BRICS 2026 calls for bigger emerging-market voice in IMF, World Bank; criticises unilateral tariffs
BRICS backed local-currency trade and cross-border payment work while urging IMF and World Bank quota, voting and leadership reforms.
4 Articles
4 Articles
BRICS 2026 calls for bigger emerging-market voice in IMF, World Bank; criticises unilateral tariffs
BRICS finance leaders urged greater emerging market representation in global financial institutions. They also advocated for increased local currency use in trade and investment activities. The bloc criticized unilateral tariffs and trade measures, supporting a rules-based multilateral trading system. Work continues on cross-border payment systems and strengthening the New Development Bank's role. BRICS members also discussed cooperation on arti…
BRICS pushes for greater emerging-market role in global financial institutions - Times Kuwait
BRICS finance ministers and central bank governors have called for reforms to global financial institutions, including the International Monetary Fund and World Bank, to give emerging-market economies a greater role in global economic governance. In a joint statement, BRICS finance officials said reforming global economic governance remains a firm priority for the group as emerging-market …
The BRICS, the bloc of emerging countries comprising Brazil, Russia, India, China, South Africa and other more recent members, has issued a joint statement in [...]
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