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Agreements signed include a deal that will see Brazilian company Embraer sell 60 E-190 jets to China.
BRICS will launch a new development Bank during the plenary session today.
Chinese President Xi Jinping met his South African counterpart Jacob Zuma on Monday.
The Chinese President’s support to Putin comes in the backdrop of the severe Western sanctions against Russia.
The Palestinian death toll crossed 160 on Sunday with no fatalities reported on the Israeli side.
A Kremlin aide said earlier this week that Shanghai has been chosen as the headquarters of the Bank.
Both the Bank and a $100 billion contingency reserve fund for the BRICS nations will be launched during the Brazil Summit on 15-16 July.
Held at the home of the late former PM Edward Heath, it traces the history of rapprochement with Beijing.
Prices of fresh fruits jumped 19.8 per cent year on year in June.
Beijing welcomed the “expanded connection between the markets of BRICS and South America”.
