PREVIOUS
✖
17th BRICS summit 2025
July 16 , 2025
15 hrs 0 min
58
0
- The 17th annual BRICS summit 2025 was the, held in Rio de Janeiro, Brazil.
- The Chinese president did not attend the summit for the first time since succeeding Hu Jintao as CCP General Secretary in 2012.
- Theme of the event was "the Strengthening Global South Cooperation for More Inclusive and Sustainable Governance."
- They signed the Rio de Janeiro Declaration.
- Indonesia officially joined BRICS in 2025.
- In 2024, Iran, the United Arab Emirates (UAE), Egypt, and Ethiopia joined the group.
- This summit introduced a new “partner countries” category, extending associate status to the nations including Belarus, Bolivia, Cuba, Kazakhstan, Malaysia, Thailand, Uganda, and Uzbekistan.
- Saudi Arabia has not yet formalised its BRICS membership, while Argentina, initially expected to join in 2024, later opted out.
- India will assume the BRICS Chairship and host the 18th BRICS Summit in 2026.
- The theme of the event will be ‘Building Resilience and Innovation for Cooperation and Sustainability’.
- BRICS accounts for 45% of the world’s population and 37.3% of global GDP, surpassing the EU’s 14.5% and the G7’s 29.3%.
- BRICS does not have a permanent seat or a dedicated secretariat.
- Despite accounting for more than 18% of global trade, intra-BRICS trade remains low at just 2.2% (2022).
Outcomes of the 17th BRICS Summit
- Global Governance Reform: BRICS backed expansion of the UN Security Council to include more permanent members from Asia, Africa, and Latin America.
- Sustainable Development: BRICS adopted the Leaders’ Framework Declaration on Climate Finance to mobilize resources for developing countries.
- Peace and Security: BRICS reaffirmed “African Solutions to African Problems”, called for a Gaza ceasefire and two-state solution, and condemned the Pahalgam attack.
- Financial Cooperation: BRICS had advanced talks on a Cross-Border Payments Initiative to reduce US dollar reliance.
- BRICS adopted the Leaders’ Statement on Global AI Governance, concluded the Data Economy Governance Understanding, and agreed to form a BRICS Space Council for collaborative space exploration.
- BRICS launched the Partnership for the Elimination of Socially Determined Diseases (Tuberculosis) to tackle health disparities.
Leave a Reply
Your Comment is awaiting moderation.