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Africanews

BRICS call for IMF reform, fairer AI governance

Africanews · Just In
Africanews
Africanews
Just In

The BRICS countries, which have grown to include 10 member states since last year, are meeting for their annual summit from 6 to 7 July in Rio de Janeiro in Brazil.

BreakdownGenerated by LeadStory AI
  • BRICS countries called for reforms to the International Monetary Fund, focusing on the quota system. 1s
  • The bloc supports an inclusive, balanced, and transparent process for IMF quota realignment. 30s
  • BRICS leaders also addressed the need for fairer governance of artificial intelligence technologies. 45s
  • A declaration on AI governance was adopted, promoting fairness and inclusivity in technology development. 58s
  • Brazil currently holds the rotating presidency of BRICS. 1m 20s
International Politics