Xi pushes 'Greater BRICS' economic ties to give bloc larger global role
Xi proposed a BRICS Special Economic Zone partnership and an AI Open Source Zone as the bloc seeks wider trade and investment ties.
- Chinese President Xi Jinping unveiled initiatives in New Delhi on Sunday to deepen cooperation among "Greater BRICS" economies, seeking to weld the grouping into a practical platform for Global South development.
- BRICS has expanded to include Iran, Indonesia, Egypt, Ethiopia, and the United Arab Emirates beyond an original membership of Brazil, Russia, India, China, and South Africa two decades ago, aiming to transform an order dominated by the United States.
- Jinping proposed a "BRICS Special Economic Zone" partnership and "AI Open Source Zone," adding that China will host a "BRICS Service Trade Forum" next year to boost investment ties.
- The summit forged consensus on a joint declaration backed by Iran and the UAE on Saturday, while President Masoud Pezeshkian met the Crown Prince of Abu Dhabi on the sidelines to discuss regional stability.
- With 2026 chair India and 2027 chair China seeking wider partnerships, cooperation across politics, security, and finance remains the grouping's focus to boost its global clout.
24 Articles
24 Articles
Xi proposes initiatives on Brics cooperation
President Xi Jinping on Sunday proposed five initiatives on greater Brics cooperation in areas of artificial intelligence, trade and investment facilitation, digital industry, smart manufacturing, and talent development. Xi made the proposals when attending the second and final day of the Brics summit in New Delhi. He stressed that greater Brics must make greater impacts, achieve greater development, and lay a solid foundation for practical coop…
Chinese President Xi Jinping proposed initiatives on Monday to strengthen cooperation within the "extended BRICS" in areas such as artificial intelligence, trade and investment, digital industry, smart manufacturing and talent development, Xinhua reported, quoted by BTA. Xi presented his proposals to participants in the BRICS summit in Delhi. The Chinese leader stressed that the "extended BRICS" should have a greater impact, achieve more meani…
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