There are four ways Brazil’s BRICS presidency can help cultivate the association, Fabiano Mielniczuk, Professor at the Federal University of Rio Grande do Sul, Brazil, told Sputnik at the International scientific conference ‘New world order: formation of a multipolar world and the role of Russia’.
Brazil is also expected to push forward Russian initiatives from 2024, particularly regarding trade in local currencies, which is gaining traction in Brazilian diplomatic circles. Lastly, Mielniczuk highlighted Brazil’s bold leadership on issues like artificial intelligence and the digital economy, stressing the need to view data as a commodity.
Brazil assumed the rotating presidency of the bloc on January 1.
BRICS is an interstate association created in 2006 by Russia, China, India and Brazil. South Africa joined in 2011. Since the beginning of 2024, a number of other countries have joined BRICS.
