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November 12, 2019, 11:10 am


 

The BRICS summit will take place on 13–14 November in Brasilia, the capital of Brazil. In the year 2019, Brazil formally became the President of BRICS countries. Prior to this summit, Aurondro Carvalho, head of the Brazil-China Research Center of Brazil's Vargas Fund, said that this time the summit of BRICS countries is a confirmation of the importance of multilateralism.

 

It has been the second decade since the start of BRICS countries. The next ten years will be full of challenges. If the five countries face challenges together, the BRICS countries will be able to overcome the difficulties and welcome the hopeful third decade. Significantly, in the last ten years the BRICS system has moved forward with stability, which has played a big role in strengthening unity, cooperation and common development among developing countries.