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BRICS cooperation helps stabilize global economy amid rising protectionism

Summary by CGTN
This year's summit will draw greater attention as the world, with prevalent regional conflicts and rising protectionism, is eager to hear the voice of BRICS, which represents nearly half of the world's population and contributes over 30 percent of the global GDP.

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The Brics Group has recently grown significantly. This strengthens the structure as a loose forum of cooperation, which, however, beckons with a lot of money.

By Carlos Frederico Pereira da Silva Gama, Shiv Nadar University      Rio de Janeiro, Jul5 (360info) On July 6-7, leaders

The progress of the BRICS is reflected not only in its size, but also in its continuing efforts to explore new models of cooperation and expand its areas of collaboration. In addition, the BRICS are moving towards a unified system of settlement and clearing in local currencies that could improve the stability and security of settlement channels, also increasing the efficiency of international payments. The post BRICS: An alternative and powerful…

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CGTN broke the news in Beijing, China on Thursday, July 3, 2025.
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