10th BRICS Summit

BRICS Summit prioritizes defence of the multilateral trading system

South Africa will host the BRICS Vaccine Research Centre
BRICS leaders say multilateralism is facing unprecedented challenges [PPIO]
 
South African President Cyril Ramaphosa in his media briefing wrapping up the progress of the Tenth BRICS Summit mentioned the defence of the multilateral trading system first, but also highlighted the importance of the BRICS outreach programme as South Africa had hosted 31 countries in addition to its BRICS partners.

South African Trade Minister Rob Davies condemns US trade war actions

“These actions are accompanied by growing disdain for multilateralism and global trade rules.”
Davies says US unilateral policies will disrupt global trade [Photo courtesy: DTI]
The South African Minister of Trade and Industry, Dr Rob Davies, told the BRICS Business Council meeting in Durban South Africa that the US was creating global economic turbulence by ignoring long standing world trade rules and imposing unilateral actions.