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Market: India gets support for 2026 BRICS chair

Fiinews by Fiinews
July 8, 2025
in Markets
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PM in a family photograph with BRICS Members on the sidelines of 17th BRICS Summit at Rio de Janeiro on 6 July 2025.

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PM attends Rio de Janeiro summit

BRICS member countries have assured India of full support for its Chairship in 2026 and the holding of the XVIII BRICS Summit during a meeting held in Rio de Janeiro, Brazil, from 6 to 7 July 2025.

The support came after the XVII BRICS Summit held under the theme: “Strengthening Global South Cooperation for a More Inclusive and Sustainable Governance”.

Prime Minister Narendra Modi attended the summit during his visit to Brazil.

The meeting welcomed Indonesia as a BRICS member, as well as the Belarus, Bolivia, Kazakhstan, Cuba, Nigeria, Malaysia, Thailand, Vietnam, Uganda, and the Uzbekistan as BRICS partner countries of the grouping which was has Brazil, Russia, India, China and South Africa as members working for the good of global communities.

The group underlined significance of the adoption of the BRICS Leaders’ Framework Declaration on Climate Finance and of the BRICS Leaders’ Statement on the Global Governance of Artificial Intelligence, as well as endorse the launch of the BRICS Partnership for the Elimination of Socially Determined Diseases.

“These initiatives reflect our joint efforts to foster inclusive and sustainable solutions to pressing global issues,” said a joint BRICS statement, ‘Rio de Janeiro Declaration- Strengthening Global South Cooperation for a More Inclusive and Sustainable Governance’. Fiinews.com

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