Capt. Xu Lirong Took Over the Chairmanship of BRICS Business Council
On March 31, 2017, Capt. Xu Lirong attended the 2017 Mid-term Meeting of BRICS Business Council, and formally took over the rotating chairmanship of the Council from Mr. Onkar Kanwar, Chairman of Indian BRICS Business Council. Chinese Council members jointly introduced the 2017 Work Plan to all chapters of the Council during the meeting.
On April 1, Capt. Xu attended the opening ceremony of the Second Annual Meeting of New Development Bank. The ceremony was attended by Ministers of Finance of BRICS countries, executives of multilateral development agencies, NDB and BRICS Business Council.
During the Second NDB Annual Meeting, BRICS Business Council and NDB held a working breakfast. The two sides exchanged views on their cooperation. Capt. Xu said that the Council and NDB should enhance mutual understanding, establish regular work mechanism, and work together on specific bilateral or multilateral projects. The Council is willing to identify private sector projects to NDB, facilitating infrastructure construction and sustainable development in BRICS and other developing countries. The meeting was attended by members of BRICS Business Council and NDB management.