The Prague Post - Rio to host BRICS summit wary of Trump

EUR -
AED 4.273889
AFN 73.306066
ALL 96.171614
AMD 439.013911
ANG 2.082526
AOA 1067.01832
ARS 1647.19984
AUD 1.645564
AWG 2.097384
AZN 1.976855
BAM 1.968508
BBD 2.343731
BDT 142.318793
BGN 1.917196
BHD 0.439216
BIF 3275.525677
BMD 1.163597
BND 1.49012
BOB 8.069681
BRL 6.055587
BSD 1.163673
BTN 107.344
BWP 15.813273
BYN 3.401359
BYR 22806.502048
BZD 2.340208
CAD 1.580258
CDF 2513.369561
CHF 0.904934
CLF 0.026945
CLP 1063.957983
CNY 8.041732
CNH 8.01439
COP 4375.881221
CRC 553.957239
CUC 1.163597
CUP 30.835322
CVE 111.064986
CZK 24.373984
DJF 206.794079
DKK 7.472855
DOP 70.394186
DZD 152.999217
EGP 61.42954
ERN 17.453956
ETB 182.684384
FJD 2.564743
FKP 0.867551
GBP 0.866029
GEL 3.176634
GGP 0.867551
GHS 12.54937
GIP 0.867551
GMD 84.942452
GNF 10210.563927
GTQ 8.925314
GYD 243.453801
HKD 9.099503
HNL 30.928172
HRK 7.536149
HTG 152.448952
HUF 386.049498
IDR 19657.808449
ILS 3.609583
IMP 0.867551
INR 107.594096
IQD 1523.730328
IRR 1536995.334055
ISK 145.111903
JEP 0.867551
JMD 182.297675
JOD 0.825029
JPY 183.484169
KES 150.455617
KGS 101.756645
KHR 4671.842376
KMF 494.529182
KPW 1047.236992
KRW 1701.004652
KWD 0.357888
KYD 0.969769
KZT 579.470995
LAK 24825.342738
LBP 104200.115308
LKR 362.422873
LRD 212.938311
LSL 19.246217
LTL 3.4358
LVL 0.703848
LYD 7.429534
MAD 10.947993
MDL 20.166365
MGA 4863.835631
MKD 61.748406
MMK 2443.636559
MNT 4152.986519
MOP 9.368037
MRU 46.672245
MUR 55.7716
MVR 17.977844
MWK 2020.583363
MXN 20.502574
MYR 4.611363
MZN 74.365901
NAD 19.246231
NGN 1626.987959
NIO 42.715755
NOK 11.173335
NPR 171.750803
NZD 1.961458
OMR 0.4474
PAB 1.163713
PEN 4.059212
PGK 5.020909
PHP 68.426481
PKR 325.050623
PLN 4.249166
PYG 7488.408626
QAR 4.236643
RON 5.097837
RSD 117.399925
RUB 91.051314
RWF 1701.297997
SAR 4.368348
SBD 9.361351
SCR 16.491288
SDG 698.736459
SEK 10.632374
SGD 1.483118
SHP 0.872999
SLE 28.537196
SLL 24400.047443
SOS 664.993921
SRD 43.829222
STD 24084.109503
STN 25.075516
SVC 10.18182
SYP 128.670464
SZL 19.246056
THB 36.850841
TJS 11.153418
TMT 4.07259
TND 3.397511
TOP 2.801663
TRY 51.258891
TTD 7.895975
TWD 36.985516
TZS 3002.079898
UAH 51.140698
UGX 4381.285052
USD 1.163597
UYU 46.550927
UZS 14213.337644
VES 503.401927
VND 30576.421305
VUV 138.904014
WST 3.188825
XAF 660.219297
XAG 0.013372
XAU 0.000226
XCD 3.14468
XCG 2.09724
XDR 0.824703
XOF 658.595681
XPF 119.331742
YER 277.629268
ZAR 18.959072
ZMK 10473.776004
ZMW 22.489188
ZWL 374.677773
  • RBGPF

