BRICS mechanism benefits whole world – Argentine experts

BRICS mechanism benefits whole world – Argentine experts

BRICS mechanism benefits whole world – Argentine experts

Written by Reuters

28 Jul, 2018 | 4:16 pm

Reuters – The BRICS mechanism benefits the whole world, said an Argentine expert on Thursday in Buenos Aires, the capital city of Argentina.

Bruno Binetti, a professor with Torcuato Di Tella University, said in an exclusive interview with China Central Television (CCTV) that the BRICS mechanism will play a positive role in the world development. He believes that the BRICS countries have achieved fruitful results in the first “Golden Decade”.

“The BRICS mechanism has provided a new choice to the world development. The world can continue to obey the rules of free trade under the background of multi-polar development, which will be the distinctive point of the development of the BRICS countries in the future ten years,” he said.

Argentine President Mauricio Macri attended the BRICS Summit held in South Africa. Argentina is the rotating presidency of G20. Binetti believes that more countries and organizations are coping with challenges thanks to the concept of “BRICS Plus” Cooperation put forward at the 9th BRICS Summit.

“I think Macri’s attendance in the BRICS Summit is to get the support from the BRICS countries on some major issues of G20. The G20 Summit will discuss the issues on the economic development, infrastructure building and future development of the developing countries,” he said. The 10th summit of the BRICS countries — Brazil, Russia, India, China and South Africa — was held from July 25 to July 27 in Johannesburg, South Africa.

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