The 17th BRICS Summit is gearing up to take place in Rio de Janeiro, Brazil, from July 6 to 7. This historic gathering marks a significant milestone as BRICS enters a new phase of Greater BRICS cooperation, characterized by broader participation, stronger representation, and increasing global influence.
Amid a global economy facing fresh turbulence under U.S. tariffs and geopolitical shifts, many are looking to BRICS for leadership and stability. The grouping of Brazil, Russia, India, China, and South Africa has played a pivotal role in promoting economic growth among emerging economies. Now, as BRICS expands and strengthens its influence, questions arise: What is driving this expansion? What does Greater BRICS mean for the world?
Experts like Mushahid Hussain Sayed, co-chair of the International Conference of Asian Political Parties, believe that Greater BRICS cooperation signals a shift toward a more multipolar world. Economists such as Paulo Nogueira Batista, former executive director of the IMF, highlight the potential for BRICS to redefine global financial structures.
Voices from across the Global South, including Mohammad Hussain Baqeri, founder and chairman of Iqbal Forum in Tehran; Faizal Dawjee, a prominent journalist and commentator on Global South issues; and Muhammed Saqib, executive director of the Center of Geoeconomics for the Global South, emphasize that Greater BRICS cooperation could pave the way for a more equitable and inclusive global economy.
As the 17th BRICS Summit approaches, anticipation builds over the outcomes that could shape the future of international relations and economic development. For the youth in the Global South, Greater BRICS signifies opportunities for collaboration, innovation, and shared prosperity. The world watches as BRICS moves forward, charting a course toward a more interconnected and resilient global community.
