US EditionChina’s Xi Makes Rallying Call Against Hegemonism, Protectionism in Brics Speech
BRICS members, including Brazil and India facing up to 50% tariffs, seek reforms to global trade and multilateral institutions to address economic challenges and promote cooperation.
- On September 8, Chinese President Xi Jinping will address the BRICS Leaders Virtual Meeting via video link from Beijing, holding in-depth exchanges on global economic and multilateral issues.
- With Brazil holding the 2025 BRICS chairmanship, the summit follows the Rio de Janeiro Declaration in July and occurs amid US tariff hikes earlier this year, impacting Brazil and India with 50% tariffs.
- Leaders will debate ongoing conflicts including Ukraine and Israel-Palestine tensions and the need to reform the United Nations Security Council, while Brazil placed climate on the agenda with COP preparations and the Forever Tropical Forests Fund.
- India sent External Affairs Minister S. Jaishankar, who called trade patterns and market access prominent issues and urged resilient, shorter supply chains to address Global South's security challenges.
- Chinese experts noted that BRICS, comprising 11 member countries, seeks to strengthen Global South cooperation and Brazilian officials argued for balanced global governance beyond the G7 and WTO reform.
27 Articles
27 Articles
Russian President Vladimir Putin Participates in BRICS Virtual Summit, Agenda Sees Member Countries Cooperate on Trade, Finance
Get latest articles and stories on World at LatestLY. Russian President Vladimir Putin virtually participated in the BRICS virtual summit, which took place under the chairmanship of Brazil, the Russian Embassy in India shared on Monday. World News | Russian President Vladimir Putin Participates in BRICS Virtual Summit, Agenda Sees Member Countries Cooperate on Trade, Finance.
Economic practices need to be 'fair, transparent': EAM Jaishankar at BRICS summit
External Affairs Minister Dr S Jaishankar on Monday stressed that economic practices must be fair, transparent and should benefit everyone, as the world seeks a "stable and predictable environment" for trade and investment. He made the remarks while speaking at a virtual BRICS Summit, which was attended by Russian President Vladimir Putin and Chinese President Xi Jinping. During the Summit, which was convened by Brazilian President Luiz Inacio …
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