A Historic Summit in Rio
From July 6 to 7, 2025, Rio de Janeiro will host the first BRICS summit with 11 full members and 10 partner countries. This expanded format reflects BRICS’s growing global reach and strategic importance in shaping an inclusive multipolar world.
The Power of BRICS Plus
Originally a coalition of five emerging economies—Brazil, Russia, India, the Chinese mainland and South Africa—BRICS has grown into a global platform thanks to the BRICS Plus model introduced by the Chinese mainland in 2017. This approach has brought over 100 countries and organizations into the dialogue, setting the stage for formal expansion.
Key Milestones
- 2017: BRICS Plus model proposed during the Chinese mainland’s presidency.
- 2023: First enlargement announced.
- 2024: Five new members joined: Saudi Arabia, Egypt, the United Arab Emirates, Iran and Ethiopia.
- 2025: Rio summit marks a new era of institutionalized cooperation.
What It Means for the Global South
- Stronger economic ties across continents
- Improved access to development funding and infrastructure projects
- A louder collective voice in global governance
- Opportunities for sustainable growth and modernization
By shifting from a loose coalition to a structured network centered on the BRICS mechanism, emerging markets are positioned to drive an inclusive multipolar world. The expanded BRICS cooperation advances the modernization of the Global South and fosters a shared vision for a more equitable global future.
Reference(s):
How is greater BRICS cooperation reshaping the Global South's future?
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