The foreign Ministry of China told about the response of the BRICS on trade protectionism

© RIA Novostey of the countries-participants of the BRICS. Archival photoThe foreign Ministry of China told about the response of the BRICS on trade protectionism© RIA Novosti

BRICS countries to strengthen coordination in macro policies to respond to the policy of unilateral action and trade protectionism, said assistant foreign Minister of China Zhang Jun.

«Countries will strengthen coordination in macro policies to respond to the challenges that are currently on unilateralism and protectionism, as well as to respond to risks that were the result of policy changes in some developed countries of the West,» said Zhang Jun was at the briefing dedicated to the participation of Chinese President XI Jinping at the upcoming BRICS summit in South Africa.

The BRICS summit will be held in Johannesburg from 25 to 27 July.

He stressed that the BRICS countries will maintain the mechanism of international trade with WTO principles as its foundations, will work to create a world of an open economy and to create favorable conditions for development and cooperation within BRICS.

«We can say that in the new conditions of the international situation, the strengthening of trade and economic cooperation promotes the development of each of the BRICS countries. However, it also meets the expectations of the international community from the BRICS contribution to the development of the world economy», — said the Chinese diplomat, answering the question of whether the BRICS countries to step up cooperation in response to trade friction with the United States.

He added that the BRICS countries intend to strengthen cooperation in areas such as digital economy and infrastructure construction.

The foreign Ministry of China told about the response of the BRICS on trade protectionism© Vitaly Podictionary fight

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