Senior diplomats from the BRIX countries will meet on Monday in Brazil to present a unified front in the face of threats arising from US President Donald Trump’s policies.
The meeting comes in a critical moment for the global economy after the International Monetary Fund reduced the forecast of growth on the impact of the new, uncomfortable definitions of the American leader.
Diplomats will meet the commercial bloc that includes the current president, Brazil, Russia, India, China and South Africa for two days in Rio de Janeiro, as the sects of the leaders of the leaders in July.
“The ministers are negotiating a declaration aimed at a central reaffirmation and the importance of the multilateral trading system,” Mauricio Legrio, Brazilian actor, told Mauricio Legio to reporters on Saturday.
The group has expanded significantly since its inception in 2009 – and it now includes Iran, Egypt and the United Arab Emirates. It constitutes approximately half of the world’s population and 39 % of global GDP.
Since his return to the White House in January, Trump has reached dozens of countries with a 10 % blanket tariff, but China has a fee of up to 145 % on many products. Beijing responded to 125 % duties over American goods.
Brazilian Foreign Minister Mauro Vieira will host the meeting, which will be attended by the Russian Sergey Lavrov, and the Chinese and others.
It is scheduled to start at approximately 11:00 am local time (1400 GMT) with an expected statement in the afternoon local time.
Climate change is expected to change on the agenda before the United Nations COP30 climate summit in November hosted by Brazil in the city of Bilim Amazon.
The group will also discuss the war in Ukraine, as Trump is seeking to push Russia and Ukraine towards a peace agreement.
The Brexes will be joined on Tuesday by nine other “partner” countries, including many former Soviet countries, as well as Cuba, Malaysia, Thailand, Uganda and Nigeria.
This story was originally shown on Fortune.com
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