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The BRICS Taxation Cooperation Memorandum, signed at the fifth meeting of BRICS Heads of Tax Authorities, is the bloc’s first document that elevates taxation cooperation to the institutional level.

The authorities also agreed to cooperate on taxation information exchange, improve consultation procedures efficiency, boost taxation capacities and plan paths for coordination of taxation policies and tax collection.

Donald Trump’s administration has urged other members of the Nuclear Suppiers Group to support India’s membership bid to the elite grouping. The US Department of Defence and Department of State said in a report that the United States welcomed India’s application to join the NSG and it continues to re-affirm that India is ready for membership.

It also added that the US has called upon other NSG members to support India’s application.

The THAAD interceptors are meant to help guard the US against a missile attack from a country such as North Korea.

The four Arab nations boycotting Qatar have announced willngness to initiate a dialogue with the country, bringing the hope of some sort of resolution to the gulf crisis.President Morales declared the news on his official twitter account.The socialist leader published his comments following a meeting with his peers at a gathering in Argentina of the Mercosur, a sub-regional economic bloc.It gathered 50 youth representatives working as civil servants, scholars, entrepreneurs, artists and journalists from the BRICS countries.The five BRICS countries – Brazil, Russia, India, China and South Africa – first came up with the idea of establishing a dialogue mechanism for BRICS youth in 2014 during a meeting between BRICS leaders in South Africa.

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