The grouping made up of Brazil, Russia, India, China and South Africa, as well as other new members - Saudi Arabia, Egypt, the United Arab Emirates, Ethiopia and Iran - represents one of the main forums for political-diplomatic coordination between the countries of the Global South, with a focus on cooperation in various areas. Promoting debates on inclusive global governance, artificial intelligence and financing to combat climate change, among others, Brasil assumes the presidency of BRICS in 2025.

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