Multipolarization of International Economic Relations Further Stepped up
Date: 07/08/2022 | Source: Ministry of Foreign Affairs (EN) | Read original version at source
Today, multipolarization of international economic relations is actively pushed forward in the international arena.
At the 14 th BRICS Summit hosted by China from June 23 to 24, the member states agreed to strengthen the expanded cooperation in overall fields including politics, security, the economy, finance, exchanges among people on the principles of improved relations and reciprocity. They also adopted and issued Beijing Declaration.
At present, BRICS member states have become strong forces as they account for 41% of the world population and 24% of the world’s GNP. Iran, Egypt, Argentina and other countries are also desirous of joining BRICS.
Concerning this, a German newspaper reported that the Western values and hegemonic stand have become the major factors in uniting the BRICS member states. It continued that the economic relations of BRICS will be continuously expanded in the future.
This shows that BRICS, a cooperational organization of emerging economic states, is playing a great role in realizing the multipolarization of international economic relations by challenging the U.S.-led unipolar economic system.
This is not all.
Meeting of Eurasian Inter-Governmental Council was recently held in Minsk participated by the government leaders of the Eurasian Economic Union (EAEU) members and the government leaders of Cuba and Uzbekistan, the observers of the EAEU.
At the conference, the basic rules for coordinating the export of individual product were set and the consensus of opinion was reached on establishing the infrastructure of “east-west” and “north-south” transportation within the Union and organizing the committees which deal with the cooperative production and localization in high-tech sectors and primary industrial sectors.
Meanwhile, practical measures were discussed at the 17 th Meeting of the Shanghai Cooperation Organization Forum to further develop cooperation in the fields of politics, security and the economy. The African Union is also taking measures to accelerate trade within the continent since the advent of the African free trade zone. These are the signs of active multipolar movement in the regions.
The reality attests to the fact that multipolarization of the international economic relations is the irresistible trend of the times and that any high-handedness, arbitrariness, threats and blackmailing of the U.S. and the West, aimed at maintaining their unipolar economic system, cannot deter the unity and cooperation of the developing countries.
More From Ministry of Foreign Affairs (EN)
Comrade Kim Jong Un , President of the State Affairs of the Democratic People’s Republic of Korea (DPRK), was presented with
January 29, 2026
Comrade Kim Jong Un , President of the State Affairs of the Democratic People’s Republic of Korea (DPRK), was presented with
Guided by the far-reaching blueprint for socialist rural construction provided by respected Comrade Kim Jong Un at the Eighth
January 29, 2026
Guided by the far-reaching blueprint for socialist rural construction provided by respected Comrade Kim Jong Un at the Eighth
Amidst the growing discord and confrontation between the United States and Europe over Greenland, the international community is
January 28, 2026
Amidst the growing discord and confrontation between the United States and Europe over Greenland, the international community is
The Indian embassy here hosted a reception at the Taedonggang Diplomatic Club on January 26 to mark the Day of the Republic.
January 27, 2026
The Indian embassy here hosted a reception at the Taedonggang Diplomatic Club on January 26 to mark the Day of the Republic.
Respected Comrade Kim Jong Un , President of the State Affairs of the Democratic People’s Republic of Korea, sent a
January 26, 2026
Respected Comrade Kim Jong Un , President of the State Affairs of the Democratic People’s Republic of Korea, sent a
Kim Jong Un , General Secretary of the Workers' Party of Korea, sent a congratulatory message to To Lam, General Secretary of the
January 26, 2026
Kim Jong Un , General Secretary of the Workers' Party of Korea, sent a congratulatory message to To Lam, General Secretary of the
Today is the International Day of Education. Proceeding from the renewed recognition of the important role of education in
January 24, 2026
Today is the International Day of Education. Proceeding from the renewed recognition of the important role of education in
At the 73 rd session of the UN General Assembly in 2018, January 24 was designated the International Day of Education, as a part
January 24, 2026
At the 73 rd session of the UN General Assembly in 2018, January 24 was designated the International Day of Education, as a part
Kim Jong Un , general secretary of the Workers’ Party of Korea and president of the State Affairs of the Democratic People’s
January 24, 2026
Kim Jong Un , general secretary of the Workers’ Party of Korea and president of the State Affairs of the Democratic People’s
The Central Committee of the Workers’ Party of Korea (WPK) sent a congratulatory message to the 14 th Congress of the Communist
January 20, 2026
The Central Committee of the Workers’ Party of Korea (WPK) sent a congratulatory message to the 14 th Congress of the Communist
The DPRK youth movement featuring brilliant inheritance, tradition and noble feats is now in the heyday of its development writing
January 19, 2026
The DPRK youth movement featuring brilliant inheritance, tradition and noble feats is now in the heyday of its development writing
Respected Comrade Kim Jong Un , General Secretary of the Workers’ Party of Korea and President of the State Affairs of the
January 18, 2026
Respected Comrade Kim Jong Un , General Secretary of the Workers’ Party of Korea and President of the State Affairs of the
Today, our young people are significantly marking the 80 th founding anniversary of the Socialist Patriotic Youth League. There
January 17, 2026
Today, our young people are significantly marking the 80 th founding anniversary of the Socialist Patriotic Youth League. There
The respected Comrade Kim Jong Un received New Year cards from heads of state and government, political party leaders and
January 17, 2026
The respected Comrade Kim Jong Un received New Year cards from heads of state and government, political party leaders and
Respected Comrade Kim Jong Un received congratulatory messages and letters from different countries on the occasion of the New
January 16, 2026
Respected Comrade Kim Jong Un received congratulatory messages and letters from different countries on the occasion of the New
Filled with the spirit of pioneering into the uncharted territory and strong will and burning enthusiasm to remain faithful to the
January 14, 2026
Filled with the spirit of pioneering into the uncharted territory and strong will and burning enthusiasm to remain faithful to the
Respected Comrade Kim Jong Un , President of the State Affairs of the Democratic People’s Republic of Korea, received a reply
January 13, 2026
Respected Comrade Kim Jong Un , President of the State Affairs of the Democratic People’s Republic of Korea, received a reply
Kim Song, Permanent Representative of the Democratic People’s Republic of Korea（DPRK） to the UN, issued the following press
January 13, 2026
Kim Song, Permanent Representative of the Democratic People’s Republic of Korea（DPRK） to the UN, issued the following press
The permanent mission of the Democratic People’s Republic of Korea (DPRK) to the United Nations issued the following press
January 12, 2026
The permanent mission of the Democratic People’s Republic of Korea (DPRK) to the United Nations issued the following press
The respected Comrade Kim Jong Un sent a flower basket to Thongloun Sisoulith upon his reelection as the general secretary of
January 10, 2026
The respected Comrade Kim Jong Un sent a flower basket to Thongloun Sisoulith upon his reelection as the general secretary of
More Articles
