BRICS leaders oppose 'punitive, discriminatory' carbon border taxes
- Posted on September 12, 2026
- By Business News Today
- 1 Views
- 1 min read
In brief
BRICS nations have collectively rejected carbon border adjustment mechanisms, viewing them as protectionist and inequitable trade barriers. During their summit, member states emphasized the need for collaborative frameworks that don't penalize developing economies. The alliance is simultaneously strengthening intellectual property cooperation, advancing AI governance, and working to deepen intra-BRICS trade relationships while ensuring fair participation in global supply chains.
Summary auto-generated by AI from the original publisher's content. Editorial standards.
BRICS leaders oppose 'punitive, discriminatory' carbon border taxes
BRICS leaders opposed unilateral measures like carbon border adjustments. They agreed to expand cooperation on intellectual property rights and AI applications. Leaders also emphasized resilient and inclusive global value chains for trade. They will explore policy levers to enhance intra-BRICS trade and connectivity. BRICS members aim for equitable participation in global manufacturing segments.
