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Economy and Finance

Coordinated by Brasil’s ministries of Development, Industry, Trade, and Services (MDIC) and Foreign Affairs (MRE), the Contact Group on Economic and Trade Issues (CGETI) began discussions on priority themes for the member countries of the economic bloc

Dedicated to BRICS foreign trade, the new web page enhances transparency and access to strategic information about the commercial relations of the group, which plays a fundamental role in global trade.

Themes such as trade facilitation and climate change financing are in the proposed agenda. Brazilian Ambassador Tatiana Rosito highlighted the group's relevance to multilateralism. Rio will host the BRICS Finance and Central Banks meeting in July.

BRICS is responsible for 24% of the world's commercial exchanges and represents 39% of global Gross Domestic Product (GDP). International relations experts underscore that the group's economic power has contributed to its political relevance as a collaboration and cooperation forum that strengthens a multipolar and less unequal world.

In an exclusive interview, Ambassador Tatiana Rosito clarifies the main items of the BRICS economic and financial agenda and highlights the importance of the moment in which Brasil assumes the group’s presidency

Event organized by Brasil’s Ministry of Finance took place in the capital of Rio de Janeiro this week. Promoting financing and new tools to tackle climate change are among the priorities outlined.