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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.
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Xi pushes economic ties to give BRICS bloc global role

BRICS 2026 chair India and 2027 chair China are seeking wider economic, trade and AI partnerships to boost the bloc's global clout.

·Osborne Park, Australia
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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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kbc.co.ke broke the news on Sunday, September 13, 2026.
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