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BRICS foreign ministers express serious concerns over 'indiscriminate' tariffs

BRICS foreign ministers express serious concerns over 'indiscriminate' tariffs
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Alsharq Tribune- World News 

A meeting of the BRICS emerging economies has ended with a presidential statement expressing serious concerns over "indiscriminate" tariffs, without naming the US administration of President Donald Trump.

The foreign ministers of BRICS members, including China and Russia, wrapped up their meeting on Tuesday in Rio de Janeiro, Brazil. A total of 20 nations took part, including the group's partner countries.

The statement says the ministers "voiced serious concerns about the rise of unjustified unilateral protectionist measures," including the "indiscriminate raising of reciprocal tariffs."

It calls on "all sides to take measures to defend free trade and multilateral trading system."

A key topic at the meeting was how to respond to what the Trump administration calls "reciprocal tariffs."

On Monday, Chinese Foreign Minister Wang Yi urged BRICS to jointly oppose protectionism. He said, "Choosing to remain silent, compromise or flinch will only invite more bullying."

Chair nation Brazil says the meeting resulted in an agreement by BRICS members to strengthen multilateralism.

 

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