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 in New Delhi to deepen cooperation among the 11-nation group across artificial intelligence, trade, digital industry, manufacturing, and science and technology.
- The grouping has expanded beyond its original five members to include Iran, Indonesia, Egypt, Ethiopia, and the United Arab Emirates, broadening its reach across the Global South and positioning Beijing to weld the bloc into a practical platform for development.
- Xi proposed establishing a BRICS AI Open Source Zone to promote cooperation on large language models and an open AI ecosystem, while China will 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 the exercise of 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 ensure equal participation for all countries in global affairs.
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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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