The Foreign Ministers of Brazil, Russia, India and China (BRIC) held their meeting in Yekaterinburg, Russia, on May 16, 2008.

The Ministers emphasized that the BRIC dialogue is based on mutual trust and respect, common interests, identical or similar views on pressing problems of global development and has bright prospects.

The Ministers agreed that building a more democratic international system founded on the rule of law and multilateralism is an imperative of our time. They pledged to work together and with other states to strengthen international security and stability and ensure equal opportunities for development to all countries.

The Ministers reiterated that today's world order should be based on the rule of international laws and the strengthening of multilateralism with the United Nations playing the central role. They reaffirmed the need for a comprehensive reform of the UN with a view to making it more efficient so that it can deal with the current global challenges more effectively. The Ministers of Russia and China reiterated that their countries attach importance to the status of India and Brazil in international affairs, and understand and support India's and Brazil's aspirations to play a greater role in the United Nations.

The Ministers noted that sustainable development of global economy in the long-term as well as finding solutions to the acute global problems of our time, such as poverty, hunger and diseases are only possible if due account is taken of the interests of all nations and within a just global economic system. Among other issues they discussed the current global food crisis. The Foreign Ministers of Russia, India and China welcomed the initiative of Brazil to organize a meeting of economy and/or finance ministers of the BRIC countries to discuss global economic and financial issues.

The Ministers expressed their strong commitment to multilateral diplomacy in dealing with common challenges to international security. They reiterated their support for political and diplomatic efforts to peacefully resolve disputes in international relations. A cooperative approach to international security is required that takes into account the concerns of all and addresses them in a spirit of dialogue and understanding. The Ministers emphasized that disarmament and non-proliferation are mutually reinforcing. They also agreed on the need for multilateral efforts to prevent an arms race in the outer space.

The Ministers unequivocally condemned terrorism in all its forms and manifestations, committed for whatever purposes. They reiterated that terrorism constitutes one of the most serious threats to international peace and security and that the international community should take necessary steps to enhance cooperation to prevent and combat terrorism. They particularly highlighted the importance of the UN cooperation framework and the need for all member states to implement international conventions of the United Nations and UN Security Council resolutions on fighting terrorism.

The Ministers emphasized the importance of the implementation of the UN Global Counter-Terrorism Strategy in all its aspects and expressed their opinion that all member states should make concerted efforts towards expeditious finalization of a Comprehensive Convention on International Terrorism at the UN.

The Ministers noticed a close interconnection between energy security, socio-economic development and environmental protection. They reaffirmed their commitment to the multilateral efforts aimed at reaching an optimum balance of interests between producers, transit states and consumers of energy resources. In this respect the parties emphasized the need for supporting energy programmes, such as programmes to increase access to energy, energy efficiency as well as the development and use of new and renewable sources of energy, including biofuels, which are compatible with sustainable development.

The Ministers spoke in favour of strengthening international cooperation to address climate change in the context of the UN Framework Convention on Climate Change and the Kyoto Protocol. They expressed their desire to work closely together in order to carry out the Bali Action Plan.

The Ministers spoke in favour of intensifying the dialogue to achieve the internationally agreed development goals, primarily the Millennium Development Goals, on the basis of global partnership for development. They supported international efforts to combat hunger and poverty.

The Ministers noted that the South-South cooperation is an important element of international efforts in the field of development. They emphasized that the South-South cooperation does not replace but rather complements the traditional forms of development assistance.

The Foreign Ministers of Brazil, Russia and India reaffirmed their countries' support for the 2008 Beijing Olympic Games.

The Ministers reached an understanding to hold the next BRIC foreign ministers' meeting on the margins of the 63rd session of the UN General Assembly, in New York, in September 2008. The next standalone BRIC Foreign Ministers' Meeting will be hosted by India.