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Home News UAE Pushes for Enhanced BRICS Financial Cooperation

UAE Advocates for Enhanced BRICS Financial Collaboration

Aug 12, 2026
49 min
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Aug 12, 2026 08:31
UAE pushes for stronger BRICS financial cooperation at India meeting

## UAE's Call for Stronger BRICS Ties

During the BRICS Finance Ministers and Central Bank Governors Meeting in Jaipur, the UAE emphasized the need for increased financial cooperation among BRICS nations. The meeting, held under India's 2026 presidency, focused on infrastructure finance, capital markets, and global governance reforms.

## Representation for Emerging Economies

Mohamed bin Hadi Al Hussaini, UAE's Minister of State for Financial Affairs, highlighted the importance of fair representation for emerging economies in global financial institutions. He advocated for reforms to boost productivity, attract private capital, and deepen domestic markets.

## UAE's Initiatives

The UAE presented initiatives on public-private partnerships, sustainable infrastructure, and digital transformation. Discussions also included climate finance and private capital mobilization, aiming to enhance the resilience of emerging economies.

## New Development Bank's Role

The UAE participated in discussions about the New Development Bank's role in mobilizing private capital across BRICS countries. A workshop on resilient growth explored risk financing and infrastructure resilience to better handle economic risks.

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