By Redaction ARPS Media with BRICS
On July 6, BRICS leaders signed a declaration to enhance cooperation among the Global South for inclusive governance.
Key Cooperation Areas: The focus is on strengthening political and security, economic and financial, and cultural connections.
Financial Reforms: Calls for increased quotas for emerging economies in the IMF and World Bank.
Health Equity: Launch of the Partnership for the Elimination of Socially Determined Diseases to address global health challenges.
AI Governance: Emphasis on collaborative governance of artificial intelligence from a Global South perspective.
Climate Change Initiatives: Support for the Tropical Forest Forever Fund and a five-year climate action plan.
International Peace and Security: Advocating multilateral solutions to global conflicts and avoiding links between security and development issues.
Key Documents Approved: Framework Declaration on Climate Finance, Declaration on AI Governance, and Partnership for Health Equity.
