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The 8th Meeting of the BRICS Trade Ministers Held in Johannesburg

The 8th Meeting of the BRICS Trade Ministers was held in Johannesburg, South Africa on July 5, 2018. The meeting was chaired by South African Minister of Trade and Industry Rob Davies and attended by trade ministers and delegates of BRICS member countries. Assistant Minister of Commerce Li Chenggang led the Chinese delegation to attend the meeting.

The meeting carried out in-depth talks on topics concerning supporting the multilateral trading system and deepening practical trade and economic cooperation, passed aJoint Communique for the Trade Ministers’ Meeting and a Statement on Supporting the Multilateral Trading System and Fighting against Unilateralism and Protectionism, and made a series of achievements on trade and investment facilitation, trade in services, IPR, E-commerce, trade promotion, SMEs and standardization. It prepared for the BRICS’ Summit to be held in Johannesburg on July 25-27.

Li Chenggang said in his speech that the present international trade and economic situation is complex and complicated, the BRICS should continue to be the supporters, drivers and leaders of the multilateralism and economic globalization, jointly express voice and propose plans to support the multilateral trading system and resolutely fight against protectionism and unilateralism. The BRICS Xiamen Summit 2017 reached several trade and economic achievements, witnessed the signing of BRICS Action Agenda on Economic and Trade Cooperation and clarified the action plan for BRICS trade and economic cooperation. The BRICS cooperation is at a key stage of development at present, all members should seize the opportunities of “Internet+” and “Industry 4.0” to explore new cooperation areas and modes, facilitate to make new achievements and contribute to the integrated BRICS market with intertwined interests. China will continue to relax market access by large margin, strengthen IPR protection, actively expand imports and create easy and orderly investment environment for entrepreneurs across the world including the BRICS countries.

During the meeting, Li Chenggang also met with the trade ministers of the South Africa and Brazil and invited other BRICS members to attend the 1st China International Imports Expo.

(All information published on this website is authentic in Chinese. English is provided for reference only.)