BRICS nations commit to refrain from protectionist measures

BRICS nations, including India, expressed commitment to refrain from taking any protectionist measures and improve policy coordination to enhance trade and investment. “They (BRICS trade ministers) reaffirmed their commitment to refrain from trade protectionist measures that are incompatible with WTO obligations, while respecting the special and differential treatment for developing countries,” said a joint communique on the eve of the sixth BRICS Summit.


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