1. The BRICS Trade Ministers reviewed the global economic situation and expressed concern at the slow pace of recovery, which continues to hinder trade and investment flows. They noted that the uncertainty regarding economic growth and policy responses in developed countries could lead to increased volatility in financial markets and further affect the international economy. They emphasized that updating international governance structures remains a necessity for better policy coordination and for the promotion of global economic prosperity.
Available at: http://brics6.itamaraty.gov.br/media2/press-releases/211-the-4th-meeting-of-the-brics-trade-ministers-joint-communique-fortaleza-14-july-2014