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China’s 2027 BRICS presidency expected to prioritize local-currency payments, AI, clean energy and greater Global South influence

Presidência chinesa do BRICS em 2027 deve priorizar pagamentos locais, inteligência artificial, energia limpa e maior influência do Sul Global
Countries
ChinaSouth Africa
Cooperation areas
Economic GrowthInclusive MultilateralismInstitutional DevelopmentPeople-to-People ExchangeSustainable Development

Source: Brasil 247 | Original Published At: 2026-09-18 07:44:23 UTC

Key Points

  • China's 2027 BRICS presidency is expected to expand cooperation among member states in local-currency payments, artificial intelligence, clean energy and reforms aimed at strengthening the Global South's influence.
  • The article cites South African specialist Farhana Paruk, who says BRICS has evolved from a high-level dialogue forum into a platform for practical cooperation.
  • Existing BRICS instruments highlighted include the New Development Bank, the Contingent Reserve Arrangement, and programs on trade, finance, digital public infrastructure and people-to-people exchanges.
  • Priority areas include local-currency settlement, cross-border payment interoperability, supply-chain resilience and expanded financing for New Development Bank projects.
  • China could promote cooperation in agricultural technology, irrigation systems, food storage, solar energy, batteries, power grids and green hydrogen.
  • BRICS may coordinate AI governance, digital-economy standards, shared testing environments, startup funding and skills development.
  • The presidency could also broaden youth, university, cultural and media exchanges while supporting multilateral reform and greater Global South representation in international institutions.
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