Brazil to Host BRICS Summit 2025 in Rio de Janeiro on July 6-7
RIYADH, February 14, 2025 (SAUDI ARABIA BREAKING NEWS) – The Brazilian government has announced that the next BRICS summit will take place in Rio de Janeiro on July 6-7, 2025, as Brazil assumes the bloc’s chairmanship for the year. The South American nation has pledged to focus on global governance reform and enhanced cooperation among Global South nations.
Expansion and Membership Developments
Established in 2009 by Brazil, Russia, India, and China, with South Africa joining in 2010, BRICS has positioned itself as a counterbalance to the Group of Seven (G7) leading industrialized nations. The bloc expanded last year, welcoming Iran, Egypt, Ethiopia, and the United Arab Emirates, while Saudi Arabia has also been invited to join.
In recent developments, Indonesia was confirmed as the 11th member, while Nigeria was granted "partner country" status, a designation introduced at the 2024 summit in Kazan. Other nations, including Turkey, Azerbaijan, and Malaysia, have formally applied for membership, while several others have expressed interest in joining the economic alliance.
Brazil has stated that partner countries will be invited to attend the 2025 summit and may participate in other key discussions if a consensus among members is reached.
Economic and Political Implications
The summit comes amid rising global economic tensions, with U.S. President Donald Trump repeatedly warning of potential 100% tariffs on BRICS nations should they undermine the U.S. dollar. BRICS leaders, however, have continued to emphasize their commitment to establishing an alternative payment system independent of the dollar, a move that could reshape the global financial landscape.
Brazil’s Foreign Minister Mauro Vieira highlighted the summit’s importance, stating:"We will make crucial decisions for development, cooperation, and improving the lives of all the inhabitants of these countries."
With Saudi Arabia's possible inclusion, the 2025 BRICS summit in Rio is expected to be a defining moment for the bloc's expansion and strategic direction, as it seeks to strengthen economic alliances and promote a multipolar world order.