The UAE has called for deeper coordination among BRICS economies to support sustainable economic growth, as Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs, represented the country at the first BRICS Finance Ministers and Central Bank Governors Meeting in Jaipur, India.
The meeting, held on August 12-13, 2026, during India's BRICS Presidency, brought together finance ministers and central bank governors from BRICS member countries alongside heads of regional financial and development organizations.
What was discussed
Delegates addressed the global economic outlook, cooperation on shared economic challenges, reform of global economic governance, public-private partnerships, infrastructure financing, tax and customs cooperation, and other financial matters of common interest.
Al Hussaini stressed the importance of stronger coordination and cooperation among BRICS countries to support sustainable economic growth and strengthen the resilience of emerging and developing economies.
"BRICS provides an important platform for advancing multilateral action and developing shared responses to global economic and financial challenges," Al Hussaini said.
He also pointed to the need for follow-through beyond the meeting itself. "The UAE believes it is essential to build on the outcomes of the technical working groups and ensure continuity of the initiatives launched under India's Presidency. This will help sustain the long-term impact of financial cooperation among BRICS countries and contribute to shaping a more balanced and inclusive global economic system," he said.
