Finance Ministers and Central Bank Governors of BRICS countries are set to hold a meeting on Tuesday in Brazil’s Sao Paulo at the sidelines of the G20 ministerial summit.
The meeting will also see the first participation participation of new BRICS members who officially joined the organization at the start of this year.
A wide range of topics and issues will be on the agenda, including economic projects, prospects for the developing world financial system and economy, and instruments for mixed financing of infrastructure projects.
The convening top officials will also discuss the launching of the BRICS Think Tank Network for Finance.
Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates have all confirmed that they will be joining BRICS after receiving invitations from the transnational group last year. Argentina was also approved to join but later revoked its application after far-right President Javier Milei took office last December.
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