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BRICS Leaders Condemn Attacks on Iran, Tell Israel to Leave Gaza
Bloomberg Televisionยท2025-07-07 02:04

Geopolitical Stance of BRICS Nations - BRICS leaders condemned U S and Israeli attacks on Iran and called for Israeli troop withdrawal from the Gaza Strip [1] - The summit is considered unusual due to the absence of key players like President Xi and Putin [2] - Lula is portrayed as a vocal host, with Modi being a prominent figure at the summit [2] - BRICS presents itself as an alternative to the U S order and a defender of multilateral institutions [4] - The language used by BRICS nations to condemn actions in the Middle East may not be well-received by President Trump [5] - China maintains a consistent position, offering verbal support but not necessarily following through with concrete actions, particularly regarding the conflict in Ukraine and its support for Iran [9][10] BRICS Expansion and Influence - BRICS aspires to be like the G20 but hasn't fully lived up to its promise, despite representing 49% of the world's population and doubling in size [7] - Some countries, like Saudi Arabia, are still hesitant about fully committing to BRICS membership despite being invited two years ago [8] - Chinese Premier Li Chung stated that BRICS countries should champion the peaceful resolution of international disputes [8] Trade and Economic Implications - Tariffs are expected to decrease, with potential deals, especially with India, anticipated to materialize [4] - Brazil has not been significantly affected by the trade war, and Lula has expressed contrarian views on Israel [6]