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Monday, September 11, 2017
Xiamen Declaration of BRICS Leaders promises increase of trade and investment cooperation
ANBOUND

The Xiamen Declaration of BRICS Leaders has promised to utilize all policy tools including fiscal and monetary policies, as well as means of structural reform to increase the economic endurances and potentials. It also emphasizes the fact that the increase of cooperation in trade and investment will facilitate the BRICS economic potentials. The declaration also agrees to improve trade and investment cooperation system and areas, re-enforcing the BRICS economies complementability and diversity. Leaders of BRICS have also agreed to facilitate the development of their bond markets using their legal tenders, aiming to mutually establishing a BRICS foundation.

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