BRICS remains a powerful force for economic cooperation and global good, Prime Minister Narendra Modi said on Sunday that several top leaders of the group member nations held talks of the summit for convergence in the Brazilian city of this sea.
Chinese President Xi Jinping and his Russian counterpart Vladimir Putin left the summit, hosted by Brazil by Brazil as the current chair of influential equality.
The BRICS has emerged as an impressive groups as it brings together 11 major emerging economies of the world, which is about 49.5 percent of the global population, about 40 percent of the global GDP and about 26 percent of the global trade.
BRICS, originally included Brazil, Russia, India, China and South Africa, expanded in 2024 with joining Indonesia in 2025 to include Egypt, Ethiopia, Iran and United Arab Emirates.
Modi arrived in Rio de Janeiro last night in the fourth phase of his five countries. He has already visited Ghana, Trinidad and Tobago and Argentina.
West Asia, Russia-Ukraine conflict and the challenges faced by the global South are likely to be prominently at the BRICS summit.
Modi said in a social media post after the Brazilian leader welcomed the summit at the summit, “Rio de Janeiro grate President Lula for hosting this year’s BRICS summit.
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BRICS’s Brazilian presidential ideal sentence is “strengthening global South cooperation for more inclusive and sustainable rule”.
The summit will end in two high-level announcements on climate change governance and the funding of the rule of artificial intelligence.
Increasing the use of national currencies in disposing of intra-Bricks trade can also be in discussion on the peak.
India will receive the chairmanship of BRICS next year.
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