- Title: China, BRICS trade ministers vow to fight protectionism
- Date: 2nd August 2017
- Summary: SHANGHAI, CHINA (AUGUST 2, 2017) (REUTERS) VARIOUS OF PRESS CONFERENCE IN PROGRESS (SOUNDBITE) (Mandarin) CHINA'S COMMERCE MINISTER ZHONG SHAN, SAYING: "With the economic technology cooperation framework BRICS nations will begin construction around the fields of making trade and investment more convenient, e-commerce, trade in services and intellectual property, in accordance with the members' willingness to cooperate and their specific demands. We'll actively share BRICS countries economic development styles and development theories. We will push forward economic development and technical progress, and together enact the U.N. 2030 sustainable development goals." JOURNALIST TAKING NOTES (SOUNDBITE) (Mandarin) CHINA'S COMMERCE MINISTER ZHONG SHAN, SAYING: "Ministers were committed to continue to firmly oppose trade and investment protectionism, continue to support efforts on supervision and protection made by WTO and other trade organization." CAMERAMEN PRESS CONFERENCE IN PROGRESS CHINA'S COMMERCE MINISTER ZHONG SHAN LEAVING PRESS ROOM
- Embargoed: 16th August 2017 08:43
- Keywords: BRICS china protectionism resist
- Location: SHANGHAI, CHINA
- City: SHANGHAI, CHINA
- Country: China
- Topics: Government/Politics
- Reuters ID: LVA0016SGQZWN
- Aspect Ratio: 16:9
- Story Text: China and the other BRICS nations pledged on Wednesday (August 2) to fight protectionism and safeguard intellectual property rights, even as U.S. President Donald Trump considers action against what he sees as unfair trade practices by China.
Trade ministers from Brazil, Russia, India, China and South Africa concluded two days of meetings in Shanghai agreeing to deepen trade and investment links, and "safeguard and develop" the multilateral trading system, according to a statement by Chinese Commerce Minister Zhong Shan.
The ministers also approved guidelines for cooperation between the five countries on intellectual property rights (IPR).
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