BRICS Summit 2025 to Reshape Global Trade with Focus on Currency Diversification and AI Governance
The BRICS Summit 2025, hosted by Brazil, is set to redefine global trade dynamics through trade standardization, currency diversification, and AI governance. Emerging economies are pushing for reduced reliance on the US dollar, with yuan, rupee, and ruble gaining traction in oil and defense trades. India's bilateral trade with Russia underscores this shift.
Trade policy alignment and climate initiatives are central to the summit, signaling a broader MOVE toward economic integration among Global South nations. AI governance frameworks are also on the agenda, reflecting the bloc's ambition to shape technological standards.