oct 11, 2038 - Brazil, Russia, India, China and South Africa
agreed to a unified trade agreement
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Brazil, Russia, India, China and South Africa - once termed the 'BRICS' emerging markets - have just agreed [sic] a unified trade agreement that will reduce tariffs and boost commerce between the different nations.
China is said to have brokered the deal. Xi Deng - China's International Trade Minister - described the agreement as "long overdue" and "another example of how the so-called 'emerging' economies have well and truly emerged".
The deal is said to cover a wide range of goods and exchanges from automobiles to foods and currency, with special provision made for the manufacture of android related technology. This has prompted speculation that Russia and China may start to cooperate in an attempt to break CyberLife's lead in that sector.
When asked, Xi Deng was evasive on the issue: "There are many opportunities for treaty members to work more closely together. Watch this space."
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