Five of the biggest emerging economies railed against protectionism on Thursday as they vowed to overcome “significant challenges” facing multilateralism, in a swipe at US tariffs and unilateral action.
Brazil's President Jair Bolsonaro will walk a diplomatic tightrope on Wednesday when he hosts his Chinese counterpart, as he seeks to boost ties with Beijing and avoid upsetting key ally Donald Trump.
Brazil’s Vice President Hamilton Mourao said on Monday that Chinese President Xi Jinping will visit Brazil in November, as the two nations seek to strengthen political and economic ties at a time of global trade tensions.
Brazil's Foreign Minister Ernesto Araujo on Friday pleaded with the country's partners in the BRICS group of emerging economies to heed the “cries” of Venezuelans and work together to end the crisis.
Former Brazil's President Luiz Inacio Lula Da Silva, better or simply known as Lula, said Donald Trump doesn't care about Latin America in the least and added that Bush and Condoleezza Rice pursued a much more democratic policy towards Brazil than Barack Obama and Hillary Clinton.” In his view, Obama could give magnificent speeches, but never actually delivered.
Five major emerging economies opened a summit on Monday to map out their future course, with host Chinese President Xi Jinping calling on them to play a bigger role in world governance, reject protectionism and inject new energy into tackling the gap between the world's wealthy and developing nations.
President Michel Temer of Brazil is to meet his Russian counterpart Vladimir Putin during his Moscow stop this coming week. Among the items to be discussed is the purchase of air defense missile systems. There will also be talks with Russian investors to discuss energy matters.
Amid fears of threats posed by protectionism, the BRICS countries have vowed to deepen economic engagement, tackle the global economic slowdown, and combat cross border terrorism. The leaders of the five emerging economies of Brazil, Russia, India, China and South Africa wrapped up a summit Sunday in Goa, in western India.
President Cristina Fernández called on Brazil’s former president Lula da Silva to become Argentina’s “ambassador” to help it join the group of emerging countries known as BRICS, acronym for Brazil, Russia, India, China and South Africa. Lula is currently campaigning in support of incumbent presidential candidate Daniel Scioli, and the so called 'Kirchner' model that 'transformed Argentina'.
Officials from the world's largest emerging nations launched on Tuesday the New Development Bank (NDB), the second of two new policy banks heavily backed by Beijing that are being pitched as alternatives to existing institutions such as the World Bank. Also known as the BRICS bank, it follows soon after the establishment of the China-led Asian Investment Infrastructure Bank (AIIB).