09:52 GMT +323 September 2019
Listen Live
    A staff worker walks past the national flags of Brazil, Russia, China, South Africa and India before a group photo during the BRICS Summit at the Xiamen International Conference and Exhibition Center in Xiamen, southeastern China's Fujian Province, China September 4, 2017

    BRICS Leaders at 10th Summit to Discuss US-China Trade War – Russian Minister

    © REUTERS / Wu Hong/Pool
    Business
    Get short URL
    0 0 0
    Subscribe

    MOSCOW (Sputnik) - The leaders of BRICS (Brazil, Russia, India, China, South Africa) during the association’s 10th summit will discuss the ongoing trade tensions between the United States and China, Russian Economic Development Minister Maxim Oreshkin said Thursday.

    The summit will take place on July 25-27 in the South African city of Johannesburg.

    "We are at a time when the United States and China almost every week announce new [restrictive] measures escalating the trade war. At this moment, the leaders’ discussion on trade issues is crucial to coordinate positions," Oreshkin said at the Valdai Discussion Club.

    According to the minister, the issue will also be raised during bilateral meetings between the BRICS leaders.

    BRICS is an association of five developing economies, Brazil, Russia, India, China, and South Africa, which comprise over one third of the world's population.

    Community standardsDiscussion
    Comment via FacebookComment via Sputnik