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    Home»World News»Brazil hosts BRICS summit; Russia’s Putin, China’s Xi skip Rio trip | International Trade News
    World News

    Brazil hosts BRICS summit; Russia’s Putin, China’s Xi skip Rio trip | International Trade News

    NigeriaNewzBy NigeriaNewzJuly 6, 2025No Comments3 Mins Read
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    Leaders anticipated to decry US President Donald Trump’s commerce tariffs whereas presenting the bloc as a defender of multilateralism.

    Leaders of the rising BRICS group are gathering in Brazil for a summit overshadowed by United States President Donald Trump’s new tariff insurance policies whereas presenting the bloc as a defender of multilateralism.

    The leaders, primarily from the creating world, can be discussing methods to extend cooperation amid what they are saying are critical considerations over Western dominance at their two-day summit that begins in Rio de Janeiro on Sunday.

    The BRICS acronym is derived from the preliminary letters of the founding member international locations: Brazil, Russia, India, China and South Africa. The bloc, which held its first summit in 2009, later added Egypt, Ethiopia, Indonesia, Iran, Saudi Arabia and the United Arab Emirates as full members. It additionally has 10 strategic accomplice international locations, a class created final yr, that features Belarus, Cuba and Vietnam.

    However for the primary time since taking energy in 2012, Chinese language President Xi Jinping is not going to be attending in particular person, as an alternative sending Prime Minister Li Qiang.

    Russian President Vladimir Putin can even miss in-person attendance as he is wanted by the Worldwide Legal Court docket (ICC) for his function within the 2022 invasion of Ukraine. Brazil, as a signatory to the Rome Statute, could be required to implement the arrest warrant.

    The notable absences are elevating questions over the group’s cohesion and international clout.

    Now chaired by Brazil, leaders on the BRICS summit are anticipated to decry the Trump administration’s “indiscriminate” commerce tariffs, saying they’re unlawful and danger hurting the worldwide financial system. International well being insurance policies, synthetic intelligence and local weather change can even be on the agenda.

    The BRICS international locations say they symbolize nearly half of the world’s inhabitants, 36 % of worldwide land space, and 1 / 4 of the worldwide financial output. The bloc sees itself as a discussion board for cooperation between international locations of the International South and a counterweight to the Group of Seven (G7), comprised of main Western financial powers.

    Nonetheless, behind the scenes, divisions are evident. Based on a supply quoted by The Related Press information company, some member states are calling for a firmer stance on Israel’s war in Gaza and its current strikes on Iran. The supply requested anonymity as a result of sensitivity of the discussions. Iranian President Masoud Pezeshkian and Egypt’s Abdel Fattah el-Sisi can be attending the Rio summit.

    However Al Jazeera’s Lucia Newman, reporting from Rio, stated the group’s intention stays clear.

    “The BRICS purpose is to exert stress for a multipolar world with inclusive international governance to provide a significant voice to the International South, particularly within the buying and selling system,” she stated.

    “It’s not tremendous organised, nor does it have a radical international influence,” Newman added. “The actual query is, can an expanded BRICS whose members have very completely different political methods and priorities type a sufficiently unified bloc to have any important influence?”



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