The future of BRICS cooperation is set to be multidimensional and increasingly practical, with deeper economic collaboration, particularly in the green industry, said an expert.
The three-day BRICS summit wrapped up on Thursday after gathering global leaders and officials in Kazan, the capital of Russia's Republic of Tatarstan. Notably the event was the first to be held since the expansion of the BRICS group earlier this year.
In an interview with China Central Television (CCTV), Wei Liang, an associate research professor of China Institutes of Contemporary International Relations (CICIR), stated that the just-concluded BRICS summit will facilitate deeper cooperation across a broader range of fields.
"Looking ahead to the future of Greater BRICS cooperation, it is clear that collaboration will be multidimensional and increasingly practical. Cooperation will extend into more fields, and the prospects for BRICS collaboration have been thoroughly discussed at the summit. Additionally, economic cooperation among BRICS members will deepen. For instance, in the green industry, BRICS countries exhibit a high degree of compatibility and complementarity in resources, technology, markets, and manpower. Given this context, it is entirely feasible to establish a substantial market that leads the BRICS nations toward a green revolution and transformation, while simultaneously creating a green industrial chain to contribute to the global response to climate change," said Wei.
"In terms of innovation, numerous research centers, cooperation centers, and collaborative networks have been established in China, playing a pivotal role in driving innovation cooperation within BRICS. This leadership has served as an exemplary model, fostering the expansion of innovation collaboration into new areas. Building on this foundation, it is important to note that BRICS is dynamic; the opportunities we observe will undoubtedly be translated into cooperative actions between BRICS and partner countries, simultaneously enhancing collaboration among BRICS and Greater BRICS in deeper fields," he said.