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    <description>Adoption of the Sanya Declaration and an Action Plan directs BRICS cooperation across security, finance, trade and sustainable development; designated banks commit to a framework agreement to provide credit in local currencies and cooperate in capital markets and financial services. Members agree to intensify consultations as concurrent United Nations Security Council members, pursue reform of institutions of global governance for greater representativeness, and uphold a rule-based international order respecting sovereignty and territorial integrity.</description>
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