<p>While hosting the BRICS summit on Thursday (June 23), Chinese President Xi Jinping in his opening address called on the five-member grouping (China, Russia, India, Brazil and South Africa) to oppose&nbsp;"the abuse" of sanctions, in an apparent jibe at the United States.&nbsp;</p>

<p>Jinping said, "We need to encourage the international community to practice true multilateralism and uphold the international system with the UN at its core and the international order underpinned by international law".&nbsp;</p>

<p>He urged to "reject the Cold War mentality and bloc confrontation, oppose unilateral sanctions and abuse of sanctions, and reject the small circles built around hegemonism by forming one big family belonging to a community with a shared future for humanity."&nbsp;</p>

<p>The same thought was reiterated by Russian President Vladimir Putin, who scolded the West for fomenting the global crisis.&nbsp;</p>

<p>Russia has been slapped with multiple economic sanctions after Russia announced the decision to invade Ukraine this year on February 24.&nbsp;</p>

<p>The Chinese President said to reject "small circles", it appeared to be a veiled reference to the Quad, a grouping of the US, Japan and Australia and India. Quadrilateral Security Dialogue, or Quad, is aimed at countering China militarily and diplomatically in the "Indo-Pacific" region, particularly in the South China Sea.&nbsp;</p>

<p>Apart from the Quad, Beijing has been critical of AUKUS (US, UK, Australia) alliance, alleging that it is aimed at containing China's rise.&nbsp;</p>

<p><strong>ALSO READ |&nbsp;<a href="https://www.wionews.com/world/vladimir-putin-to-brics-nations-cooperate-in-face-of-wests-selfish-actions-491000">Vladimir Putin to BRICS nations: Cooperate in face of West's 'selfish actions'</a>&nbsp;</strong></p>

<p><strong>WATCH |&nbsp;14th BRICS Summit: Russia trying to forge closer ties with Asia</strong></p>

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<p><strong>ALSO READ |&nbsp;<a href="https://www.wionews.com/india-news/brics-summit-pm-modi-says-cooperation-between-countries-can-help-global-post-covid-recovery-491059">BRICS summit: PM Modi says cooperation between countries can help global post-Covid recovery</a>&nbsp;</strong></p>

<p>Jinping further said that the BRICS has shown resilience and vitality in the current global crisis. He said that over the past year, the world has faced multiple challenges, such as the continued spread of COVID-19, slow-paced world economic recovery and global security issues.&nbsp;</p>

<p>Along with Jinping and Putin, Indian Prime Minister Narendra Modi, Brazilian President Jair Bolsonaro and South African President Cyril Ramaphosa also took part in&nbsp;the 14th BRICS summit.&nbsp;</p>

<p>Xi said, "Facing the formidable and complex circumstances, BRICS countries have embraced the BRICS spirit of openness, inclusiveness and win-win cooperation, enhanced solidarity and coordination and jointly tackled the challenges."&nbsp;</p>

<p>"The BRICS mechanism has demonstrated resilience and vitality. BRICS cooperation has achieved sound progress and results," he said in his speech posted on the website by the Chinese Foreign Ministry.&nbsp;</p>

<p>BRICS nations account for more than 40 per cent of the global population and nearly a quarter of the world's gross domestic product and 16 per cent of the global trade.&nbsp;</p>

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While hosting the BRICS summit on Thursday (June 23), Chinese President Xi Jinping in his opening address called on the five-member grouping (China, Russia, India, Brazil and South Africa) to oppose "the abuse" of sanctions, in an apparent jibe at the United States.

While hosting the BRICS summit on Thursday (June 23), Chinese President Xi Jinping in his opening address called on the five-member grouping (China, Russia, India, Brazil and South Africa) to oppose "the abuse" of sanctions, in an apparent jibe at the United States. Jinping said, "We need to encourage the international community to practice true multilateralism and uphold the international system with the UN at its core and the international order underpinned by international law". He urged to "reject the Cold War mentality and bloc confrontation, oppose unilateral sanctions and abuse of sanctions, and reject the small circles built around hegemonism by forming one big family belonging to a community with a shared future for humanity." The same thought was reiterated by Russian President Vladimir Putin, who scolded the West for fomenting the global crisis. Russia has been slapped with multiple economic sanctions after Russia announced the decision to invade Ukraine this year on February 24. The Chinese President said to reject "small circles", it appeared to be a veiled reference to the Quad, a grouping of the US, Japan and Australia and India. Quadrilateral Security Dialogue, or Quad, is aimed at countering China militarily and diplomatically in the "Indo-Pacific" region, particularly in the South China Sea. Apart from the Quad, Beijing has been critical of AUKUS (US, UK, Australia) alliance, alleging that it is aimed at containing China's rise. ALSO READ | Vladimir Putin to BRICS nations: Cooperate in face of West's 'selfish actions' WATCH | 14th BRICS Summit: Russia trying to forge closer ties with Asia × ALSO READ | BRICS summit: PM Modi says cooperation between countries can help global post-Covid recovery Jinping further said that the BRICS has shown resilience and vitality in the current global crisis. He said that over the past year, the world has faced multiple challenges, such as the continued spread of COVID-19, slow-paced world economic recovery and global security issues. Along with Jinping and Putin, Indian Prime Minister Narendra Modi, Brazilian President Jair Bolsonaro and South African President Cyril Ramaphosa also took part in the 14th BRICS summit. Xi said, "Facing the formidable and complex circumstances, BRICS countries have embraced the BRICS spirit of openness, inclusiveness and win-win cooperation, enhanced solidarity and coordination and jointly tackled the challenges." "The BRICS mechanism has demonstrated resilience and vitality. BRICS cooperation has achieved sound progress and results," he said in his speech posted on the website by the Chinese Foreign Ministry. BRICS nations account for more than 40 per cent of the global population and nearly a quarter of the world's gross domestic product and 16 per cent of the global trade. WATCH WION LIVE HERE You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here.

