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The two BRICS members also signed a $1.3 billion sale of 22 Brazilian Embraer jets to China's Tianjin Airlines.
The $100 billion BRICS Bank will base its only regional center in Johannesburg, South Africa.
Nato has said it will increase military presence in Eastern Europe to counter alleged Russian aggression.
Public healthcare systems in countries like India, China, South Africa and Brazil, are struggling.
China is Brazil's top trade partner and the biggest source of foreign investment in the country.
Speculation in energy markets comes ahead of an OPEC meeting, which experts say will be critical in determining which way prices go.
A news report claims a company based in the Cayman Islands, has influenced team selection since signing a contract with the CBF in 2006.
On Friday and Saturday, Boko Haram also attacked villages on the outskirts of Maiduguri, the capital of Borno state.
Landlocked-Mongolia is of growing strategic interest to both Russia-China and the US.
Chinese Premier Li Keqiang left Beijing on Sunday morning for official visits to Brazil, Colombia, Peru and Chile.
