{"id":51735,"date":"2024-10-23T16:21:58","date_gmt":"2024-10-23T16:21:58","guid":{"rendered":"https:\/\/new.igihe.com\/china-a-driving-force-for-stronger-brics-cooperation-mechanism-says-egyptian\/"},"modified":"2024-10-23T16:22:43","modified_gmt":"2024-10-23T16:22:43","slug":"china-a-driving-force-for-stronger-brics-cooperation-mechanism-says-egyptian","status":"publish","type":"post","link":"https:\/\/new.igihe.com\/english\/china-a-driving-force-for-stronger-brics-cooperation-mechanism-says-egyptian\/","title":{"rendered":"China a driving force for stronger BRICS cooperation mechanism, says Egyptian official"},"content":{"rendered":"<p>In a recent interview with Xinhua, Saad said that China&#8217;s proposal in 2017 to create a BRICS Plus platform, which was aimed at enhancing cooperation with other emerging markets and developing countries, has opened &#8220;new space for new countries to join the bloc.&#8221;<\/p>\n<p>The benefits of China&#8217;s proposal became evident when new countries joined BRICS, while more than 30 other countries have either formally applied for or expressed interest in its membership, he added.<\/p>\n<p>The Egyptian official attributed the mechanism&#8217;s success in attracting more countries to the reliability of the leading BRICS members, especially China.<\/p>\n<p>He noted that the values upheld by BRICS resonate with countries in the Global South, emphasizing China&#8217;s leadership in areas such as economy, finance, good governance, and multilateralism characterized by equity and justice.<\/p>\n<p>&#8220;China is believed to be the true and trusted voice of developing countries and emerging markets,&#8221; he said.<\/p>\n<p>Among other achievements, BRICS has established two important cooperation mechanisms: the New Development Bank (NDB) and the Contingent Reserve Arrangement (CRA). The latter provides support for countries facing financial emergencies.<\/p>\n<p>&#8220;All these arrangements, meetings, and summits provide an institutional framework for member states to promote coordination and interaction,&#8221; Saad said.<\/p>\n<p>Saad cited Egypt as an example of the countries that benefited from their interaction with BRICS before officially joining it. He stressed Egypt&#8217;s participation in BRICS summits since 2017, its membership in the NDB, and its enhanced cooperation with China, Russia, and India in several sectors.<\/p>\n<p>He said the BRICS spirit reflects the principles that China and other founding countries have long championed, adding that the group was established in a world marked by unfairness and contradictions.   <\/p>\n<p>Saad perceived the growing number of requests for joining BRICS as a sign of resentment over the Western hegemony, hypocrisy, double standards, and disregard for multilateralism and UN principles.<\/p>\n<p>&#8220;Each society has its heritage, culture, and traditions that should be respected. So, it is not logical anymore when the West believes it can monopolize global economic or financial order,&#8221; he said.<\/p>\n<p>Looking ahead to the upcoming BRICS summit in Russia on Oct. 22-24, Saad expressed optimism that it would carry out new initiatives or plans to promote world justice. <\/p>\n<figure class=\"spip-document spip-document-76220\"><img decoding=\"async\" src=\"https:\/\/en-images.igihe.com\/jpg\/2024102242c46bca1e824be783a86b9f241c7876_x.jpg\" alt=\"Aerial photo taken on June 17, 2022 shows the headquarter building of the New Development Bank (NDB) in east China&#039;s Shanghai. (Xinhua\/Fang Zhe)\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>China has been a driving force that promotes the BRICS cooperation mechanism, Ezzat Saad, director of the Egyptian Council for Foreign Affairs, has said.<\/p>\n","protected":false},"author":62,"featured_media":2000076219,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[101],"byline":[235],"hashtag":[],"class_list":["post-51735","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-internationl","byline-xinhua"],"bylines":[{"id":235,"name":"Xinhua","slug":"xinhua","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":80}],"contributors":[{"id":235,"name":"Xinhua","slug":"xinhua","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":80}],"featured_image":{"id":2000076219,"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/2024102242c46bca1e824be783a86b9f241c7876_x.jpg","alt":"","caption":"","mime_type":"image\/jpeg","width":0,"height":0,"sizes":{"thumbnail":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/2024102242c46bca1e824be783a86b9f241c7876_x.jpg","width":1,"height":1},"medium":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/2024102242c46bca1e824be783a86b9f241c7876_x.jpg","width":1,"height":1},"medium_large":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/2024102242c46bca1e824be783a86b9f241c7876_x.jpg","width":1,"height":1},"large":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/2024102242c46bca1e824be783a86b9f241c7876_x.jpg","width":1,"height":1},"full":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/2024102242c46bca1e824be783a86b9f241c7876_x.jpg","width":0,"height":0}}},"_links":{"self":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/51735","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/users\/62"}],"replies":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/comments?post=51735"}],"version-history":[{"count":0,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/51735\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media\/2000076219"}],"wp:attachment":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media?parent=51735"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/categories?post=51735"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/tags?post=51735"},{"taxonomy":"byline","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/byline?post=51735"},{"taxonomy":"hashtag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/hashtag?post=51735"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}