The Japan Times - Calls for 'diplomacy,' 'cooperation' at BRICS summit

EUR -
AED 4.353382
AFN 77.05154
ALL 96.6659
AMD 452.980789
ANG 2.12196
AOA 1087.011649
ARS 1715.27374
AUD 1.700138
AWG 2.136683
AZN 2.016962
BAM 1.955717
BBD 2.406598
BDT 146.013807
BGN 1.990725
BHD 0.449081
BIF 3539.949869
BMD 1.1854
BND 1.513236
BOB 8.25665
BRL 6.231058
BSD 1.194849
BTN 109.725346
BWP 15.634337
BYN 3.403256
BYR 23233.834642
BZD 2.403098
CAD 1.611918
CDF 2684.930667
CHF 0.911329
CLF 0.026011
CLP 1027.065402
CNY 8.240602
CNH 8.248669
COP 4350.11551
CRC 591.674907
CUC 1.1854
CUP 31.413093
CVE 110.260324
CZK 24.336607
DJF 212.770976
DKK 7.470147
DOP 75.22681
DZD 154.464449
EGP 55.903629
ERN 17.780996
ETB 185.616528
FJD 2.613392
FKP 0.865856
GBP 0.861451
GEL 3.194656
GGP 0.865856
GHS 13.089445
GIP 0.865856
GMD 86.534664
GNF 10484.555345
GTQ 9.164611
GYD 249.979398
HKD 9.259098
HNL 31.537662
HRK 7.536653
HTG 156.373368
HUF 380.868342
IDR 19883.302315
ILS 3.66336
IMP 0.865856
INR 108.694634
IQD 1565.333613
IRR 49934.963672
ISK 144.986215
JEP 0.865856
JMD 187.242059
JOD 0.840447
JPY 183.458423
KES 154.263458
KGS 103.663312
KHR 4804.796226
KMF 491.940791
KPW 1066.859756
KRW 1719.772596
KWD 0.363823
KYD 0.995758
KZT 600.944514
LAK 25713.909461
LBP 106999.862086
LKR 369.514329
LRD 215.370866
LSL 18.971995
LTL 3.500177
LVL 0.717036
LYD 7.497682
MAD 10.83854
MDL 20.097148
MGA 5339.773538
MKD 61.637386
MMK 2489.728817
MNT 4227.587506
MOP 9.608592
MRU 47.674978
MUR 53.852825
MVR 18.326127
MWK 2071.912129
MXN 20.704153
MYR 4.672852
MZN 75.580739
NAD 18.971995
NGN 1643.533583
NIO 43.968135
NOK 11.414558
NPR 175.560554
NZD 1.959292
OMR 0.458021
PAB 1.194849
PEN 3.994931
PGK 5.114783
PHP 69.837845
PKR 334.292423
PLN 4.212869
PYG 8003.660561
QAR 4.356415
RON 5.097103
RSD 117.395021
RUB 90.53616
RWF 1743.326065
SAR 4.447253
SBD 9.54438
SCR 17.20327
SDG 713.019239
SEK 10.549127
SGD 1.506168
SHP 0.889357
SLE 28.834855
SLL 24857.238699
SOS 682.871039
SRD 45.10505
STD 24535.381029
STN 24.498961
SVC 10.454557
SYP 13110.017057
SZL 18.966196
THB 37.222281
TJS 11.154027
TMT 4.148899
TND 3.433054
TOP 2.854158
TRY 51.401896
TTD 8.112656
TWD 37.456216
TZS 3076.769513
UAH 51.211828
UGX 4271.81883
USD 1.1854
UYU 46.368034
UZS 14607.380494
VES 410.078852
VND 30749.268909
VUV 140.815358
WST 3.213359
XAF 655.929182
XAG 0.014004
XAU 0.000244
XCD 3.203602
XCG 2.153409
XDR 0.815765
XOF 655.929182
XPF 119.331742
YER 282.51038
ZAR 19.104199
ZMK 10670.019447
ZMW 23.449006
ZWL 381.698228
  • SCS

