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BRICS Conclude Expanded Rio Summit With Unified Declaration and Push Back at U.S. Tariff Threats

Delegates approved a 126-article declaration defending multilateral trade, proposing a non-dollar financial architecture, calling for an immediate Gaza ceasefire.

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Los BRICS se volvieron a reunir sin la presencia de China y Rusia.
(250706) -- RIO DE JANEIRO, 6 julio, 2025 (Xinhua) -- El primer ministro chino, Li Qiang, se reúne con el primer ministro etíope, Abiy Ahmed, al margen de la XVII Cumbre del BRICS, en Río de Janeiro, Brasil, el 6 de julio de 2025. (Xinhua/Yao Dawei) (rtg) (da)
Lula dice que el mundo es más inestable sin reforma del Consejo de Seguridad de la ONU

Overview

  • Ministers endorsed a declaration labeling unilateral tariffs inconsistent with WTO rules and urged UN Security Council reform to reflect emerging economies.
  • President Lula da Silva proposed at the New Development Bank a BRICS commercial currency to challenge dollar dependency in South-South trade.
  • Russian Finance Minister Anton Siluanov advocated for a digital, cross-border payment network using national currencies to bypass SWIFT and Western financial controls.
  • The final text condemned June’s strikes on Iran, backed a two-state solution for Israel and Palestine and demanded an immediate, unconditional Gaza ceasefire.
  • President Trump countered on Truth Social with a threat to impose a 10% tariff on any country aligning with policies he described as anti-American BRICS measures.