Why it matters:
BRICS is considered one of the most important economic organizations in the world startling rise of Brazil, Russia, India, and China. The bloc had its first summit in 2009 in Russia. South Africa joined in 2010. In a summit of the bloc in Johannesburg, South Africa, from August 22 to 24, 2023 participants agreed Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates to join the bloc from January 1, 2024. Iran joined the organization as an observer member in 2005 and applied for full membership a year later.
Key points:
- Two priorities are listed in the Brazilian document؛
- Cooperation in the Global South and partnership for social development.
- Cooperation in global health, trade, and finance, climate change issues, governance of artificial intelligence, reform of the multilateral peace and security architecture, and institutional development.
- The need to protect personal data and ensure the integrity of information for the ethical, safe, secure, and responsible use of artificial intelligence technologies.
Go deeper:
The BRICS chairmanship rotates on a rotating basis. Each year, the country leading the association organizes a summit of heads of state. In 2025, the meeting is due to take place in Rio de Janeiro.
303
Hossein Amiri
