BRICS Business Council resolves to help grow economy

Source: Xinhua| 2019-04-05 12:09:42|Editor: ZX
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JOHANNESBURG, April 4 (Xinhua) -- BRICS Business Council members on Thursday vowed to do more to promote economic growth in their countries during their mid-term meeting here.

"We are part of the machinery to facilitate business and trade and promote investment in our countries," said BRICS Business Council South Africa Chapter Chairperson Busi Mabuza.

"We want to continue to bring confidence into our economies, ... have a bigger role to advise governments and make positive contributions to the economic growth," said Mabuza.

Mabuza also said there is a need to remove trade barriers like visa requirements to ensure BRICS could seize opportunities.

"A lot have been done but a lot still need to be done," she added.

"BRICS Business Council is doing important work in practical business cooperation for our countries," said South African Minister of Trade and Industry Rob Davies in a video to the meeting.

Lu Yimin, BRICS Business Council China Chapter representative, said that BRICS countries should guard against the increasing momentum of isolationist practices, inward looking, protectionism and anti-globalization sentiments.

"We will continue to fight for practical cooperation to promote inclusive economic globalization," he said.

Established in 2013, the BRICS Business council aims to promote business, trade and investment ties among the five BRICS countries.