BRICS partners and Indonesia discuss trade predictability amid WTO scrutiny of India's trade policies.

The entities involved

• Indonesia →

  island country in Southeast Asia and Oceania

  • Both Egypt and Indonesia are facing rising staple food prices due to global climate shocks.16:32
  • Food prices in Indonesia are rising due to adverse weather conditions.16:32
• BRICS →

  association of Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Indonesia, Iran, and the United Arab Emirates

  • Kazakhstan is facilitating trade between China and Europe, with transit volumes targets set for the European market.13:55
  • The BRICS bloc was founded in 2013 with aims to partner with Africa for development, involving South Africa and Jacob Zuma.11:22
• World Trade Organization →

  intergovernmental organization that intends to supervise and liberalize international trade

  • The United Nations and the World Trade Organization are cited as prime examples of how international bodies function to promote multilateralism and conduct direct diplomacy.03:21
  • Global South nations affirmed support for the multilateral trading system at a recent conference.03:21

Related events

• BRICS India Ministerial Meeting explored deepening trade and investment cooperation between member nations, including Egypt.Aug 7
• The 18th BRICS Summit is currently taking place in New Delhi, where members are calling for significant reforms in the WTO and the IMF.Sep 12
• India is recognized as a key partner in the BRICS bloc, with Vladimir Putin strongly backing India's strategic autonomy against Western threats.Jun 9
• India and Thailand strengthened bilateral cooperation during a discussion held within the BRICS framework.Thu 11:15