Politics · India Bureau
China to host 2027 Brics summit, Xi Jinping announces
Chinese President Xi Jinping has confirmed that China will assume the presidency of the Brics bloc and host its 2027 summit. The specific dates and host city are expected to be announced at a later date.
LSN India ·
President Xi made the announcement at the conclusion of the Brics summit currently underway, signalling China's commitment to leading the influential grouping of emerging economies in the coming years. The declaration comes as Brics continues to expand its membership and influence in global affairs, particularly among developing nations seeking alternatives to Western-led international institutions.
The 2027 summit will mark another significant gathering for the bloc, which comprises Brazil, Russia, India, China, and South Africa, alongside newer member nations. As the outgoing host of the current summit, China formally transitions leadership responsibilities to the next presiding nation, with the incoming presidency due to take charge following this year's proceedings.
Brics summits serve as key platforms for member states to coordinate on economic cooperation, geopolitical matters, and the advancement of a multipolar world order. The bloc has increasingly focused on expanding trade ties independent of Western financial systems and strengthening partnerships among the Global South.
Additional details regarding the venue and schedule for the 2027 summit will be communicated through official Brics channels in due course. The announcement underscores China's continued prominence within the organization and its role in shaping the multilateral agenda for emerging economies.