BRICS trade meet clears MSME credit framework
Brics trade ministers finalized their Economic Partnership 2030 strategy and adopted a joint declaration. They agreed on the Jaipur Consensus and Guiding Principles for MSME credit. This aims to close the trade finance gap and expand small business access. The declaration also supported a rules-based multilateral trading system led by the WTO. Ministers advanced market opening and economic diversification among member nations.