BRICS is addressing global trade challenges, including potential Strait of Hormuz shutdowns, and discussing methods to strengthen the multilateral trading system.
3 reports, 3 independent
Updated Sep 12
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What happened
BRICS is addressing global trade challenges, including potential Strait of Hormuz shutdowns, and discussing methods to strengthen the multilateral trading system.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- BRICS issued a declaration defending multilateral institutions, specifically the World Trade Organization.Sub-event
- BRICS members are engaged in trade discussions ahead of their summit, focusing on removing trade barriers and boosting exports.Sub-event
BRICS responds to global trade challenges like Strait of Hormuz shutdowns and seeks to strengthen the multilateral trading system.1 source
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The entities involved
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BRICS
association of Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Indonesia, Iran, and the United Arab Emirates
Related events
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- BRICS is pushing for strategic autonomy amid global disruptions, including the Hormuz closure and US-Iran conflict.
- BRICS slammed Western trade barriers during the session chaired by India.
- India discussed trade enhancements within the BRICS bloc.