BRICS Document Calls for Reform of Global Economic Governance Institutions
A document cited by Russian state news agency TASS states that reforming global economic governance remains a consistent priority for the BRICS bloc.
Reforming institutions of global economic governance remains a consistent priority for BRICS, according to a document reported on by Russian state news agency TASS.
"Reform of global economic governance remains a consistent BRICS priority," the document reads, as quoted by TASS.
TASS did not provide further details in the excerpt regarding the specific institutions targeted for reform, the timeline for proposed changes, or which BRICS member states contributed to the document.
BRICS, a grouping that has traditionally included Brazil, Russia, India, China and South Africa, has in recent years positioned itself as an advocate for changes to international financial and economic institutions, which member states have argued do not adequately reflect the current global economic landscape.
Further details on the specific proposals contained in the document, including any measures related to institutions such as the International Monetary Fund or World Bank, were not immediately available.
Sources
EGazette summarizes reporting from multiple sources; follow the links for the originals.
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