The BRICS countries, in the New Delhi Declaration, voiced serious concern over the rise of unilateral tariffs and non-tariff measures that distort trade and are inconsistent with World Trade Organization rules, while condemning unilateral coercive measures that are contrary to international law.
The declaration stressed the need for greater engagement in conflict prevention efforts, including by addressing the root causes of conflicts. The grouping also reiterated its commitment to the peaceful resolution of international disputes through dialogue, consultation and diplomacy.
The BRICS countries advocated a multilateral approach that respects diverse national viewpoints and positions on crucial global issues, emphasising the importance of dialogue and cooperation in addressing international challenges.
BRICS' DECLARATION ON TRADE
On trade, the grouping expressed serious concern about the growing use of unilateral tariff and non-tariff measures, particularly those that distort international trade and are inconsistent with WTO rules. The declaration also condemned the imposition of unilateral coercive measures that run contrary to international law.
The declaration's focus on conflict prevention came alongside an expression of concern over the growing risks of nuclear danger and conflict. The BRICS countries stressed the importance of efforts to prevent conflicts and address their underlying causes as part of broader efforts towards international peace and stability.
Reiterating their commitment to peaceful means of resolving international disputes, the BRICS countries called for dialogue, consultation and diplomacy. The grouping also backed a multilateral approach that takes into account the diverse national viewpoints and positions of countries on crucial global issues.
ON FINANCIAL CO-OPERATION
On financial cooperation, the BRICS countries encouraged the continuation of discussions aimed at facilitating practical solutions for cross-border payments among BRICS countries.
The New Delhi Declaration thus placed emphasis on dialogue, diplomacy, multilateralism and conflict prevention, while raising concerns over unilateral trade measures, coercive actions, nuclear risks and the challenges facing the international system.
