During the celebrations for the 70th anniversary of these five precepts that are part of Chinese foreign policy, the president of the New Development Bank (NBD) of the Brics group, Dilma Rousseff, warned that the world is facing a slowdown in globalization, the rise of protectionism and new political forms.

In this context, the Five Principles of Peaceful Coexistence constitute a moral compass of how the links between the different nations should be, she emphasized.

In the opinion of the former Brazilian president, the reorganization of commercial and financial centers deepens economic and social inequality, while increasing tensions in a global scenario already affected by natural disasters.

Rousseff pointed out that the world has entered a new phase characterized by fragmentation, instability and changes in consumption patterns.

“The complexity of global problems requires global laws,” she said, adding that no nation can effectively address these challenges alone.

ef/jav/mem/idm