China announces 500 million yuan for BRICS economic and technical cooperation plan
He expressed regret at the fact that out of the 197 billion US dollars in outbound investments the BRICS countries made in 2016, only 5.7 percent took place among the five countries. "This means BRICS cooperation still has broad space," said the Chinese president.
China. 6 September. Kazakhstan Today - The ninth BRICS summit continued in the south-eastern Chinese city of Xiamen, Fujian province, on September 4, with a plenary meeting of the five leaders of the bloc.
Chinese President Xi Jinping announced the imminent launch by his country of an Economic and Technical Cooperation Plan for BRICS Countries with 500 million yuan for the first term to facilitate policy exchange and practical cooperation in the economic and trade fields, and the disbursement of $4 million to the BRICS-owned New Development Bank's Project Preparation Facility to support the business operation and long-term development of the bank.
He expressed regret at the fact that out of the 197 billion US dollars in outbound investments the BRICS countries made in 2016, only 5.7 percent took place among the five countries. "This means BRICS cooperation still has broad space," said the Chinese president.
According to Xi, BRICS cooperation in the past decade was guided by win-win partnerships. The rapid development of BRICS cooperation is the right approach, and members have supported each other and worked in unison with developing markets and developing countries, he said.
"We need to seek practical results in our economic cooperation... We have yet to fully tap the potential of BRICS cooperation," the Chinese leader cautioned.
Xi spoke of the need to make the international order more just and equitable, for BRICS to speak with one voice to safeguard common interests, and for economic globalization open, inclusive, balanced and beneficial to all.
He pleaded for more people-to-people exchanges like the BRICS games, film and cultural festivals, and sharing traditional medicine practices.
Xi Jinping predicted a greater role for BRICS in international affairs after Xiamen, stressing the need to address the development gap between the North and South and boost global growth.
Kimeng Hilton Ndukong, a contributor to People's Daily Online, is Sub-Editor for World News with Cameroon Tribune bilingual daily newspaper in Cameroon. He is currently a 2017 China-Africa Press Centre, CAPC fellow.
By Kimeng Hilton Ndukong (People's Daily Online)
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Presented as a highlight of the "Turkic Week in Geneva" organized under the chairmanship of Kazakhstan in the centre of international diplomacy, the concert attracted an audience comprising heads of diplomatic missions and international organizations, representatives of NGOs, academia, the Geneva community, and the Kazakh diaspora.
Opening the concert, Permanent Representative of Kazakhstan Yerlan Alimbayev thanked Rakhat-Bi for his contributions to the world of music, highlighting the importance of cultural diplomacy and the role of music in fostering international cooperation and understanding.
Rakhat-Bi Abdyssagin’s performance was a fusion of classical masterpieces by J.S. Bach, W.A. Mozart, L. van Beethoven, F. Chopin, F. Liszt, and A. Scriabin, alongside his own original compositions. His introductions to each piece enriched the concert experience, providing a deeper understanding and appreciation of the music and creating a connection between the artist and the audience.
The concert by Rakhat-Bi Abdyssagin displayed the artistic brilliance of Kazakhstan, highlighting the country’s commitment to promoting cultural diplomacy, enhancing international cooperation, and sharing the universal language of music with audiences worldwide.
Rakhat-Bi Abdyssagin’s composed his first piece at the age of 9, and his portfolio includes over 150 compositions, including three operas. His diverse work reflects his passion, creativity, and dedication to the art of music. His most recent opera, "The Bruce" received critical acclaim and premiered in four cities of the United Kingdom earlier this year.
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Development of Inter-parliamentary Relations is an Important Item on the Kazakh-Romanian Agenda
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The potential for developing inter-parliamentary partnership was the main topic of the talks between Ambassador of Kazakhstan Yerlik Ali and the Chairman of the Foreign Policy Committee of the Senate of the Romanian Parliament, Titus Corlățean, press service of the Kazakh MFA reports.
During the discussions, the participants explored a range of potential areas for collaboration, both bilaterally and multilaterally. They expressed a mutual interest in deepening the existing ties between Astana and Bucharest.
The sides devoted particular attention to the discussion of political and socio-economic reforms, the implementation of which is being carried out on the initiative of President of the Republic of Kazakhstan Kassym-Jomart Tokayev. In particular, the Romanian side was informed about the reforms aimed at strengthening the protection of human rights and freedoms, statehood, as well as improving the well-being of the people.
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Ambassador of Kazakhstan to Greece Yerlan Baudarbek-Kozhatayev made a presentation on the priority areas of cooperation between Kazakhstan and the EU for the Ambassadors of European countries accredited in Greece, press service of the Kazakh MFA reports.
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The UK is among the top 10 foreign investors in Kazakhstan. Last year, Kazakhstan’s economy attracted 795 million in FDI from the UK and over 17 billion in total since 2005.
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