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Xi Jinping kicks off Latin America tour

Source:Globaltimes.cn Published: 2024-05-29 17:45:22

              Latest News

More at official site: VI BRICS Summit 

           Schedule

July 15-16  Attend the sixth BRICS Summit + China-Latin America and the Caribbean Summit + Visit Brazil 
July 15 
Fortaleza, Brazil
Attend the sixth BRICS Summit+ China-Latin America and the Caribbean Summit+ state visit to Brazil
 

Will map out the blueprint for future cooperation among BRICS countries.

 

The leaders will also sign an agreement on currency reserves pool. 
 
July 16 
Brasilia, Brazil
July 17-23  Pay state visits to Brazil, Argentina, Venezuela and Cuba 
July 16-17  
Brazil
Pay state visit to Brazil + meet leaders of Latin American and Caribbean nations 

 
July 18-20    
Argentina
Meet with Argentine President Cristina Kirchner 

Will ink a series of cooperative documents in trade, investment, agriculture, finance and infrastructure. 
July 20-21   
Venezuela 
Meet with Venezuelan President Nicolas Maduro 

Will reach agreements on energy, finance, infrastructure, agriculture, high-tech.
July 21-23  
Cuba
Meet with Raul Castro, president of the Council of State and the Council of Ministers of Cuba

Will sign multiple documents on economy and trade, agriculture, biotechnology, culture, education and other fields.

Entourage

Wang Huning
Member of the Political Bureau of the Communist Party of China (CPC) Central Committee and director of the Policy Research Office of the CPC Central Committee

Li Zhanshu
Member of the Political Bureau of the CPC Central Committee, member of the Secretariat of the CPC Central Committee and director of the General Office of the CPC Central Committee

Yang Jiechi
State Councilor

          
The Sixth BRICS Summit

           The 6th BRICS Summit

Location
Brazil

Theme
Inclusive growth: sustainable solutions

Participants
 Chinese President Xi Jinping
 Brazilian President Dilma Rousseff
 Russian President Vladimir Putin
 South African President Jacob Zuma
 Indian Prime Minister Narendra Modi

           To Discuss


Global governance
Peace and security
Contingent Reserve Arrangement (CRA)
New Development Bank (NDB)

Related News:
BRICS set to launch development bank

Focus

A Fortaleza Declaration
An agreement on currency reserves pool

           Backgrounder: 
                BRICS Summit


BRICS is the acronym for five major emerging economies
- Brazil, Russia, India, China and South Africa

As emerging economies, the BRICS countries have common ground on many regional and international issues, despite their national differences.

More

Previous BRICS Summits

June 16, 2009, Yekaterinburg, Russia
Leaders from Brazil, Russia, India and China founded their cooperative mechanism known as BRIC.
Discussed: The reform of international financial institutions, food safety, energy security, climate change, future dialogues of BRIC, and prospects for cooperation.

April 15, 2010, Brasilia, Brazil
Discussed: The global economic and financial situation, reform of the world's financial institutions, climate change and cooperation among BRIC nations.

April 14, 2011, Sanya, China
South Africa participating as an official member for the first time.
Discussed: The international situation, economic, financial and development issues.

March 29, 2012, New Delhi, India
Discussed: Emerging new world order

March 26, 2013, Durban, South Africa
Discussed: Development bank, foreign reserves pool, infrastructure in Africa
Related coverage: 5th BRICS Summit 

           Commentary

BRICS evolution caters to emerging states
The NDB is supplementary to the international financial system, while it also brings in competition, which Western vested interest groups are quite uneasy about.

Bright prospects for BRICS cooperation
To improve trade and economic cooperation, the BRICS countries should further increasetwo-way investment. China's investment in its BRICS partners has expanded toinfrastructure, manufacturing and other fields. As an important force in boostingemployment, Chinese investment plays an active role in cooperation among BRICScountries and in economic growth throughout Latin America.

Is BRICS really in decline?
The international community generally believes that the BRICS countries are an important engine for global economic growth in a post-crisis world and are changing the map of wealth creation.

The BRICS countries still have a sound fundamental aspect of their economies, possess sufficient macroeconomic policy tools and enjoy great potential for future growth, observers say.

Wu Changsheng, director of the Latin American study center under the China Foundation for International Studies
The two visits cover most major countries in the region and will advance development of ties between China and the region in a more comprehensive and balanced manner.

China and the countries to be visited are all developing countries, and they also constitute important global emerging powers.

Li Jianmin, a research fellow of Russian studies at the Chinese Academy of Social Sciences (CASS)
Over the past few years, various international issues keep popping up, posing challenges to BRICS as well as each member state. It is very important to summarize the past experience and lessons, and plan the developing framework for the future.

With the development of cooperation among BRICS nations and the increase of its economic strength, BRICS should become a strategic cooperative mechanism of greater binding power.

Fan Yongming, director of the Center for BRICS Studies at Fudan University
From a medium and long-term perspective, BRICS countries have enjoyed advantages in terms of demography, resources and markets compared to their developed peers.

          
State Visits

The leaders from China and Latin America will announce the official establishment of the China-CELAC (Community of Latin American and Caribbean States) forum, which is expected to hold the first ministerial meeting in Beijing this year.

           Ties


Brazil

Brazil is the first developing country to have established strategic partnership with China and the first Latin American country to have established the comprehensive strategic partnership with China.

Argentina

Argentina is an important cooperative partner of China in Latin America. Since the two nations forged ties 42 years ago, the China-Argentina relations have undergone rapid development and the two countries have become good friends of mutual trust and good partners of equality and mutual benefit.

Venezuela

Venezuela is also an important cooperative partner of China in Latin America. Since China and Venezuela established diplomatic ties in 1974, especially a strategic partnership for common development in 2001, the two countries have witnessed comprehensive and rapid development in their relations.

Cuba

Cuba is the first Latin American country that has forged diplomatic ties with China.

           Commentary


Not a zero-sum game for China, US in Latin America
The growing economic and trade ties might boost China's influence in Latin America, but that influence does not necessarily come at the cost of US interests.

Shen Yun'ao, former Chinese Ambassador to Brazil and Argentina
Latin America has been an important factor in maintaining world peace and development. It shares a lot in common with China in terms of safeguarding national sovereignty, developing economic cooperation, and seeking a new global political and economic order.

Xu Yicong, former Chinese ambassador to Ecuador, Cuba and Argentina
The opportunities for developing the China-Latin America friendly cooperation are vast, yet with much room for improvement, which requires the joint efforts from both leaders…Xi's trip to Latin America will give a direct push to the mutually-beneficial and win-win cooperation between the two sides.

           Xi’s Previous Visit 
                 to Latin America



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Posted in: Daily Specials