Highlights of Xiamen Declaration

Key Points Agreed Upon By Brics Leaders

1. BRICS countries will strive towards broad partnerships with emerging markets and developing countries, and pursue equal-footed and flexible practices and initiatives for dialogue and cooperation with non-BRICS countries, including through BRICS Plus cooperation.

2. We welcome the creation of the BRICS E-Port Network and the establishment of the BRICS E-Commerce Working Group. We also welcome China's initiative to host the International Import Expo in 2018.

3. We agree to promote the development of BRICS local currency bond markets and to jointly establish a BRICS local currency bond fund.

4. We agree to facilitate financial market integration.

5. We encourage explorations toward the establishment of the BRICS Institute of Future Networks. We will enhance joint BRICS research, development and innovation in information and communications technology, including the internet of things, cloud computing, big data, data analytics, nanotechnology, artificial intelligence, 5G and their innovative applications.

6. We commit to strengthen BRICS cooperation on energy. We will work to foster open, flexible and transparent markets for energy commodities and technologies.