17ᵗʰ BRICS Summit

July 8, 2025

Current Context: PM Modi attended the 17ᵗʰ BRICS Summit in Rio de Janeiro, Brazil (6–7 July)

Key Highlights:

Global Governance Reform: PM Modi called for urgent reforms of UN Security Council, IMF, World Bank, and WTO to reflect contemporary challenges and amplify the voice of the Global South.
Peace & Security: India condemned terrorism, specifically referencing the Pahalgam attack (April 2025), and emphasized zero tolerance, no exceptions; also promoted dialogue and diplomacy amid global conflicts.
Multilateralism & AI: Advocated for:
1. Demand-driven funding by New Development Bank.
2. Creation of a Science & Research repository for Global South.
3. Strengthened critical mineral supply chains.
4. Responsible AI governance balanced with innovation — “AI for All” ethos.
Outcome: Adoption of the “Rio de Janeiro Declaration”, reaffirming commitment to inclusive Global South cooperation.
India assumes the BRICS Chairmanship for 2026 and will host next year’s summit.

About BRICS (Expanded Group)

Established: June 16, 2009 (Brazil, Russia, India, China); South Africa joined in 2010.
2024–25 Expansion:
- Full members added: Egypt, Ethiopia, Iran, UAE (Jan 2024); Indonesia (Jan 2025).
- Partner countries now include Vietnam, Nigeria, and others under the BRICS+ model.
Group Size & Influence: 10 full members represent ~44% of world GDP and 50% of global population