BRICS foreign ministers emphasize role of G20 in international economic cooperation

World May 15, 15:56

The diplomats recognized "the importance of the continued and productive functioning of the G20, based on its economic mandate, consensus decision making, depoliticized processes, integrity and inadmissibility of arbitrary revision of its membership"

NEW DELHI, May 15. /TASS/. Participants in the BRICS Foreign Ministers’ Meeting in the Indian capital have called the G20 group "the premier global forum for international economic cooperation," according to the final statement issued by India that currently chairs BRICS, published by the Indian Ministry of External Affairs.

"The ministers underscored the key role of the G20 as the premier global forum for international economic cooperation that provides a platform for dialogue of both emerging and developed economies on an equal and mutually beneficial footing for jointly seeking shared solutions to global challenges, fostering multipolar world and ensuring open, non-discriminatory, fair, inclusive international economic system and value chains," the document reads.

They also recognized "the importance of the continued and productive functioning of the G20, based on its economic mandate, consensus decision making, depoliticized processes, integrity and inadmissibility of arbitrary revision of its membership," according to the statement.

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