#Finance #Yahoo : Chinese President Xi Jinping said #China and #India, the world’s two most populous nations and leading voices of the #Global South, carried #significant weight in a #global order marked by #turbulence and change.

Navamya Acharya
Sat, September 12, 2026 at 9:26 a.m. PDT
Finance Yahoo

He said the broader international landscape called for closer #cooperation through the expanded #BRICS framework to help shape a fair, orderly #multipolar world and a form of #economic #globalisation that benefits all nations inclusively.

The summit drew Russian President Vladimir Putin, Xi, Iranian President Masoud Pezeshkian, #SouthAfrica President Cyril Ramaphosa and Abu Dhabi Crown Prince Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, among other #leaders.

BRICS comprises #Brazil, #Russia, #India, #China, South Africa, #Egypt, #Ethiopia, #Indonesia, #Iran and the #UnitedArabEmirates.

#Finance #Yahoo : The bloc also denounced unilateral coercive measures such as #economic and #secondary #sanctions as #violations of #international #law and called for them to be lifted.

Navamya Acharya
Sat, September 12, 2026 at 9:26 a.m. PDT
Finance Yahoo

The group backed expanded use of local #currencies for #trade and #investment among its 11 members, though it #declined to #endorse a single #BRICS currency or a unified #alternative to the #dollar, noting that no single approach would suit all #members.