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Brics+ Series: Brics Summit in Rio Sparks Political Shockwave
RIO DE JANEIRO, BRAZIL, JUL 14 – The Rio summit produced 126 commitments, including expanding BRICS membership and promoting financial sovereignty to reduce reliance on Western currencies, representing 41.4% of global GDP.
- Seventeenth annual summit brought together BRICS, with leaders meeting last week in Rio de Janeiro on July 6 and 7, marking a key step toward a multipolar global order.
- Emancipation from U.S. dollar hegemony drives the group, reflecting its long-held goal of ending the American-led unipolar world, with membership growing after Indonesia joined earlier this year.
- One key summit issue was dedollarization efforts, with last year, 90 percent of BRICS transactions used national money, underscoring summit focus on dedollarization.
- The summit yielded three major documents on climate finance, AI governance, and health, expanded BRICS to 20 countries by formalizing partner roles, and saw the NDB add Colombia and Uzbekistan.
- Brazil’s Lula da Silva said `it is up to BRICS to help bring it up to date`, while India’s Prime Minister Narendra Modi announced a refreshed vision for its 2026 chairmanship.
21 Articles
21 Articles
Africa: Highlights of the 17th Brics Summit in Rio
A few days ago, Ethiopia took part in the 17th BRICS Summit of Rio de Janeiro, Brazil, where it was represented by Prime Minister Abiy Ahmed (PhD) and a delegation of high government officials, including the foreign minister and the government communications minister. The Summit was opened on Sunday, July 6, 2025, under the theme "Strengthening Global South Cooperation for More Inclusive and Sustainable Governance" and ended on the 7th July.
OffGuardian
What did BRICS just declare?
On July 6, BRICS member states signed the Joint Declaration of the 17th BRICS Summit, “Strengthening Global South Cooperation for More Inclusive and Sustainable Governance”, in Rio de Janeiro. Similar to the game-changing Kazan Declaration, this year’s BRICS declaration serves as a manifesto for the Multipolar World Order. Containing 126 commitments, the document reads like a Bill …
The Yellow BRICS Road
Foreign Affairs The Yellow BRICS Road China, Russia, and other non-Western countries are building a viable alternative to the U.S.-led world order. (Oleg Elkov/Shutterstock) Leading officials of the BRICS nations met last week for the 17th annual summit in Rio de Janeiro, Brazil. As American hegemony continues to strain and the U.S.-led unipolar world shows signs of stress and fractures, BRICS, the leading alternative to international governanc…
BRICS 2025: Why the West Should Be Terrified at What Just Happened in Rio
from 21st Century Wire: A few days ago, the city of Rio de Janeiro hosted the 17th BRICS summit, marking a significant step forward for the organization amid the accelerating transformation of the global political and economic landscape. Represented by Foreign Minister Sergey Lavrov, Russia played an active role in the summit’s proceedings, while President […]
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