What's happening at the BRICS summit in Brazil?
Asked 8 hours ago
Answer
At the BRICS summit in Brazil, leaders are calling for reforms to the International Monetary Fund (IMF) quota system and advocating for fairer, more inclusive governance of artificial intelligence. The summit is marked by heightened security, the absence of key leaders from China and Russia, and discussions on global cooperation, climate change, and trade. The bloc also condemned rising tariffs and attacks on Iran, and criticized Israeli military actions, while focusing on promoting a multipolar world and greater representation for the Global South.
References
On the sidelines of the summit, Chinese Premier Li Qiang and Ethiopian Prime Minister Abiy Ahmed discussed expanding bilateral trade and investment, focusing on sustainable development and cooperation within multilateral groups like BRICS.
Brazil's president is calling for fairer governance of artificial intelligence technologies, with the group adopting a declaration on AI governance to ensure AI development and benefits are accessible and regulated under a fair global framework.
The 17th BRICS Summit is underway in Rio de Janeiro with 17,000 police and soldiers providing security. The group has expanded to 11 countries and is aiming to promote a multipolar world and greater representation for the Global South.
