Sao Paulo (TDI): Brazil took over the BRICS rotating presidency on Wednesday, aiming to strengthen Global South cooperation, the Brazilian government said in a statement.
It will also focus on reforming global governance, and creating mechanisms to facilitate trade among its member countries.
The statement described the group as a vital political and diplomatic platform for Global South nations, emphasizing collaboration across different sectors.
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Its main goals include developing payment systems to simplify trade and investment between members, promoting responsible and inclusive governance of artificial intelligence, and improving financing mechanisms to address climate change.
The agenda also emphasizes collaborative projects among Global South nations, especially in public health, and strengthening the institutional structure of BRICS.
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As the host nation until the end of 2025, Brazil will also organize and oversee working group meetings, bringing together representatives from member nations to discuss and implement its priorities.
