BRICS Leaders Call for Transparent, Inclusive International Trade



Economic Times

Osaka-India and four other BRICS nations on Friday called for rules-based multilateral trading system, as embodied in the WTO, to ensure transparent, non-discriminatory, open and inclusive international trade, amid growing protectionism. 

Prime Minister Narendra Modi, Russian President Vladimir Putin, Chinese President Xi Jinping, South African President Cyril Ramaphosa and Brazil President Michel Temer met here on the sidelines of the G-20 Summit and exchanged views on international political, security and global economic-financial issues, as well as challenges facing sustainable development. 

In a joint press statement after the meeting, the five leaders noted that the world economic growth appears to be stabilising and is generally projected to pick up moderately later this year and into 2020.

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