Leaders of growing BRICS group gather for Rio summit DW 07/06/2025
Briefly

The BRICS leaders met in Rio de Janeiro, stressing their dedication to multilateral diplomacy. Brazilian President Lula da Silva emphasized the collapse of multilateralism and urged BRICS to modernize international governance to reflect the multipolar reality. He criticized NATO for escalating a global arms race. Xi Jinping did not attend the summit, delegating Premier Li Qiang. Putin participated via videoconference due to legal issues. He pointed out the obsolescence of liberal globalization while encouraging increased cooperation among member states in various sectors, highlighting BRICS's significant global population representation.
Brazilian President Luiz Inacio Lula da Silva stated, "We are witnessing the unparalleled collapse of multilateralism." He emphasized that BRICS should adapt international governance to the new multipolar reality of the 21st century.
Putin remarked, "Everything indicates that the model of liberal globalization is becoming obsolete." He highlighted that business activity is shifting towards emerging markets and urged BRICS members to enhance cooperation in natural resources, logistics, trade, and finance.
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