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