Brics leaders unite in stand over dominance of trade and finance by West


Source: irishtimes.com irishtimes.com

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Leaders of the Brics nations have taken a united stand against the dominance the US and EU exert over international trade and financial systems in their opening remarks at the group’s 15th annual summit in Johannesburg. The leaders of Brazil, Russia, India, China and South Africa (Brics) positioned the group as an alternative to a unipolar world currently dominated by the West. South Africa’s president, Cyril Ramaphosa, said they had agreed to consider requests from more than 20 countries to join the group, which accounts for a quarter of global GDP. Mr Ramaphosa also called for a deepening of multilateralism...