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Ethiopian delegation attends BRICS Forum on Partnership on New Industrial Revolution 2024

Addis Ababa, September 11, 2024 (FBC) – Ethiopian delegation, led by State Minister for Industry Mr. Tarekegn Bululta, is participating in the BRICS Forum on Partnership on New Industrial Revolution 2024 in Xiamen, China.

The BRICS Forum on Partnership on New Industrial Revolution 2024 opened in the Southeast China’s coastal city on Tuesday, 10th September, with the theme “Fostering high-quality partnership and embarking on a new journey of new industrialization.”

This year’s forum has participants from BRICS nations, as well as representatives from 40 countries and international organizations. The event focuses on key global issues related to technological revolution and industrial transformation, highlighting the opportunities and challenges faced by BRICS and other developing countries in accelerating industrialization.

In his opening remarks, Jin Zhuanglong, China’s Minister of Industry and Information Technology, stated; “We have actively promoted high-level opening up and shared development opportunities and dividends with other countries. We have also actively implemented the Global Development Initiative, with focus on green development, new industrialization, and digital economy. These have promoted new industrial revolution partnerships, and injected a strong impetus into global economic development.”

The forum will focus on key global issues related to the technological revolution and industrial transformation, highlighting the opportunities and challenges faced by BRICS and other developing countries in accelerating industrialization. Ten specialized discussions will delve into areas such as artificial intelligence, smart manufacturing, and low-altitude industries, aiming to foster cooperation in policy-making, technological innovation, and industrial development.

A key highlight of the forum is said to be the introduction of an initiative on international cooperation for new industrialization, which advocates for enhanced collaboration among BRICS and BRICS+ nations to explore unique paths for new industrialization and drive mutual development.

Furthermore, the forum features various supporting activities such as the BRICS New Industrial Revolution Exhibition, creating a platform for technical exchanges, exhibitions, project collaborations, and industry-finance docking for industries across nations. These initiatives aim to provide public services for industrial cooperation and support BRICS nations’ industries in unlocking their cooperation potential.

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