Overview

• Leaders adopted the Rio Declaration condemning unilateral tariff measures and warning they would depress world trade and disrupt global supply chains.
• President Trump’s threat to impose 10% additional duties on countries aligning with BRICS remains active and drew sharp criticism from Brazil’s Lula da Silva.
• BRICS committed to further negotiations on a trade settlement system using member nations’ own currencies to reduce reliance on the dollar.
• The declaration voiced serious concern over intentional attacks on nuclear facilities, implicitly referencing potential strikes on Iran’s sites.
• The summit document called for Israel’s full military withdrawal from Gaza and an unconditional ceasefire to address escalating humanitarian and security risks.