Xi Jinping tells BRICS nations to reject 'Cold War mentality and abuse of international sanctions'

The leaders of Brazil, Russia, India, China and South Africa virtually address the BRICS Summit. The gathering of emerging world economies this year is hosted by China. Chinese President Xi Jinping warns against expanding ties. Indian PM Modi focuses on Post-COVID economy.

BRICS Summit 2022: Xi warns against expanding military ties

<p>Indian Prime Minister Narendra Modi weighed in on the global post-pandemic recovery while addressing the 14th BRICS summit on Thursday (June 23). PM Modi said that the BRICS member nations have a similar approach to the governance of the global economy. He added that cooperation between the countries can make a useful contribution to economic recovery in the aftermath of coronavirus (COVID-19).&nbsp;</p>

<p>BRICS consists of China, Russia, India, Brazil and South Africa - which account for more than 40 per cent of the global population and nearly a quarter of the world's gross domestic product and 16 per cent of the global trade.&nbsp;</p>

<p>"Our mutual cooperation can make a useful contribution to the global post-Covid recovery," said PM Modi, adding that the structural changes undertaken in the BRICS in the last few years increased the influence of the grouping.&nbsp;</p>

<p>The Indian Prime Minister said that there're multiple areas wherein through cooperation between BRICS nations, the citizens have benefitted. For example, by increasing connectivity between BRICS Youth Summits, BRICS Sports, civil society organisations and think tanks.&nbsp;</p>

<p>PM Modi said that it is a matter of happiness that membership of the New Development Bank (NDB) has increased. "I am confident that our deliberations today will produce suggestions to further strengthen our ties," he said.&nbsp;</p>

<p><strong>WATCH |&nbsp;The BRICS Summit: Beijing hosts meeting of BRICS emerging economies&nbsp;</strong></p>

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<p>On Wednesday, at BRICS Business Forum, PM Modi said that the Indian economy is expected to grow by 7.5% this year. He said that the country's success is based on technology-led growth with innovation and startups.&nbsp;</p>

<p>He said that this year India is expecting 7.5% growth, which makes the country the fastest-growing major economy. As per the Prime Minister, transformative changes are taking place in every sector of emerging "New India".&nbsp;</p>

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Indian Prime Minister Narendra Modi weighed in on the global post-pandemic recovery while addressing the 14th BRICS summit on Thursday (June 23). PM Modi said that the BRICS member nations have a similar approach to the governance of the global economy.

Indian Prime Minister Narendra Modi weighed in on the global post-pandemic recovery while addressing the 14th BRICS summit on Thursday (June 23). PM Modi said that the BRICS member nations have a similar approach to the governance of the global economy. He added that cooperation between the countries can make a useful contribution to economic recovery in the aftermath of coronavirus (COVID-19). BRICS consists of China, Russia, India, Brazil and South Africa - which account for more than 40 per cent of the global population and nearly a quarter of the world's gross domestic product and 16 per cent of the global trade. "Our mutual cooperation can make a useful contribution to the global post-Covid recovery," said PM Modi, adding that the structural changes undertaken in the BRICS in the last few years increased the influence of the grouping. The Indian Prime Minister said that there're multiple areas wherein through cooperation between BRICS nations, the citizens have benefitted. For example, by increasing connectivity between BRICS Youth Summits, BRICS Sports, civil society organisations and think tanks. PM Modi said that it is a matter of happiness that membership of the New Development Bank (NDB) has increased. "I am confident that our deliberations today will produce suggestions to further strengthen our ties," he said. WATCH | The BRICS Summit: Beijing hosts meeting of BRICS emerging economies × On Wednesday, at BRICS Business Forum, PM Modi said that the Indian economy is expected to grow by 7.5% this year. He said that the country's success is based on technology-led growth with innovation and startups. He said that this year India is expecting 7.5% growth, which makes the country the fastest-growing major economy. As per the Prime Minister, transformative changes are taking place in every sector of emerging "New India". WATCH WION LIVE HERE You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here.

BRICS summit: PM Modi says cooperation between countries can help global post-Covid recovery

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Xi Jinping tells BRICS nations to reject 'Cold War mentality and abuse of international sanctions'

BRICS Summit 2022: Xi warns against expanding military ties

BRICS summit: PM Modi says cooperation between countries can help global post-Covid recovery