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US tries to redistribute international markets bypassing BRICS — Russian Duma speaker

June 08, 2015, 13:15 UTC+3 MOSCOW
New rules are being developed behind the scenes which could potentially influence the situation in global trade, redistribute markets and change current competitive balance, Sergey Naryshkin notes
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Russian State Duma's chairman Sergey Naryshkin and Russian Federation Council chairperson Valentina Matviyenko (L-R) attend the first BRICS Parliamentary Forum

Russian State Duma's chairman Sergey Naryshkin and Russian Federation Council chairperson Valentina Matviyenko (L-R) attend the first BRICS Parliamentary Forum

© Stanislav Krasilnikov/TASS

MOSCOW, June 8. /TASS/. US is trying to redistribute international markets bypassing BRICS, Russian State Duma Speaker Sergey Naryshkin said on Monday.

"US is holding talks on global agreements behind the scenes — Trans-Pacific and Trans-Atlantic trade partnerships — without participation of us and many other WTO [World Trade Organization] member-countries," Naryshkin told the BRICS parliamentary forum. "In fact, new rules are being developed which could potentially influence the situation in global trade, redistribute markets and change current competitive balance," he noted.

The lawmaker expressed confidence that the parliamentary dimension of BRICS will open new possibilities for honest international dialogue and help provide adequate response to modern threats. "The parliamentarians of our [BRICS] countries stand for strengthening existing cooperation mechanisms and, unlike our opponents, remember the lessons of history and want to preserve the institutes, including those set up after the Second World War," Naryshkin stressed.

Results of BRICS parliamentary forum in Moscow to be used during summit in Russian Ufa

The leader of Russia's parliamentary lower house said he hoped that results of a BRICS parliamentary forum opening in Moscow on Monday would be used in work at July’s summit of the group of emerging market nations.

"The summit, which will take place in [the Russian city of] Ufa in a month, is definitely the main event during Russia’s presidency of BRICS this year. And we certainly hope that results of today’s BRICS parliamentary forum will be used in work of our countries’ leaders," State Duma Speaker Sergey Naryshkin said at a meeting with Eduardo Cunha, the president of Brazil's Chamber of Deputies, the lower house of the nation's parliament.

Naryshkin stressed that the Russian side together with counterparts from Brazil, India, China and South Africa "will lay the foundations for a parliamentary dimension of the BRICS group".

"I would like to note that this initiative was put forward several years ago by lawmakers from Brazil's Chamber of Deputies of the National Congress," he said, adding that Russia appreciated Brazil’s role as an informal leader and a prime mover in development of Latin America.

Russia maintained good relations with Brazil, Naryshkin said, noting that cooperation between the two countries was characterised by a high level of trust and mutual understanding. He said Russia and Brazil had established a long-term strategic partnership "and now this cooperation finds itself on the upswing".

Brazil's Speaker Cunha said that the country’s delegation in Moscow attached great importance to BRICS work. "One of the aims of our visit is to further strengthen bilateral ties with Russia," he said, recalling also that due to persistence of Brazilian lawmakers, the country’s parliament managed to swiftly ratify an agreement to establish a BRICS-led new development bank.

Speaker of Russia’s State Duma has suggested setting up a permanent contact group of the BRICS parliamentary forum involving experts from the association’s member countries.

"I would suggest considering the creation of a permanent contact group of the BRICS parliamentary forum with the participation of authoritative experts from our countries," Naryshkin said.

He believes it can help develop the long-term strategy of the association.

BRICS is an association of five major emerging economies — Brazil, Russia, India, China and South Africa — founded in June 2006. The first official summit took place in June 2009 in Russia’s Yekaterinburg. Since then, meetings at the highest level are held annually in member-countries. The last summit took place in Brazil. On April 1, Russia accepted BRICS presidency. On June 8, BRICS first parliamentary summit opened in Moscow.

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