This post was originally published on Arab News
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SAO PAULO: The Brazilian government announced Saturday that the next BRICS summit will take place in Rio de Janeiro on July 6-7.
Brazil will chair the bloc of developing economies through 2025 and said it will focus on promoting global governance reform and cooperation among Global South countries, according to a statement from the federal government.
BRICS was established in 2009 by Brazil, Russia, India, and China, with South Africa joining in 2010 as a counterbalance to the Group of Seven leading industrialized nations.