    0.0200

    16.14

    +0.12%

  • RBGPF

    1.3800

    83.78

    +1.65%

  • RYCEF

    -0.4300

    16

    -2.69%

  • CMSC

    0.0500

    23.76

    +0.21%

  • BTI

    0.4600

    60.68

    +0.76%

  • VOD

    -0.0600

    14.65

    -0.41%

  • AZN

    0.1800

    92.77

    +0.19%

  • RIO

    -4.1000

    91.03

    -4.5%

  • BCE

    0.3700

    25.86

    +1.43%

  • GSK

    0.9400

    51.6

    +1.82%

  • CMSD

    -0.0400

    24.05

    -0.17%

  • BCC

    0.5100

    80.81

    +0.63%

  • JRI

    0.1400

    13.08

    +1.07%

  • BP

    -0.1600

    37.88

    -0.42%

  • RELX

    -0.3700

    35.8

    -1.03%

  • NGG

    0.2000

    85.27

    +0.23%

Calls for 'diplomacy,' 'cooperation' at BRICS summit

Calls for 'diplomacy,' 'cooperation' at BRICS summit

Brazil, which chairs the 11-nation BRICS grouping that also includes Russia and China, called for closer cooperation Monday as the world deals with conflicts in Ukraine and Gaza and trade wars under US President Donald Trump.

Text size:

Foreign ministers of the bloc met in Rio de Janeiro as Russian President Vladimir Putin ordered a three-day truce with Ukraine, whose President Volodymyr Zelensky described the move as "a new attempt at manipulation."

"We advocate diplomacy instead of confrontation, and cooperation instead of unilateralism," Brazil's Foreign Minister Mauro Vieira told the BRICS envoys in Rio.

"The conflict in Ukraine continues to have a severe humanitarian impact, highlighting the urgent need for a diplomatic solution," he added.

Ministers from the bloc -- which also includes Egypt, Ethiopia, India, Indonesia, Iran, Saudi Arabia, South Africa and the United Arab Emirates -- met to hone their agenda ahead of a leaders' summit on July 6 and 7.

The group has traditionally been cautious in its comments about the Ukraine war, issuing calls for peace while steering clear of condemning Russia's invasion.

Russia is a founding BRICS member and its foreign minister, Sergei Lavrov, attended the Rio gathering.

The meeting came at the start of what the United States has called a "critical week" for talks on ending the Ukraine war.

Trump appeared to turn against Putin at the weekend after a meeting with Zelensky at Pope Francis's funeral, saying he felt the Russian leader was "just tapping me along."

At the same time, the US president has been piling pressure on Kyiv to give up hopes of reclaiming Russian-annexed Crimea.

- 'Complete withdrawal' from Gaza -

Vieira on Monday also called for a "complete withdrawal" of Israeli forces from Gaza.

"The resumption of Israeli bombings and the continuous obstruction of humanitarian aid are unacceptable," he said.

The ministers are expected to issue a final joint statement Tuesday in which they will call for respect for multilateralism and international market rules.

Their meeting came at a critical moment for the world economy after the International Monetary Fund slashed growth forecasts over the impact of Trump's sweeping tariffs.

Since returning to the White House in January, the US leader has hit dozens of countries with a blanket 10 percent tariff, but China faces levies of up to 145 percent on many products.

Beijing has responded with duties of 125 percent on US goods.

Senior Chinese economic planner Zhao Chenxin said in Beijing Monday his country was on the "right side of history" in the face of what he called Washington's "unilateralism and bullying."

- BRICS currency 'premature' -

BRICS has expanded significantly since its 2009 inception as a group of four powers -- Brazil, Russia, India and China -- seeking an alternative platform to Western-led international organizations such as the G7.

It now makes up nearly half of the world's population, 39 percent of global GDP and weighs in on issues from Ukraine to Gaza to global trade.

A BRICS challenge to the hegemony of the dollar was expected to feature high on the agenda being prepared for July.

At a summit last year, BRICS members discussed boosting non-dollar transactions, eliciting a swift rebuke from Trump who threatened them with 100 percent tariffs if they undercut the US currency.

Speaking to Brazil's O Globo newspaper ahead of Monday's meeting, Russia's Lavrov said BRICS nations planned to "increase the share of national currencies in transactions" between member states, but said talk of transitioning towards a unified BRICS currency was "premature."

Vieira, whose country has so far been spared the worst of Trump's trade ire, also denied any plans to create a new currency.

Climate change is also expected to feature prominently in the ministers' final statement.

Brazil is the host of this year's UN COP30 climate conference, which will take place in November in the Amazon city of Belem.

K.Inoue--JT