    0.1000

    82.5

    +0.12%

  • CMSD

    -0.0400

    23.16

    -0.17%

  • CMSC

    0.0350

    23.22

    +0.15%

  • BCE

    -0.1800

    25.88

    -0.7%

  • GSK

    1.0000

    55.51

    +1.8%

  • BCC

    -0.8600

    74.49

    -1.15%

  • AZN

    0.7300

    194.95

    +0.37%

  • RIO

    0.1400

    90.35

    +0.15%

  • NGG

    0.5500

    90.41

    +0.61%

  • RYCEF

    -0.3000

    16.7

    -1.8%

  • BTI

    0.4600

    58.33

    +0.79%

  • RELX

    0.0000

    35.68

    0%

  • JRI

    0.0100

    12.58

    +0.08%

  • VOD

    -0.0300

    14.48

    -0.21%

  • BP

    0.2100

    40.65

    +0.52%

Rio to host BRICS summit wary of Trump
Rio to host BRICS summit wary of Trump / Photo: Pablo PORCIUNCULA - AFP

Rio to host BRICS summit wary of Trump

A summit of BRICS nations will convene in Rio de Janeiro on Sunday and Monday, with members hoping to weigh in on global crises while tiptoeing around US President Donald Trump's policies.

Text size:

The city, with beefed-up security, will play host to leaders and diplomats from 11 emerging economies including China, India, Russia and South Africa, which represent nearly half of the world's population and 40 percent of its GDP.

Brazil's left-wing President Luiz Inacio Lula da Silva will have to navigate the absence of Chinese President Xi Jinping, who will miss the summit for the first time.

Beijing will instead be represented by its Prime Minister Li Qiang.

Russian leader Vladimir Putin, who is facing a pending International Criminal Court (ICC) arrest warrant, will not travel to Brazil, but is set to participate via video link, according to the Kremlin.

Iran's President Masoud Pezeshkian, fresh from a 12-day conflict with Israel and a skirmish with the United States, will also be absent, as will his Egyptian counterpart Abdel Fattah al-Sissi, a Brazilian government source told AFP.

Tensions in the Middle East, including Israel's ongoing war in Gaza, will weigh on the summit, as well as the grim anticipation of tariffs threatened by Trump due next week.

- 'Cautious' -

"We're anticipating a summit with a cautious tone: it will be difficult to mention the United States by name in the final declaration," Marta Fernandez, director of the BRICS Policy Center at Rio's Pontifical Catholic University told AFP.

China, for example, "is trying to adopt a restrained position on the Middle East", Fernandez said, pointing out that Beijing was also in tricky tariff negotiations with Washington.

"This doesn't seem to be the right time to provoke further friction" between the world's two leading economies, the researcher said.

BRICS members did not issue a strong statement on the Iran-Israel conflict and subsequent US military strikes due to their "diverging" interests, according to Oliver Stuenkel, an international relations professor at the Getulio Vargas Foundation.

Brazil nevertheless hopes that countries can take a common stand at the summit, including on the most sensitive issues.

"BRICS (countries), throughout their history, have managed to speak with one voice on major international issues, and there's no reason why that shouldn't be the case this time on the subject of the Middle East," Brazil's Foreign Minister Mauro Vieira told AFP.

- 'Multilateralism' -

However, talks on finding an alternative to the dollar for trade between BRICS members are likely dead in the water.

For Fernandez, it is almost "forbidden" to mention the idea within the group since Trump threatened to impose 100 percent tariffs on countries that challenge the dollar's international dominance.

Brazil, which in 2030 will host the COP30 UN climate conference, also hopes to find unity on the fight against climate change.

Artificial intelligence and global governance reform will also be on the menu.

"The escalation of the Middle East conflict reinforces the urgency of the debate on the need to reform global governance and strengthen multilateralism," said foreign minister Vieira.

Since 2023, Saudi Arabia, Egypt, the United Arab Emirates, Ethiopia, Iran and Indonesia have joined the BRICS, formed in 2009 as a counter-balance to leading Western economies.

But, as Fernandez points out, this expansion "makes it all the more difficult to build a strong consensus."

F.Prochazka--TPP