Chinese Minister of Commerce Wang Wentao (center) attends a BRICS ministerial conference via video link on Aug 7, 2023. (PHOTO / MINISTRY OF COMMERCE, CHINA)

BEIJING - China's Ministry of Commerce (MOC) said Tuesday that BRICS ministers of trade and economy reached a consensus and achieved significant results at a recent ministerial meeting.

At the video conference on Monday, the ministers agreed to expand cooperation in the digital economy and green development and make joint efforts to promote a stable supply chain and support micro, small, and medium-sized enterprises, a MOC official said.

The trade ministers also reached a consensus to invite non-BRICS countries to discuss the digital economy and explore cooperation with other developing countries and the least developed countries

In a common voice, the ministers agreed to strengthen the multilateral trade system with the World Trade Organization (WTO) at its core and participate in the WTO reform with a constructive attitude.

READ MORE: Much expected from upcoming BRICS summit

The ministers condemned some developed countries for adopting unilateral and discriminatory measures, including the Carbon Border Adjustment Mechanism and tax incentives. They stressed that the policy-making related to climate change be consistent with the principle of common but differentiated responsibilities and the WTO rules.

ALSO READ: Senior diplomat: China ready to enhance BRICS cooperation

They also reached a consensus to invite non-BRICS countries to discuss the digital economy and explore cooperation with other developing countries and the least developed countries. The multilateral trade system with like-minded non-BRICS members will also be strengthened to promote the forming of a sound trade environment conducive to development.

BRICS is an acronym for five emerging economies -- Brazil, Russia, India, China, and South Africa.