BRICS leaders stress need for cooperation on trade, stability, and reforming global institutions.

Chinese President Xi Jinping and India's External Affairs Minister S. Jaishankar emphasized the need for BRICS nations to uphold multilateralism and fair trade practices during a virtual summit. Xi called for cooperation to defend international justice and stability, while Jaishankar highlighted concerns over global economic volatility and the need for resilient supply chains and UN reforms. Both leaders stressed the importance of addressing trade deficits and conflicts affecting global markets.