Ethiopian PM Calls BRICS to Push for Equitable World Order, Urges for Cooperation & Development

"I see a tremendous opportunity in BRICS; with its collective voice representing nearly half of the global population and over a third of the global GDP, BRICS has the potential to be a transformative force of a more equitable world order," Abiy Ahmed said.

"The imbalance in our economic framework globally leads to inequality, inflation and unemployment. A collective effort on our part is therefore required - more than ever. Calls to solve climate problems, to finance these solutions - they are not being heeded, even though the crisis is getting worse. Faced with these challenges, I see significant opportunities here within BRICS," he said.

"Our partnership should not only address today's challenges; it should lay the foundations for achieving a more equitable and inclusive multilateral world," the prime minister emphasized.

"The consideration of applications for membership of BRICS and the New Development Bank will create a system of alternative financing for infrastructure projects that are important for development. I believe that BRICS is in a unique position to pursue equitable multilateralism," he said.

"Ethiopia would like to emphasize that reforming the UN Security Council system deserves our attention. We believe that the countries that are represented at this summit will address the issue of Africa's representation in the UN Security Council on a parity basis, and this is an all-African position. And we are not just talking about representation here, we are talking about fairness, equality. Thus, all countries can make their contribution to global governance," the official noted.

"Our meeting gives us hope that we will achieve multilateralism and be able to meet the challenges facing our world today. We are a newcomer to the BRICS family, and we Ethiopia is ready to work constructively to strengthen multilateralism and developing countries on the principles of equality," he said.

"Intra-BRICS trade, investment, tourism can entail economic growth that will benefit not only the member states. It will also serve cooperation and solidarity in addressing global challenges. We must put our economies and capacities at the service of this in order to achieve economic growth for the benefit of our peoples," the politician emphasized.

"We are committed to food security. We will become the largest producer of cereals due to our productivity," he said, adding that Ethiopia is the third-largest economy in Sub-Saharan Africa.