BRICS emerging economies reaffirm support for multilateral trade under WTO rules


  • World
  • Thursday, 26 Jul 2018

China's President Xi Jinping takes his seat at the first closed session of the leaders of the BRICS summit meeting in Johannesburg, South Africa, July 26, 2018. REUTERS/Mike Hutchings

JOHANNESBURG (Reuters) - Leaders of the BRICS bloc of emerging economies, meeting in the wake of tariff threats by U.S. President Donald Trump, signed a declaration supporting an open and inclusive multilateral trading system under World Trade Organisation rules at their summit in South Africa on Thursday.

Brazil, Russia, India, China and South Africa agreed at the three-day meeting to fight unilateralism and protectionism.

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