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Montevideo, May 20th 2019 - 13:01 UTC

Tag: Brics countries

  • Friday, July 27th 2018 - 08:45 UTC

    BRICS implicit support for China in its trade dispute with United States

    Trump has already slapped levies on goods from China worth tens of billions of dollars, as well as tariffs on steel and aluminum from the EU, Canada and Mexico

    Five of the biggest emerging economies on Thursday stood by the multilateral system and vowed to strengthen economic cooperation in the face of US tariff threats and unilateralism. The heads of the so-called Brics – Brazil, Russia, India, China and South Africa – met for an annual summit dominated by the risk of a global US- led trade war, although leaders did not publicly mention President Donald Trump by name.

  • Monday, October 17th 2016 - 09:47 UTC

    BRICS summit, despite drawbacks ends optimistic and vows to deepen economic engagement

    India’s prime minister, Narendra Modi, called for doubling trade within the BRICS bloc in the next five years to US$500 billion, dismantling trade barriers and improving infrastructure.

    Amid fears of threats posed by protectionism, the BRICS countries have vowed to deepen economic engagement, tackle the global economic slowdown, and combat cross border terrorism. The leaders of the five emerging economies of Brazil, Russia, India, China and South Africa wrapped up a summit Sunday in Goa, in western India.