BRICS finance ministers, central bank chiefs flag concerns on unilateral tariffs
Reiterating their "serious concerns" about unilateral tariffs and non-tariff measures, BRICS finance ministers and central bank governors have warned that such actions distort trade and conflict with World Trade Organisation (WTO) rules. As emerging markets and developing economies continue to gain a larger share of global output and growth, the BRICS finance ministers and central bank governors called for a fair, inclusive, and transparent selection process for the leadership of the International Monetary Fund (IMF) and the World Bank.
They emphasized that BRICS economies have shown resilience and continue to contribute significantly to global stability.
Written by urgent.news from The Indian Express's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.