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)
April 25 is a meaningful day that marks the 5 th anniversary of the first historic meeting between Comrade Kim Jong Un ,
April 25, 2024
April 25 is a meaningful day that marks the 5 th anniversary of the first historic meeting between Comrade Kim Jong Un ,
Kim Un Chol, vice-minister for U.S. affairs of the Foreign Ministry of the Democratic People’s Republic of Korea (DPRK), issued
April 25, 2024
Kim Un Chol, vice-minister for U.S. affairs of the Foreign Ministry of the Democratic People’s Republic of Korea (DPRK), issued
At such a historic time when a new era of overall national prosperity has opened up, our people are significantly celebrating the
April 25, 2024
At such a historic time when a new era of overall national prosperity has opened up, our people are significantly celebrating the
Im Chon Il, Vice Foreign Minister of the DPRK in charge of Russian affairs, released the following press statement on April 24.
April 24, 2024
Im Chon Il, Vice Foreign Minister of the DPRK in charge of Russian affairs, released the following press statement on April 24.
Antonov, Russian Ambassador to the U.S., answered to the question raised by the journalists in regard to the assertion made by the
April 24, 2024
Antonov, Russian Ambassador to the U.S., answered to the question raised by the journalists in regard to the assertion made by the
The chief of the Foreign News Section of the Department of Press and Information of the DPRK Foreign Ministry issued the following
April 24, 2024
The chief of the Foreign News Section of the Department of Press and Information of the DPRK Foreign Ministry issued the following
Respected Comrade Kim Jong Un , President of the State Affairs of the Democratic People’s Republic of Korea, sent a
April 24, 2024
Respected Comrade Kim Jong Un , President of the State Affairs of the Democratic People’s Republic of Korea, sent a
April 25 is a significant day in the DPRK greeting the 92 nd anniversary of the founding of the Korean People’s Revolutionary
April 24, 2024
April 25 is a significant day in the DPRK greeting the 92 nd anniversary of the founding of the Korean People’s Revolutionary
Respected Comrade Kim Jong Un , President of the State Affairs of the Democratic People’s Republic of Korea (DPRK), received on
April 22, 2024
Respected Comrade Kim Jong Un , President of the State Affairs of the Democratic People’s Republic of Korea (DPRK), received on
Respected Comrade Kim Jong Un , President of the State Affairs of the Democratic People’s Republic of Korea (DPRK), received on
April 22, 2024
Respected Comrade Kim Jong Un , President of the State Affairs of the Democratic People’s Republic of Korea (DPRK), received on
Recently, the spokesperson for the Chinese Foreign Ministry stated that China expressed strong opposition, on several occasions, t
April 22, 2024
Recently, the spokesperson for the Chinese Foreign Ministry stated that China expressed strong opposition, on several occasions, t
On April 14, Iran attacked the Israeli-occupied Palestinian territories in retaliation for Israel’s missile strike on the
April 21, 2024
On April 14, Iran attacked the Israeli-occupied Palestinian territories in retaliation for Israel’s missile strike on the
Kim Son Gyong, Vice-Minister for International Organizations of the Ministry of Foreign Affairs of the Democratic People’s
April 19, 2024
Kim Son Gyong, Vice-Minister for International Organizations of the Ministry of Foreign Affairs of the Democratic People’s
Talks were held between Comrade Im Chon Il, Vice-Minister of Foreign Affairs of the Democratic People’s Republic of Korea, and
April 19, 2024
Talks were held between Comrade Im Chon Il, Vice-Minister of Foreign Affairs of the Democratic People’s Republic of Korea, and
Respected Comrade Kim Jong Un , General Secretary of the Workers’ Party of Korea, President of the State Affairs of the
April 19, 2024
Respected Comrade Kim Jong Un , General Secretary of the Workers’ Party of Korea, President of the State Affairs of the
Choe Son Hui, Minister of Foreign Affairs of the Democratic People’s Republic of Korea, sent a message of greetings to her
April 19, 2024
Choe Son Hui, Minister of Foreign Affairs of the Democratic People’s Republic of Korea, sent a message of greetings to her
Choe Son Hui, Minister of Foreign Affairs of the Democratic People’s Republic of Korea, sent a message of greetings to Fayssal
April 19, 2024
Choe Son Hui, Minister of Foreign Affairs of the Democratic People’s Republic of Korea, sent a message of greetings to Fayssal
Kim Tok Hun, Premier of the Cabinet of the Democratic People’s Republic of Korea, sent a message of greetings to Housain Arnous,
April 19, 2024
Kim Tok Hun, Premier of the Cabinet of the Democratic People’s Republic of Korea, sent a message of greetings to Housain Arnous,
Choe Son Hui, Minister of Foreign Affairs of the Democratic People’s Republic of Korea (DPRK), received a message of greetings
April 19, 2024
Choe Son Hui, Minister of Foreign Affairs of the Democratic People’s Republic of Korea (DPRK), received a message of greetings
Personages of various circles of different countries paid congratulatory visits to the DPRK missions in their countries from April
April 18, 2024
Personages of various circles of different countries paid congratulatory visits to the DPRK missions in their countries from April
More Articles
