Brazil became the preside of BRICS – ISNA
Brazil assumed the rotating presidency of the “BRICS” group, focusing on strengthening the cooperation of the couries of the global south.
According to Isna, the governme of Brazil announced the coury’s rotating presidency of the BRICS group.
In the previous period, Russia presided over the period of BRICS, whose annual meeting was held from October 22 to 24 (November 1 to 3) in Kazan, Russia, and the leaders of many couries attended the meeting.
According to the report of “Xinhua” News agency, the Brazilian governme, referring to its goals during the presidency of BRICS, announced: “Brazil will focus on reforming iernational governance and creating mechanisms to facilitate trade among BRICS members.”
The stateme of the Brazilian governme coinues: “This group is one of the key political and diplomatic associations for the couries of the global south, which focuses on cooperation in various sectors.”
As the host coury, uil the end of this year, Brazil will organize and monitor the meetings of the working group, bringing together represeatives from member couries to discuss and impleme their priorities.
Since its inception in 2009, BRICS has championed a multipolar iernational order and a fair global financial and trading system. The BRICS nations are considering a new reserve currency that would allow their couries greater economic independence.
On January 1, 2024, five couries, including Iran, Saudi Arabia, the United Arab Emirates, Ethiopia and Egypt, became full members of the BRICS group, which is now called BRICS Plus.
The BRICS group was founded in 2006 by Brazil, Russia, India and China, while South Africa joined the bloc in 2011 and Brazil will hold its rotating presidency in 2025.
end of message
