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Brics summit calls for new multilateral world

NATIONS attending the Brics summit in the Russian city of Kazan called today for deepening development of a multilateral world.

The summit’s final declaration included a call for the reform of the Bretton Woods institutions, including the IMF and the World Bank established after World War II.

The 36 nations taking part in the summit insisted that any new arrangements should take into account increased representation of developing countries.

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