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Experts have confirmed that the UAE's participation in the BRICS forum contributes to strengthening the organization's role in establishing economic and financial partnerships at the global level. The report explained that "BRICS" enhances the prospects for cooperation between the UAE and India, especially in the fields of economy and finance. Meanwhile, Nepal estimates the cost of reconstruction after the floods at approximately $4.78 billion. The region has also experienced increased security tension following a new attack on a ship in the Strait of Hormuz, while global markets are overlooking the risks of inflation and taxes.
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