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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JENNY CLEGG reports from a Chinese peace conference bringing together defence ministers, US think tanks and global South leaders, where speakers warned that the erosion of multilateralism risks regional hotspots exploding into wider war



