Boosting Emerging Economies | BRICS Business Council Meets in Rio

The BRICS Business Council met on July 4 in Rio de Janeiro, Brazil, ahead of the 17th BRICS Summit scheduled for July 6–7. Delegates from Brazil, Russia, India, China, and South Africa gathered to discuss key areas including infrastructure, digital economy, sustainability, and energy. With Brazil hosting the summit, the forum focused on sustainable development, technological innovation, and social inclusion. Participants expressed both hope and skepticism, but many believe Brazil is well-positioned to lead. The summit carries the theme: “Inclusive development and cooperation for a new global order.”