Xi pushes 'Greater BRICS' economic ties to give bloc larger global role
Xi proposed a BRICS AI open-source zone and service trade forum to deepen cooperation across the expanded bloc, officials said.
- On Sunday, Chinese President Xi Jinping unveiled a five-point "Greater BRICS" initiative to deepen cooperation across artificial intelligence, trade, digital industry, manufacturing, and science among the expanded grouping.
- The grouping has expanded to include Iran, Indonesia, Egypt, Ethiopia, and the United Arab Emirates beyond its original membership, broadening its reach across the Global South and prompting use of the term "Greater BRICS."
- Xi proposed establishing a BRICS AI Open Source Zone for large language model development and a digital ecosystem cloud platform; China will also host a BRICS Service Trade Forum next year to boost trade and investment ties.
- On Saturday, the summit forged consensus on a joint declaration backed by Iran and the United Arab Emirates, expressing deep concern over escalating Middle East tensions and urging maximum restraint.
- With India chairing the 11-nation group in 2026 and China assuming leadership in 2027, the bloc aims to reform international financial architecture and increase developing-country representation in global governance.
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Xi made the proposal during his speech at the second and final session of the BRICS leaders' summit this weekend in New Delhi, where the Chinese president presented five cooperation initiatives that boost the growth of the so-called Global South in the fields of AI, trade and investment, digital industry, intelligent manufacturing and talent development, according to the official Xinhua agency.
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