On the 8th, the head of the International Department of the Ministry of Commerce introduced that at the 13th BRICS Economic and Trade Ministers' Meeting held in video format on the 7th, the economic and trade ministers of the five countries had in-depth discussions on a series of major economic and trade issues, reached many consensus, and achieved important results in five aspects. One is to strengthen cooperation in emerging fields such as the digital economy and green development. The approval of the 'Responsibilities of the BRICS Digital Economy Working Group' and the 'BRICS Digital Economy Working Group Work Plan' has identified specific paths for cooperation in areas such as electronic bill of lading application and energy transformation investment among all parties in the next step. The second is to strengthen practical cooperation in key areas such as supply chain security and stability, and support for the development of small and medium-sized enterprises. Reaching the BRICS Supply Chain Cooperation Framework on Strengthening Resilience and Sustainable Development, emphasizing the need to strengthen cooperation and maintain an open, resilient, efficient, and stable global supply chain. Reaching the BRICS Cooperation Framework for Small and Medium sized Enterprises, countries will share information on exhibition activities, trade policies, market opportunities, and other aspects, strengthen enterprise docking, and help small and medium sized enterprises better integrate into the global value chain. The third is to voice a common voice on strengthening the multilateral trading system and reforming the World Trade Organization. The statement of the BRICS countries on strengthening the multilateral trading system and WTO reform, reaffirming their support and strengthening of the multilateral trading system with the WTO as its core, committing to working together and participating in WTO reform with a constructive attitude, and promoting the success of the 13th Ministerial Conference of the WTO (MC13), Expressing concern about unilateral measures that violate tariff constraints and the principle of most favored nation treatment, as well as protectionist measures that affect cross-border trade under the guise of environmental sustainability. Fourth, coordinate positions on major international economic and trade issues. Explicitly condemning some developed countries for adopting unilateral and discriminatory measures such as carbon border regulation mechanisms and tax incentives, which have led to the fragmentation of global supply chains, and reiterating their commitment to take joint action to address these challenges and ensure that the global industrial chain benefits people of all countries. Emphasize that policy implementation and rulemaking related to climate change should adhere to the principle of "common but differentiated responsibilities" and be consistent with WTO rules. The fifth is to reach many consensus on expanding "BRICS+" cooperation. All parties agree to invite non BRICS countries to participate in discussions on digital economy issues, explore cooperation with other developing and least developed countries, and form a joint force for the development of the digital economy. Agree to strengthen the multilateral trading system with like-minded non BRICS members, promote the formation of a favorable trade environment for development, and uphold the principle of "special and differential treatment". (New News Agency)
Edit：He Chuanning Responsible editor：Su Suiyue
Source：Xinhua
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