The Prague Post - Calls for 'diplomacy,' 'cooperation' at BRICS summit

EUR -
AED 4.183867
AFN 80.589327
ALL 98.806913
AMD 442.668672
ANG 2.052957
AOA 1045.106413
ARS 1341.868553
AUD 1.774852
AWG 2.053196
AZN 1.935584
BAM 1.954397
BBD 2.290106
BDT 137.811086
BGN 1.954324
BHD 0.429305
BIF 3373.260382
BMD 1.139082
BND 1.490278
BOB 7.854363
BRL 6.438779
BSD 1.134261
BTN 96.396849
BWP 15.548499
BYN 3.711871
BYR 22326.015469
BZD 2.278315
CAD 1.575784
CDF 3279.418773
CHF 0.939686
CLF 0.028021
CLP 1075.281736
CNY 8.309624
CNH 8.280713
COP 4803.510573
CRC 573.468254
CUC 1.139082
CUP 30.185684
CVE 110.182531
CZK 24.912896
DJF 201.980595
DKK 7.464181
DOP 66.839679
DZD 150.840696
EGP 57.947972
ERN 17.086236
ETB 151.822298
FJD 2.567891
FKP 0.850503
GBP 0.849374
GEL 3.121147
GGP 0.850503
GHS 16.446196
GIP 0.850503
GMD 80.874798
GNF 9823.604128
GTQ 8.735462
GYD 237.299678
HKD 8.837884
HNL 29.403863
HRK 7.53651
HTG 148.408268
HUF 403.825795
IDR 19091.477024
ILS 4.129741
IMP 0.850503
INR 97.035527
IQD 1485.833541
IRR 47969.603354
ISK 146.098922
JEP 0.850503
JMD 179.677093
JOD 0.807836
JPY 162.421996
KES 147.225833
KGS 99.613062
KHR 4540.581544
KMF 492.653588
KPW 1025.290097
KRW 1633.267688
KWD 0.349004
KYD 0.945321
KZT 581.692489
LAK 24532.960681
LBP 101626.872796
LKR 339.700215
LRD 226.840215
LSL 21.176729
LTL 3.363414
LVL 0.68902
LYD 6.20541
MAD 10.516852
MDL 19.429713
MGA 5044.26876
MKD 61.539988
MMK 2391.828369
MNT 4069.236445
MOP 9.061896
MRU 44.891203
MUR 51.491073
MVR 17.553091
MWK 1966.345496
MXN 22.346408
MYR 4.92766
MZN 72.901182
NAD 21.176729
NGN 1824.844219
NIO 41.738576
NOK 11.811567
NPR 154.233882
NZD 1.909148
OMR 0.438555
PAB 1.134286
PEN 4.162512
PGK 4.696464
PHP 63.985106
PKR 318.716845
PLN 4.264553
PYG 9082.281845
QAR 4.134206
RON 4.977337
RSD 117.125933
RUB 93.004425
RWF 1600.016469
SAR 4.272878
SBD 9.51625
SCR 16.690211
SDG 684.014976
SEK 10.930519
SGD 1.49033
SHP 0.89514
SLE 25.856233
SLL 23885.970349
SOS 648.220512
SRD 41.9748
STD 23576.706335
SVC 9.924876
SYP 14810.305334
SZL 21.17034
THB 38.012334
TJS 11.965944
TMT 3.986788
TND 3.382768
TOP 2.667846
TRY 43.792933
TTD 7.698339
TWD 36.774159
TZS 3069.827077
UAH 47.284424
UGX 4160.014144
USD 1.139082
UYU 47.754257
UZS 14696.4516
VES 98.584064
VND 29621.838381
VUV 138.178658
WST 3.155363
XAF 655.472148
XAG 0.034256
XAU 0.000344
XCD 3.078427
XDR 0.815197
XOF 655.472148
XPF 119.331742
YER 279.193148
ZAR 21.160164
ZMK 10253.107889
ZMW 31.673571
ZWL 366.784075
  • RBGPF

    60.8800

    60.88

    +100%

  • CMSC

    -0.0100

    22.32

    -0.04%

  • GSK

    0.6300

    38.06

    +1.66%

  • BTI

    0.3400

    42.39

    +0.8%

  • JRI

    0.0600

    12.8

    +0.47%

  • BCC

    -0.1800

    95.33

    -0.19%

  • CMSD

    0.0200

    22.48

    +0.09%

  • SCS

    -0.0300

    9.86

    -0.3%

  • NGG

    0.8100

    72.85

    +1.11%

  • RIO

    0.3100

    60.87

    +0.51%

  • AZN

    0.3600

    69.93

    +0.51%

  • BCE

    0.1600

    21.81

    +0.73%

  • RYCEF

    -0.0600

    10.12

    -0.59%

  • BP

    -0.0600

    29.13

    -0.21%

  • RELX

    -0.1900

    53.36

    -0.36%

  • VOD

    0.2200

    9.57

    +2.3%

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.

Z.Pavlik--TPP