bombers attack Iranian parliament killing 13 people
      June 14 :London fire kills 71 in the 24-storey Grenfell Tower
      July 4 :North Korean leader Kim Jong-un’s missile ambitions
      July 28 : Pakistan’s top court disqualifies Prime Minister Nawaz Sharif from office
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      August 25 :Muslim Rohingya start fleeing Rakhine state in Myanmar
      September 15 : NASA’s 13-year Saturn mission ends
      September 20 : Earthquake kills more than 200 in Mexico
      September 24 : Germany’s Chancellor Angela Merkel wins fourth term
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      October 1 : Gunman opens fire on Las Vegas music festival killing 59 people
      October 14 : Massive bombing in Somalia’s capital Modadishu kill more than 500 people
      October 24 : China confirms the elevation of President Xi Jinping to the same status as the nation’s founder, Mao Zedong, and Deng Xiaoping, by enshrining ‘Xi Jinping thought’ in the party’s constitution at the 19th National Congress of the Communist Party of China
      October 27 : Catalonia declares independence from Spain
      November 4 : S audi Arabia detains 11 princes, four ministers and ten former ministers in a corruption probe
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      November 15 : Argentine navy submarine disappears with 44 crew on board
      November 21 : Robert Mugabe resigns as Zimbabwe’s president after 37 years in power. His former deputy Emmerson Mnangagwa will become president.
      November 22 : Bosnian Serb army commander Ratko Mladic convicted of genocide in Srebrenica during the 1990s Bosnian War
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      Between January and August 2017, destinations worldwide welcomed 901 million international tourist arrivals (overnight visitors), 56 million more than in the same period of 2016 .The top ten most visited cities are:
      HONG KONG26.6 million
      BANGKOK 21.2 million
      LONDON19.2 million
      SINGAPORE16.6 million
      MACAU15.4 million
      DUBAI14.9 million
      PARIS14.4 million
      NEW YORK12.7 million
      SHENZHEN12.6 million
      KUALA LUMPUR12.3 million

      Source: Euromonitor International

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