Brazil to host next BRICS summit in Rio de Janeiro in July– abcnews.go.com
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SAO PAULO — The Brazilian government announced Saturday that the next BRICS summit will take place in Rio de Janeiro on July 6-7.
Brazil will chair the bloc of developing economies through 2025 and said it will focus on promoting global governance reform and cooperation among Global South countries, according to a statement from the federal government.
BRICS was established in 2009 by Brazil, Russia, India, and China, with South Africa joining in 2010 as a counterbalance to the Group of Seven leading industrialized nations.
Last year, the bloc expanded by adding Iran, Egypt, Ethiopia, and the United Arab Emirates. Saudi Arabia has also been invited to join. Turkey, Azerbaijan, and Malaysia have formally applied for membership, and several other countries have expressed interest.
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