Overview
- Only five of the bloc’s ten members were represented by their heads of government at the Rio summit, with China and Russia sending senior deputies instead of Presidents Xi Jinping and Vladimir Putin.
- Brazilian President Lula da Silva and Prime Minister Modi pledged to triple bilateral trade during Modi’s state visit to Brasilia to reinforce economic ties within BRICS.
- The final summit communiqué reaffirmed support for multilateral institutions, criticized Israel’s actions in Gaza, condemned attacks on Russian civilians and infrastructure, but did not censure Russia over its Ukraine invasion.
- President Trump’s Truth Social threat of a 10 percent tariff on BRICS-aligned countries was formally delayed by the White House until August 1 to allow more time for negotiations.
- Brazil steered summit discussions toward economic development and climate initiatives to defuse contentious topics under growing U.S. trade pressure.