BRICS 2025 in Rio was a stunning surprise. Expectations initially were low – when comparing the meek Brazilian presidency with the extraordinary amount of work put out by Russia in 2024 leading to Kazan.
Yet in the end Rio coalesced what Kazan had annonced: the new, rising system will be all about sovereignty, equality, and fairness – with emphasis on continental-wide economic integration; trade in national currencies; an expanded role for new global financial institutions such as the NDB (the BRICS bank); and myriad platforms for sustainable development.
A Geopolitics of Sovereignty has to be structurally constructed: the iron and cement for the new system will come from a new interconnection of trade in national currencies, independent payment/settlement systems, and new investment platforms.
Geo-economically, BRICS is already on a roll. A quick glance of a map of Eurasia, and Afro-Eurasia, will suffice to convey the existing and emerging interconnection of connectivity, logistics and supply chain corridors. Across BRICS lands, those tie up energy sources, rare earth deposits, and a wealth of agricultural commodities.
Unionizing every exporter in the world against U.S. importers
In parallel, the top two BRICS actors, China and Russia – both already under zillions of sanctions (Russia) and trade tariffs (China) – see the Trump TTT as a spectacular opportuniy ahead for undermining even faster the unilateral U.S. grip on trade and currency systems.
The war on BRICS has gone up to the next level, now that Russia, China, Iran and Brazil are all confirmed – illegitimate – targets. It’s up to this Sri Lanka viewpoint to delightfully summarize the stakes:
“Trump has effectively unionized every exporter in the world against American importers.” It comes down to a quite simple equation: “If you tariff one person, more power to you. But it you tariff everyone, more power to us.”
“More power to us” translates into BRICS and the wider Global South perfectly aware there’s no way out except full steam ahead for the BRICS project, culminating in full de-dollarization. From Kazan to Rio and beyond, it’s now also clear that out of control TTT will target any nation or partner that aligns with “anti-American” BRICS.
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