Türkiye’s trade minister says talks in U.S. boost path toward $100B trade target
Türkiye’s Trade Minister Omer Bolat said Friday that discussions in Washington with U.S. officials have strengthened efforts to expand bilateral tr...
BRICS leaders meeting in Rio de Janeiro have condemned attacks on Iran, Gaza and Kashmir, while presenting the expanded bloc as a rising force for multilateralism in a world dominated by U.S.-led policies.
At the summit held at Rio's Museum of Modern Art on Sunday, Brazilian President Luiz Inacio Lula da Silva invoked the legacy of the Cold War’s Non-Aligned Movement, describing BRICS as its successor amid what he called renewed threats to global autonomy and diplomacy.
“BRICS is the heir to the Non-Aligned Movement,” Lula told assembled leaders. “With multilateralism under attack, our autonomy is in check once again.”
The group, which now includes 11 member states after adding Egypt, Ethiopia, Indonesia, Iran, Saudi Arabia and the UAE last year, collectively represents more than half the global population and 40% of world economic output. This is the first BRICS summit to include Indonesia as a full member.
While Chinese President Xi Jinping was absent—sending Premier Li Qiang in his place—and Russian President Vladimir Putin attended online due to an ICC arrest warrant, leaders from India, South Africa, and host nation Brazil were present. More than 30 additional nations have expressed interest in joining the bloc.
In a joint statement released Sunday, BRICS leaders condemned attacks on Iranian nuclear and civilian infrastructure and expressed “grave concern” over Israel’s operations in Gaza. They also denounced a “terrorist attack” in Indian-administered Kashmir.
On trade, the bloc issued a pointed warning that the “indiscriminate rising in tariffs” threatens global commerce—a veiled critique of U.S. President Donald Trump’s tariff-driven trade strategy. The statement also backed Ethiopia and Iran’s accession to the World Trade Organization and urged a revival of its dispute resolution mechanisms.
As BRICS positions itself as a voice for the Global South, Lula renewed calls to reform international bodies like the United Nations Security Council and the IMF to reflect “the new multipolar reality of the 21st century”.
Despite internal differences, BRICS said it's advancing new initiatives, including a Multilateral Guarantees mechanism via the New Development Bank aimed at lowering investment risk and boosting development finance.
On climate, Brazil has used the summit to amplify the Global South’s role in conservation. Officials said China and the UAE signalled support for Brazil’s proposed Tropical Forests Forever Facility, a fund targeting forest protection globally, in talks with Finance Minister Fernando Haddad.
The summit's tone and declarations suggest BRICS is broadening its global influence as a counterweight to traditional Western-dominated institutions, even as questions remain over the cohesion of its increasingly diverse membership.
Japan has lifted a tsunami advisory issued after an earthquake with a magnitude of 6.9 hit the country's northeastern region on Friday (12 December), the Japan Meteorological Agency (JMA) said. The JMA had earlier put the earthquake's preliminary magnitude at 6.7.
Iran is preparing to host a multilateral regional meeting next week in a bid to mediate between Afghanistan and Pakistan.
The United States issued new sanctions targeting Venezuela on Thursday, imposing curbs on three nephews of President Nicolas Maduro's wife, as well as six crude oil tankers and shipping companies linked to them, as Washington ramps up pressure on Caracas.
The resignation of Bulgaria's government on Thursday (11 December) puts an end to an increasingly unpopular coalition but is likely to usher in a period of prolonged political instability on the eve of the Black Sea nation's entry into the euro zone.
An extratropical cyclone has caused widespread disruption across Brazil’s São Paulo state, with powerful winds toppling trees and power lines, blocking streets and leaving large parts of the region without electricity.
Türkiye’s Trade Minister Omer Bolat said Friday that discussions in Washington with U.S. officials have strengthened efforts to expand bilateral trade, moving closer to a $100 billion target.
Lebanon is prepared to demarcate its border with Syria, President Joseph Aoun said on Friday, while noting that the dispute over the Shebaa Farms could be addressed at a later stage.
Greek farmers blocked the Port of Thessaloniki on Friday as part of nationwide protests demanding delayed European Union subsidies and compensation for rising production costs and livestock losses.
Türkiye’s President Recep Tayyip Erdoğan and Pakistani Prime Minister Shahbaz Sharif held talks on Friday during the International Peace and Trust Forum in Ashgabat, Turkmenistan, focusing on bilateral relations as well as regional and global issues
ussian President Vladimir Putin described Moscow’s relations with Baghdad as historically strong and unbroken during a meeting with Iraqi President Abdul Latif Rashid in Turkmenistan.
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