BRICS foreign ministers issue statement on global governance

The bank and Shanghai municipal government held a handover and move-in ceremony for the headquarters building.

The UAE deposited its accession instrument, becoming an effective member of the bank before it was invited to join the BRICS grouping in 2023.

Health and science authorities launched the BRICS Vaccine Research and Development Centre online. The initiative sought cooperation on vaccine research and more equitable access.

Presidents of five national science academies met at a forum on using data and scientific cooperation to support sustainable development.

The bank’s governors approved a plan to scale up infrastructure and sustainable-development finance and continue gradual membership expansion.

At its first meeting, the committee adopted rules and technical procedures for exchanging satellite-observation data under the 2021 agreement.

The virtual summit addressed global governance, public health, sustainable development and cooperation among the five member countries.

The Beijing Declaration called for affordable vaccines, diagnostics and medicines, local production capacity in developing countries and greater readiness for future health emergencies.

The declaration supported discussion of guiding principles, criteria and procedures for possible expansion through the Sherpas. It did not yet admit new BRICS members.

Leaders supported the African Union’s Agenda 2063 and Africa’s work toward the African Continental Free Trade Area.