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LONDON DAILY ARCHIVE

Key Statements at BRICS Summit: Chinese President Xi Jinping Calls for Financial Reform, Peace, and Common Security

During the BRICS Expanded Summit, Chinese President Xi Jinping delivered a strong message calling for urgent reform of the international financial system and a united effort to promote global peace and security.

24 October 2024 · 08:55 UTC

Reforming Global Financial Architecture

President Xi emphasized the need to adapt the current financial framework to better reflect the evolving global economic balance. "In the current reality, there is an urgent need to reform the international financial architecture," he stated, adding that BRICS nations should take the lead in shaping a system that acknowledges these significant shifts in economic power.

Addressing the Ukraine Conflict

Xi also touched on the ongoing Ukraine conflict, urging BRICS to take a stand against further escalations and provocations. He stressed that the crisis must not be allowed to worsen, calling for a peaceful resolution.

Building a Peaceful and Secure BRICS

President Xi concluded by calling on BRICS to act as a force for global peace and security. "We must build a peaceful BRICS and act as defenders of common security," he declared, reinforcing the bloc’s commitment to promoting stability in an increasingly complex geopolitical landscape.

The summit marked a crucial moment for BRICS leaders as they discussed key global issues and reinforced their commitment to reshaping the international financial system and fostering global peace.