A statement was issued that read the member states "strongly condemn terrorism in all its forms and manifestations and stressed that there can be no justification whatsoever." The group had also decided to set up a credit rating agency at some point in the future. They also called on the BRICS'
New Development Bank to focus on funding specific development priorities and to create a network of angel investors. Other agreements included to set up research centres in the fields of agriculture, railways and a BRICS sports council. The
final communique focused on promoting "international norms that promote stability and inclusion in common spaces." It suggested that with "mega-regional trading agreements have significantly altered the discourse on cross-border trade, the summit stressed the need for co-operation in crucial matters relating to
intellectual property rights and the digital economy." They also highlighted the "centrality" to the
WTO trading system, but their endorsement this year is significant. It further reflected a moment in the group's history, which has seen "alternative" powers weighing on the side of liberal, multilateral trading institutions that were conceived by the West. Digital spaces were referred to beyond Internet governance alone, but also to keep cyberspace open for commerce and prevent its "stratification" by exclusive trading regimes. Amongst other independent statements, Jinping issued a statement that read: "The global economy is still going through a treacherous recovery. Because of the impact of both internal and external factors, BRICS countries have somewhat slowed down in economic growth and have faced a number of new challenges in development." He further warned against a backlash to
globalisation: "At present the deep-seated impact of the international financial crisis is still unfolding...deep-seated imbalances that triggered the financial crisis. Some countries are getting more inward-looking in their policies. Protectionism is rising and forces against globalisation are posing an emerging risk." Modi also stated that BRICS were a beacon of peace and promise. ==BRICS-BIMSTEC Summit==