Hu proposes to promote diversification of international monetary system

Source: Internet
Author: User
Keywords Hu Jintao International finance leader
Tags clear developing countries development economic economic development economic growth economy finance
The BRIC summit will be held regularly in the future, next time in Brazil "It is clear that the need for such a meeting is not through the Ministries of Foreign affairs, but rather four people (leaders of the four countries) to discuss the pressing problems in the current world economy." "——— Russian President Dmitry Medvedev, despite the inconsistent aims and interests of the participants, have a common goal on one issue, namely, to gain a greater say in the field of international affairs. ——— The Canadian media four countries through the summit to the outside world to show the most, may still cooperate to counter the U.S. economic dominance. ——— French media "This shows that the BRICS will be an economic conglomerate first, or even as an early warning system to circumvent the four-nation dispute or search engine for cooperation. "——— Russian political observer Kosilev four countries trying to find a common voice, but they are still in the" infancy "of becoming a true power group, and there is no need to worry much about the US anytime soon. ——— "Australian people daily" N comprehensive Xinhua news agency the leaders of China, Russia, Brazil and India 16th held their first BRIC summit in Jekaterinburg, Russia, to discuss a series of major issues such as reforming the international financial system and to further strengthen the prospects for "BRICS" cooperation. The future cooperation blueprint of the BRIC countries is clearly presented to the world. Chinese President Hu Jintao delivered an important speech at the meeting. Next year's summit will be held in Brazil.  Russia said the same day, the "BRICS" summit will be held regularly in the future. Historic meeting to deal with the crisis 18:30 local time, the meeting began. Russian President Dmitry Medvedev presides over the meeting.  The leaders will exchange views on major issues such as the impact of the international financial crisis, the 20 summit process, international financial reform, food security, energy security, climate change, and the future development of the BRICS dialogue.  local time 19:50 Xu, in the elegant and rich Chevasse quarter, "Brics" leaders of China's President Hu Jintao and Russian President Dmitry Medvedev, Brazilian president Luiz Inácio Lula da Silva, Indian Prime Minister Manmohan Singh came to many media reporters, four leaders of the hand clasped together.  The historic meeting was seen as another major move by the four countries to jointly address the international financial crisis.  At this meeting, Hu Jintao made important suggestions for the next four countries ' cooperation: to strengthen political mutual trust, deepen economic cooperation, promote people-to-people exchanges and promote experience and mutual understanding, which was positively responded to by the leaders of the conference.  Russian economist Aleksachenko that the "BRICS" have advantages, Russia is a resource-rich country, China has a wealth of labor resources, Brazil is the main agricultural producers, India has a large number of High-tech talent, through the integration of internal resources, energy, High-tech and other fields to develop new economic growth points. To take the lead from the financial crisis to revive the "BRICS" cooperation prospects, opportunities and challenges coexist. In the gradual establishment of a sound cooperative machineSystem, and effectively expand the process of mutual cooperation, there is still too much work to do, the need for sustained and firm confidence and efforts.  Turning to the future of the BRIC countries, Hu Jintao said: ——— is committed to promoting a speedy recovery of the world economy.  The four countries strive to overcome difficulties and strive to take the lead in recovering from the international financial crisis while solving the long-standing structural problems of their own economic development and striving to improve the quality and level of economic development while promoting the recovery of world economic growth.  ——— is committed to promoting the reform of the international financial system.  We will jointly promote the development of the International Monetary Fund and the World Bank reform programme to effectively improve the representation and voice of developing countries, promote the improvement of international financial regulatory mechanisms, promote the improvement of the international monetary system, improve the regulatory mechanism of reserve currency issuance, and steadily promote the diversification of the international monetary system and maintain the relative stability  ——— committed to the implementation of the United Nations Millennium Development Goals.  continued to call on the international community not to ignore development issues and reduce development inputs because of the response to the international financial crisis, paying particular attention to the impact of the international financial crisis on developing countries, particularly the least developed countries.  ——— is committed to ensuring food security, energy resource security, and public health security.  While fully responding to the impact of the international financial crisis, we should focus on the long-term, balanced and properly deal with other outstanding issues affecting development.  Hu Jintao's proposal was widely recognized by the leaders of the participating countries and outlined a blueprint for the future development of this new mechanism.  "Bric" has a huge economic strength Russian President Dmitry Medvedev said the BRIC countries have huge economic strength.  The four countries should strengthen coordination, make proposals on major international financial issues, implement the consensus reached by the group of 20 Washington and London financial summits, and improve the international financial system.  Brazil's president, Luiz Inácio Lula da Silva, said the success of the conference was significant. China, Russia, India, Brazil are all important countries, the four countries sit together is a historic moment. The international financial crisis has made the international community aware of the importance of emerging countries, and increased cooperation by emerging countries will greatly affect international relations.  Indian Prime Minister Manmohan Singh says the group of 20 London financial summit has reached a series of consensus to set the direction for the reform of the international financial system.  The meeting issued a joint statement of the BRICS leaders ' Russian Jekaterinburg meeting and a statement on food issues. -related news Sino-Russian signed several cooperation documents President Hu Jintao held talks with Russian President Dmitry Medvedev in Moscow 17th.  Hu Jintao said that to ensure better and faster relations between the two countries, China and Russia should always grasp the three principles: mutual trust, talk about the big picture and talk about the long term.  After the talks, the two heads of state attended the signing ceremony of a series of cooperation documents. These documents include memoranda of understanding on cooperation in the field of natural gas, memoranda of understanding on cooperation in the field of coal, memoranda of understanding on the promotion of trade and cooperation between the bilateral machinery and electronic products. China's export-Import Bank has also signed a 700 million-dollar framework agreement with the Russian foreign economic bank. China GoldThe group signed a memorandum of cooperation with the Russian Group for the development of precious metals.  The Sino-Russian joint Statement of Moscow meeting was published 17th in Moscow.  The statement said that the two heads of State expressed serious concern about the situation on the Korean peninsula, that the UN Security Council resolution 1874th aimed at strengthening political diplomatic channels to resolve the nuclear issue on the Korean peninsula, and agreed to restart the Korean Peninsula nuclear issue six-party talks, hope that the parties to meet the September 19, 2005 Joint declaration of their respective  Hu also met with Russian Prime Minister Vladimir Putin. (Xinhua News Agency New)
Related Article

Contact Us

The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion; products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the content of the page makes you feel confusing, please write us an email, we will handle the problem within 5 days after receiving your email.

If you find any instances of plagiarism from the community, please send an email to: info-contact@alibabacloud.com and provide relevant evidence. A staff member will contact you within 5 working days.

A Free Trial That Lets You Build Big!

Start building with 50+ products and up to 12 months usage for Elastic Compute Service

  • Sales Support

    1 on 1 presale consultation

  • After-Sales Support

    24/7 Technical Support 6 Free Tickets per Quarter Faster Response

  • Alibaba Cloud offers highly flexible support services tailored to meet your exact needs.