NEW DELHI, May 15. /TASS/. Participants in the BRICS Foreign Ministers’ Meeting in the Indian capital have discussed the impact of unjustified unilateral protectionist measures that contravene WTO rules, according to the final statement issued by India that currently chairs BRICS, published by the Indian Ministry of Foreign Affairs.

"The ministers acknowledged that BRICS members represent a broad diversity of societies and civilizations which are affected differently by unjustified unilateral protectionist measures inconsistent with WTO rules," the document reads.

"BRICS should focus on promoting a just and fair, stable and predictable environment for mutually beneficial sustainable development," according to the statement.

Emphasizing the importance of creating more resilient, reliable and stable supply chains, the parties agreed that "BRICS should work towards broader and more equitable participation of developing economies in higher-value added segments of global manufacturing and production, including through trade and investment initiatives, industrial cooperation, development of complementary production capacities and technology transfer on mutually agreed terms based on national priorities."

"These initiatives will contribute to economic resilience and help mitigate the impacts of multiple economic disruptions," the statement said.