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BRICS Summit Unites Global South for Reform and Trade

7/8/2025

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Summary

BRICS Unite for Reform

The 17th BRICS Summit in Rio de Janeiro ignited a powerful call for unity among Global South nations, pushing for reform in global governance. With Colombia and Uzbekistan joining the New Development Bank, BRICS now boasts 11 members. Leaders championed enhanced trade, local currency usage, and a collective stand against Western influence, striving for a fairer global landscape.

Summary

Colombia, Uzbekistan Join NDB

Colombia and Uzbekistan have proudly joined the New Development Bank (NDB), bringing its membership to 11 nations. Announced by President Dilma Rousseff on July 5, 2025, in Rio de Janeiro, this expansion underscores the NDB's commitment to empowering the Global South through sustainable development, innovation, and technological advancement.

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BRICS Unite for Reform

The 17th BRICS Summit in Rio de Janeiro ignited a powerful call for unity among Global South nations, pushing for reform in global governance. With Colombia and Uzbekistan joining the New Development Bank, BRICS now boasts 11 members. Leaders championed enhanced trade, local currency usage, and a collective stand against Western influence, striving for a fairer global landscape.

1 / 2