INSUBCONTINENT EXCLUSIVE:
(Analysis) Foreign ministers from the BRICS group-Brazil, Russia, India, China, South Africa, and new members Saudi Arabia, United Arab
Emirates, Egypt, Indonesia, Ethiopia, and Iran-met in Rio de Janeiro in late April 2025.The meeting, widely covered by sources in Spanish,
The Rio summit ended without a joint statement.Brazil, acting as chair, issued a solo declaration denouncing global trade protectionism
It comes as United States trade policies under President Donald Trump continue to disrupt global markets and their old order.China tried to
push the group to take a firmer stance against United States tariffs
However, India and Brazil resisted, aiming to avoid direct confrontation with Washington.BRICS Leaders Clash Over US Tariffs and Security
its influence at the summit
Council.Their ongoing dispute over the Grand Ethiopian Renaissance Dam on the Nile continues to strain relations
Egypt relies on the Nile for most of its water, while Ethiopia sees the dam as vital for its energy and development.These tensions threaten
to undermine broader BRICS cooperation
now its top wheat supplier, and aims to reach $100 billion in annual exports.BRICS Struggles for Unity and Financial Clout Amid
continues to suffer fuel shortages and a lack of dollars, despite its anti-United States rhetoric
inability to act as a unified economic force raises questions about its future role in global affairs
The business world watches as BRICS seeks relevance but faces the reality of deep internal rifts and limited financial power.
