BRICS New Delhi Declaration Calls for Sustainable Development Amid Protectionism
Quick Look
The 18th BRICS summit in New Delhi concluded with a declaration emphasizing the need for a stable, fair environment for sustainable development to counter unilateral protectionist measures that violate WTO rules.
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Why It Matters
The New Delhi Declaration was adopted during the 18th BRICS summit. It addresses the impact of unilateral protectionist measures on member states.
NEW DELHI, September 12. /TASS/. BRICS countries need to focus on promoting a just environment for sustainable development amid unilateral protectionist measures, according to the New Delhi Declaration adopted at the group’s 18th summit.
"We acknowledge that BRICS members represent a broad diversity of societies and civilizations that are affected differently by unjustified unilateral protectionist measures inconsistent with WTO rules, and that BRICS should focus on promoting a just and fair, stable and predictable environment for mutually beneficial sustainable development," the document reads.
The member states emphasized "the importance of creating more resilient, reliable and stable supply chains, with particular attention to the needs of developing countries for their modernization efforts."
Open Questions
- What specific mechanisms will be used to enforce supply chain resilience?
