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President's 3-nation tour successful: FM
(Xinhua)
Updated: 2009-06-21 09:59

Strengthen Dialogue, Cooperation & Coordination

Yang said the meeting of the leaders of the BRIC nations -- Brazil, Russia, India and China -- was of historic significance since it was their first official summit.

President's 3-nation tour successful: FM
Chinese President Hu Jintao (2nd R) poses for a group photo together with Brazilian President Luiz Inacio Lula da Silva (1st L), Russian President Dmitry Medvedev (2nd L), and Indian Prime Minister Manmohan Singh during the first formal meeting of BRIC (Brazil, Russia, India and China) leaders in Yekaterinburg, Russia, on June 16, 2009.  [Xinhua] 
President's 3-nation tour successful: FM

The BRIC leaders exchanged in-depth views on major economic and development issues and ways to tackle the ongoing global financial crisis. They also laid out a blueprint for BRICs' future dialogue, cooperation and coordination.

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President Hu systematically expounded China's view and stance on the BRIC cooperation amid the current financial crisis, saying the BRIC nations were facing new development opportunities as well as unprecedented challenges.

Hu urged the countries to seize historical opportunities and strengthen cooperation and solidarity in a bid to safeguard the overall interests of developing nations.

While calling for closer cooperation among BRIC countries, Hu presented a four-point proposal, urging them to strengthen political mutual trust, deepen economic cooperation, promote cultural exchanges and encourage sharing each other's useful experiences.

The BRIC leaders said the four countries have a great potential for dialogues and cooperation, which should be further strengthened and deepened in an effort to safeguard common interests of emerging-market countries and developing nations.

The BRIC members and countries around the world are now facing a major task of actively tackling the economic crisis and promoting the recovery of the world economic growth, Hu said.

To this end, the BRIC nations should strengthen coordination and effectively implement the results of the G20 Summit, he added.

The Chinese president said he hoped the four countries could commit themselves to bringing about an early recovery of the world economy, pushing forward the reform of the international financial system, implementing the UN Millennium Development Goals (MDGs), and ensuring the security of food, energy resource, and public health.

Hu introduce China's anti-crisis measures and preliminary achievements gained in tackling the economic downturn and maintaining a steady and relatively rapid economic growth. He also expounded the initiatives China has adopted in a bid to actively participate in international cooperation, calling on the BRIC countries to take the lead in achieving a recovery from the crisis and promote the world economic recovery.

President Hu and other BRIC leaders exchanged views on some major global affairs and issued the Joint Statement of the BRIC Countries' Leaders in Yekaterinburg and a statement on food security.

The statements set forth the consensus that the BRIC countries have reached on global financial crisis, energy security, food security and climate change, and therefore boosted the influence of the emerging economies and developing nations in international affairs.