The Kremlin announced that the leaders of the BRICS member countries held an extraordinary online meeting to discuss the trade policies of US President Donald Trump and the current global economic situation.
Sputnik Russia, quoting a Kremlin statement, reported that the meeting was held on Monday at the initiative of Brazil’s President Luiz Inácio Lula da Silva.
“The issues of cooperation among BRICS member countries in trade, economic, financial, investment and other areas were discussed, taking into account the current global economic situation,” the Kremlin said in its statement.
Meanwhile, the TASS news agency reported that Iranian President Masoud Pezeshkian, speaking at the online BRICS summit, proposed the creation of a joint mechanism to counter unilateral Western sanctions and their impact.
Pezeshkian emphasized that the world must move away from using tools such as economic sanctions to restore confidence in a just and multipolar system.
He added that BRICS and the Shanghai Cooperation Organization could play a key role in this effort.
BRICS is an intergovernmental association established in 2006 by Russia, China, India and Brazil, with South Africa joining in 2011.
At the beginning of 2024, several additional countries acceded to BRICS. Earlier, Russian presidential aide Yuri Ushakov stated that Belarus, Bolivia, Kazakhstan, Thailand, Cuba, Uganda, Malaysia, Uzbekistan and other countries officially became BRICS partner states as of January 1, 2025.
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