Amid disruptions in global energy supplies, BRICS leaders called for maintaining a continuous flow of energy from various sources. Furthermore, they insist on strengthening the protection of critical energy infrastructure, including cross-border facilities.
The statement emphasizes the continued significance of fossil fuels in the global energy balance.
BRICS sharply criticized unilateral measures, including sanctions, tariffs, and non-tariff restrictions introduced by various states. Members of the bloc argue that such actions distort trade processes and contradict established rules of world trade.
This statement was perceived as being directed against the United States, which began increasing import duties under the administration of Donald Trump. It is also noted that few countries have utilized the dispute settlement mechanism of the World Trade Organization (WTO).
Furthermore, BRICS called for the restoration of the WTO's dispute settlement mechanism, as the US has blocked all appointments to this organization. Additionally, the bloc, which accounts for a quarter of global trade turnover, criticized the protectionism motivated by environmental issues practiced by the European Union.
