BRICS yields tangible results

The two-day BRICS summit meeting due to open in Ufa, Russia, on Wednesday is expected to offer member states an important platform for exchanges aimed at pursuing development, promoting cooperation and mapping out win-win results amid increasingly complicated international and regional economic situations.

BRICS countries have proved to be a lasting engine of the world economy, as indicated by their contribution to global economic stability in the context of the global economic slowdown following the global financial crisis. The domestic political stability that BRICS countries enjoy, their huge markets, advantages in natural resources, accelerating industrialization and urbanization, as well as multi-layered interconnectivity and exchanges, are expected to create a brighter economic future for BRICS countries and thus become a lasting driving force for global economy.

BRICS countries have also actively participated in global governance and pushed for advancement of the international political and economic order in a more just and reasonable direction. Their active advocacy for democratization of international relations and mutual tolerance and references among different social systems, cultures and development models and their active involvement in the settlement of some significant international issues have acted as a positive energy in international relations.