Rio de Janeiro seeks to become Brics diplomatic hub with headquarters proposal

Jul 11, 2025 | INVESTING

Rio de Janeiro is seeking to be home to the permanent headquarters of Brics, the economic bloc of emerging nations that currently has no official base of operations.
Rio’s mayor, Eduardo Paes, delivered a letter of intent to Brazilian President Luiz Inácio Lula da Silva following the Brics 2025 summit held at the city’s Museum of Modern Art earlier this week.
Founded in 2009, Brics – whose membership now includes Brazil, China, Egypt, Ethiopia, India, Indonesia, Iran, Russia, Saudi Arabia, South…

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