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BRICS nations vow to stand up to unilateral protectionism

Pavel Golovkin/Pool via REUTERS

The BRICS nations of leading emerging economies warned on Thursday that trade tensions and policy uncertainty are undermining confidence in international commerce, investment and economic growth.

At an annual summit, China, Russia, India, Brazil and South Africa urged the world to keep markets open with fair and non-discriminatory trade rules in the face of rising protectionism.

The five countries represent about a third of global output.

14th November 2019


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