BRICS establishes partner-country category

Parliamentary representatives signed a protocol linked to the forum’s memorandum, strengthening exchanges among legislatures after enlargement.

A US$1 billion loan supported water supply and sanitation infrastructure in municipalities, addressing basic service gaps.

At their ninth annual meeting, governors discussed sustainable investment and the bank’s development priorities in its African host country.

A R5 billion agreement aimed to modernize South Africa’s freight rail system and improve logistics.

The leaders placed more representative global governance, sustainable development and cooperation among the expanded membership at the centre of the summit.

Leaders sought more meaningful representation for Africa, Asia and Latin America in international decisions, including UN Security Council reform.

The declaration welcomed local-currency settlements and a voluntary, non-binding payments initiative. It did not launch a common BRICS currency.

Leaders called for a feasibility study of cross-border settlement and depositary infrastructure. A study proposal was not an operational system.

Leaders encouraged the development bank to expand local-currency financing and mobilize resources for infrastructure and sustainability.

The declaration welcomed a Russian initiative for a grain exchange to support agricultural trade and food security. The exchange was a proposal.