BRICS Not Aimed Against Any Country, Or To Replace US Dollar: Brazilian Vice President

Source: News18 | Original Published At: 2025-12-14 11:46:56 UTC

Key Points

• Brazilian Vice President clarifies BRICS aims to increase emerging economies' voice without targeting any country or replacing the US dollar
• India-Brazil cooperation expands across trade ($13.6B in 2025), defense (Akash missile system evaluation), and digital payments (UPI-Pix interoperability)
• 2026 BRICS chairmanship priorities include expanding Mercosur-India trade agreement and deepening defense industry collaboration
• Brazil declines BRI participation while maintaining strategic autonomy and strong China relations
• Cultural cooperation highlighted through Ayurveda integration and business e-visa implementation timeline