16th BRICS Summit concluded with the adoption of the Kazan Declaration

16th BRICS Summit concluded with the adoption of the Kazan Declaration

Daily Current Affairs   /   16th BRICS Summit concluded with the adoption of the Kazan Declaration

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Category : International Published on: October 25 2024

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  • The 16th BRICS Summit concluded with the adoption of the Kazan Declaration, focusing on global governance, economic cooperation, and financial reform, hosted by Russia in Kazan.
  • Key initiatives include the BRICS Cross-Border Payment System, promoting local currency use, the BRICS Clear Depositary for independent settlement infrastructure, and the BRICS Grain Exchange for commodities trading.
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