Rio de Janeiro has officially proposed to become the permanent home of the BRICS economic bloc, which currently lacks a formal headquarters, according to Firstpost.
Following the 2025 BRICS summit held at the city’s Museum of Modern Art, Mayor Eduardo Paes sent a letter to Brazilian President Luiz Inácio Lula da Silva, expressing the city’s interest.
Formed in 2009, BRICS now includes 11 countries, representing 46 percent of the global population and 37 percent of world GDP. Rio’s bid aims to provide the group with a fixed base and stronger institutional structure, Firstpost reported.
