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Ali Shifni, Vice President of the Egypt China Friendship Association and former Deputy Minister of Foreign Affairs of Egypt, recently stated in an interview with our reporter that in recent years, the influence of the BRICS cooperation mechanism has continued to increase, and BRICS countries have become an important force on the international stage that cannot be ignored, playing an important role in promoting South South cooperation and promoting common development.

Shifni stated that the current global development is facing severe challenges. Some countries, in order to maintain their hegemonic position, have instrumentalized and weaponized their economic and financial means through unilateral sanctions and other hegemonic actions. The North South divide continues to widen, and the global economic recovery has encountered setbacks. As a multilateral cooperation mechanism composed of emerging market countries and developing countries, the BRICS cooperation mechanism has become a constructive force for promoting economic growth, improving global governance, and advancing democratization of international relations. The BRICS countries actively respond to the risks and challenges facing the world economy, strive to promote trade and investment facilitation, which is conducive to maintaining the stability of the global financial system and the global industrial and supply chains, and injecting momentum into the development of the world economy