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More than 291 Palestinians have been killed since Israel began Operation Protective Edge to destroy homemade rocket sites.
One Indian Border Security Force soldier was dead while three of his colleagues and four civilians were wounded.
Agreements signed include a deal that will see Brazilian company Embraer sell 60 E-190 jets to China.
Ukrainian President Petro Poroshenko said that his forces had nothing to do with the downing of the plane.
Malaysian Airlines earlier Tweeted that air traffic controllers had "lost contact of MH17" over Ukrainian airspace.
The death toll in Israel's assault on Gaza has passed 216.
"We don't have the slightest interest in renouncing" the IMF, Rousseff told reporters in Brasilia.
Leaders of the BRICS met with South American leaders Wednesday at the 6th BRICS Summit in Brasília.
The UN also issued on Wednesday an urgent appeal to fund assistance and humanitarian aid to some 6.9 million in dire need.
Leaders have discussed possibilities of BRICS investment in infrastructure projects across Latin America.
