1 MONGOLIA’S CLIMATE TRANSITION: EMPOWERING CITIZENS FOR A JUST AND SUSTAINABLE FUTURE WWW.DEVDISCOURSE.COM PUBLISHED:2025/07/31      2 MONGOLIA RENEWABLE ENERGY TARGET: POWERFUL 2030 VISION WWW.PVKNOWHOW.COM  PUBLISHED:2025/07/31      3 MINISTER FOR FOREIGN AFFAIRS OF MONGOLIA BATMUNKH BATTSETSEG TO VISIT FINLAND WWW.VALTIONEUVOSTO.FI  PUBLISHED:2025/07/31      4 MIAT’S NEW “IRVES” AIRCRAFT ARRIVES IN MONGOLIA AFTER COVERING 12,265 KM WWW.MONTSAME.MN PUBLISHED:2025/07/31      5 5TH CHINA-MONGOLIA EXPO TO BOOST REGIONAL COOPERATION WWW.XINHUANET.COM PUBLISHED:2025/07/31      6 FIVE AIMAGS CLASSIFIED AS HIGH-RISK FOR DROUGHT WWW.MONTSAME.MN PUBLISHED:2025/07/31      7 SEACEN FORUM FOCUSES ON FUTURE-READY CENTRAL BANK WORKFORCE WWW.UBPOST.MN PUBLISHED:2025/07/31      8 39 MONGOLIAN STUDENTS TO STUDY IN GERMANY UNDER “PRESIDENT'S SCHOLAR - 2100” PROGRAM WWW.MONTSAME.MN PUBLISHED:2025/07/30      9 MONGOLIAN FLAG CARRIER TO START NON-STOP FLIGHTS BETWEEN SINGAPORE AND ULAANBAATAR FROM NOV 4 WWW.STRAITSTIMES.COM PUBLISHED:2025/07/30      10 WHEN CHINA SNEEZES, MONGOLIA CATCHES A COLD WWW.INTELLINEWS.COM PUBLISHED:2025/07/30      ЭРДЭМТДИЙН ЗӨВЛӨЛИЙН ШИЙДВЭРЭЭР ИРЭХ ӨВӨЛ ХАГАС КОКС БУЮУ ХӨХ НҮҮРСЭЭР ХИЙСЭН ШАХМАЛ ТҮЛШ ХЭРЭГЛЭНЭ WWW.ITOIM.MN НИЙТЭЛСЭН:2025/07/31     ЗАСГИЙН ГАЗАР: УЛААНБААТАР ХОТЫН ДУЛААН ХАНГАМЖИД СХЕМИЙН ӨӨРЧЛӨЛТ ХИЙНЭ WWW.ITOIM.MN НИЙТЭЛСЭН:2025/07/31     "АЛТ 3" АЯН ГАЦААНД ОРОВ WWW.ITOIM.MN НИЙТЭЛСЭН:2025/07/31     ДЦСV-ЫГ БАРИХ КОМПАНИ ИРЭХ САРЫН 6-НД ТОДОРНО WWW.NEWS.MN НИЙТЭЛСЭН:2025/07/31     МИАТ КОМПАНИ КАНАД УЛСЫН BOMBARDIER ҮЙЛДВЭРИЙН CRJ-700 ШИНЭ АГААРЫН ХӨЛӨГ ОНГОЦОО ХҮЛЭЭН АВЛАА WWW.EGUUR.MN НИЙТЭЛСЭН:2025/07/31     BNE INTELLINEWS: БНХАУ НАЙТААХ ҮЕД МОНГОЛ ХАНИАД ХҮРДЭГ WWW.EGUUR.MN НИЙТЭЛСЭН:2025/07/31     "БӨӨРӨЛЖҮҮТИЙН ЦС"-ЫН II БЛОКИЙГ 12-Р САРД АШИГЛАЛТАД ОРУУЛНА WWW.EGUUR.MN НИЙТЭЛСЭН:2025/07/31     ГАНГИЙН ЭРСДЛИЙН ҮНЭЛГЭЭГЭЭР ТАВАН АЙМАГ ЭРСДЭЛ ИХТЭЙ ГАРЧЭЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/07/30     МОНГОЛЫН КОКСЖИХ НҮҮРСНИЙ ҮНЭ ХЯТАДЫН БООМТУУДАД ДАХИН ӨСЛӨӨ WWW.ITOIM.MN НИЙТЭЛСЭН:2025/07/30     НИЙСЛЭЛД ХЭРЭГЖҮҮЛЖ БУЙ МЕГА ТӨСЛҮҮДЭД ХАМТРАН АЖИЛЛАХААР САНАЛ СОЛИЛЦЛОО WWW.ITOIM.MN НИЙТЭЛСЭН:2025/07/30    

Brics back 'open world economy' that benefits all nations www.bbc.com

The leaders of the Brics emerging economies have signed a declaration stressing the importance of an "open world economy", in which all countries benefit from globalisation.

Brazil, Russia, India, China and South Africa also backed an "open and inclusive" multilateral trading system under World Trade Organization rules.

But they said the multilateral trading system faced unprecedented challenges.

Their comments come amid mounting trade tensions sparked by US tariffs.

The leaders have been meeting at the 10th Brics summit in Johannesburg.

"We reaffirm the centrality of the rules-based, transparent, non-discriminatory, open and inclusive multilateral trading system, as embodied in the World Trade Organization, that promotes a predictable trade environment and the centrality of the WTO," the declaration signed by the five leaders said.

However, they added: "We recognise that the multilateral trading system is facing unprecedented challenges.

"We underscore the importance of an open world economy, enabling all countries and peoples to share the benefits of globalisation, which should be inclusive and support sustainable development and prosperity of all countries.

"We call on all WTO members to abide by WTO rules and honour their commitments in the multilateral trading system."
'Reject protectionism'

The Brics summit is the first since US President Donald Trump placed tariffs on billions of dollars' worth of goods from around the world, in particular China.

He has promised further levies on $200bn (£150bn) worth of Chinese products in September.

Mr Trump also wants to cut the trade deficit with China - a country he has accused of unfair trade practices since before he became president.

Mr Trump made a big point on the campaign trail about cutting the country's trade deficits.

He is convinced that they hurt US manufacturing, and has said repeatedly while campaigning and on Twitter that the US must do more to tackle them.

Speaking in Johannesburg on Thursday, Chinese President Xi Jinping said: "We must work together... to safeguard the rule-based multilateral trading regime, promote trade and investment, globalisation and facilitation, and reject protectionism outright."

On Wednesday, he said there would be no winner in a global trade war.



Published Date:2018-07-27