BRICS leaders threaten 100% fees to meet Brazil as Trump Black declared ‘dead’

The current leader Brazil announced on Saturday that the leaders of the so -called BRICS will hold an summit in Rio de Janeiro in July.

Brazilian Foreign Minister Ma AU Row Viara said the summit will be held on the social media platform on July 6-7 and that leaders from 20 countries will have full or co-members.

Vayera stressed that this meeting will focus on “making the most important decisions for the development of these countries, cooperation, and improve the living conditions of all their people.”

The announcement came amid recent tensions that US President Donald Trump issued a warning to the BRICS countries, threatening to impose 100% fee for all imports for the US if it continues to launch a common currency. Just hours before a scheduled meeting with Indian Prime Minister Narendra Modi, Trump rejected the suit of the camp and announced that “BRICS is dead.”

‘They will come back and begging:’ Trump reiterates 100% of the fee threat to the BRICS countries

At a BRICS Summit in October in Russia, member states discussed the upliftment of non -dollar transactions and strengthening local currencies.

President Louis Inasio Lula Da Silva has said that under the post of Brazilian president, the BRICS camp will focus on strengthening cooperation with the developing countries of the so -called global South and reforming multi -regional corporations.

He said that the camp includes Brazil’s priorities to “cultivate” to promote trade and investment among member states.

Last month, Edwardo Saboya, the head of the Brazilian group of BRICS Group, was not sure that there was no definitive plan to replace the dollar, but also about the use of local coins in transactions.

The BRICS team has expanded significantly since its inception in 2009, and now includes countries like Iran, Egypt and the United Arab Emirates.

The BRICS alliance has a substantial minority in the world’s economic production.

Why is BRICS important to India

BRICS is basically an economic alliance, which is created to develop economic cooperation among the Western Sarah and developing countries.

Although some Western leaders and researchers consider Prix as a Russia and China -led Western anti -Western camp, this perspective is false. India, a member of the company, has a significant role in the decision of the committee. New members such as Egypt and the United Arab Emirates also maintain strong relations with the United States. Instead of “Western opposition,” BRICS is the “Western Sarah” platform designed to protect the economic interests of its members.

As far as India is concerned, the BRICS is a key part of its strategy for reforming global order, which is heavily dominated by the West after World War II. When India establishes itself as the leader of the Global South, BRICS acts as an important platform for the development of this goal.

BRICS also operates the economic gateway to India. Each member offers access to vast regions for trade: Iran connects India to Central Asia, Egypt to North Africa, and Ethiopia East and Central Africa.

With forums such as the G20, SEO and Pimstec, BRICS is part of India’s multifaceted engagement, which is important in protecting national interests. Unlike former US President Joe Bidan, who supported diversity, President Trump wants direct action and is ready to leave allies in difficult situations. This is still essential to protect the BRICS and other multi -faceted companies and promote negotiations with the US and the West.

With inputs of agencies