BRICS seek reforms in multilateral fora
Gathered virtually under the presidency of India, the BRICS countries also drew up a list of changes that would make these institutions examples of effective and representative multilateralism. In view of the covid-19 pandemic, the need for effective multilateralism was no longer an “abstract ideal” but “an essential tool for ensuring successful governance of issues of daily life,” a joint statement said. autonomous on the subject. This is seen as other countries in the BRICS group moving closer to India’s position on the need for reformed multilateralism.
Among the participants in the meeting hosted by Indian Foreign Minister S Jaishankar were Chinese Foreign Minister Wang Yi, Foreign Minister of the Federative Republic of Brazil, Ambassador Carlos Alberto Franco França, Minister of Foreign Affairs Foreign Affairs of the Russian Federation, Sergey Lavrov and the Minister of International Relations and Cooperation of the Republic of South Africa, Grace Naledi Mandisa Pandor.
India is the current president of the BRICS and the meeting of foreign ministers is expected to pave the way for a summit of BRICS leaders in September.
The joint statement also said that the BRICS ministers “stressed the need to promote initiatives aimed at ensuring rapid, affordable and equitable access, as well as the distribution of diagnostics, therapeutics, drugs and vaccines, as well as essential health products and technologies ”. to fight the covid-19 pandemic. This comes in the context of the joint India-South Africa proposal to present to the WTO a patent waiver proposal controlling the production of covid-19 vaccines and drugs. The South African company Pandor referred to the joint proposal to the World Trade Organization (WTO) for the lifting of patent protection for covid-19 vaccines in its opening remarks.
“Ministers reaffirmed the need to use all relevant measures during the pandemic, including support for the ongoing WTO review of an intellectual property rights waiver for a covid-19 vaccine and the using TRIPS flexibilities, “to make covid-19 vaccines available to everyone,” the statement said.
They also reiterated the need to share vaccine doses, technology transfer, development of local production capacities and supply chains for medical products, promotion of price transparency and called for retained in the implementation of measures likely to hinder the flow of vaccines, health products and essential inputs, ”said the press release.
On institutional reform, the joint statement said that “instruments of global governance” should be made more “inclusive, representative and participatory to facilitate greater and more meaningful participation of developing and least developed countries. , in particular Africa, to decision-making at the global level ”. Institutions should be based on “inclusive consultation and collaboration for the benefit of all, while respecting sovereign independence, equality, mutual legitimate interests and concerns to make multilateral organizations more responsive, efficient, transparent and credible. “.
“Multilateral organizations should be” more responsive, efficient, transparent, democratic, objective, pragmatic, solution-oriented and credible, in order to promote cooperation, “the statement said, adding that there should be innovative solutions and inclusive “to promote sustainable development. and facilitate affordable and equitable access to global public goods for all. “
Regarding the strengthening of the international financial architecture, the foreign ministers of the BRICS agreed on “the widening and strengthening of the participation of emerging markets and developing countries (EMDCs) in international economic decision-making processes and standard setting, especially in the aftermath of covid-19. pandemic.”
“The ministers reaffirmed their commitment to a strong global financial safety net with a quota-based and adequately resourced IMF at its center and expressed deep disappointment at the failure of quota reforms and governance, “the statement read.
To improve global economic governance, seen as the key to rapid economic recovery in the post-covid-19 world, BRICS ministers “reaffirmed their support for a transparent, rules-based, open, inclusive multilateral trading system and non-discriminatory, with the World Trade Organization within it, ”said the joint statement.
It was important to recognize that “the majority of WTO members are developing countries,” the statement said, adding that “it is essential that all WTO members avoid unilateral and protectionist measures that go against them. against the spirit and the rules of the WTO “. The ministers “also underlined the paramount importance of ensuring the restoration and preservation of the normal functioning of a two-stage dispute settlement system of the WTO, including the prompt appointment of all members of the Body. appeal, ”he said.
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