Part 6/10:
BRICS, comprising Brazil, Russia, China, India, and South Africa, along with recent additions like Iran, Indonesia, Egypt, Ethiopia, and the UAE, issued a cautious statement during a two-day summit in Rio de Janeiro. The declaration expressed "serious concerns" over unilateral trade measures, subtly criticizing the US policies without directly naming it. The leaders emphasized their commitment to a "rules-based, open, fair, inclusive, equitable, and non-discriminatory" trading system—a phrase that seems more aspirational than practical given the ongoing trade battles.