BRICS Summit Boosts Economy and Jobs

Multilateral Governance is an essential topic in the current global scenario, especially with the approach of the BRICS Summit, which will take place from July 4 to 7, 2025. This event promises to move around R$70 million in the local economy, attracting the participation of 10 thousand foreigners.

The economic impact will be significant, boosting sectors such as tourism and services, as well as generating new jobs.

The summit will feature meetings between heads of state and business forums that will discuss relevant topics, including the governance of artificial intelligence, highlighting the need for clear guidelines to mitigate technological risks.

Economic Impact and International Participation

The BRICS Summit, scheduled to take place from July 4 to 7, 2025, promises to have a significant impact on the local economy, injecting around R$1.4T 70 million.

Expected to attract around 10,000 foreign visitors, the event marks a new record for capital and tourism flow to the region.

Holding this diplomatic event not only stimulates sectors such as tourism and services, but also generates new employment opportunities for the population.

Boosted Sectors and Jobs

The impact of major international events, such as the BRICS Summit, is significant for the local economy.

With the arrival of about 10 thousand foreigners, sectors such as accommodation and food will experience a notable increase in revenues.

This translates into direct benefits for the city, which is preparing to welcome visitors through improvements in infrastructure and service provision.

• Tourism
• Services
• Creative economy

will receive a considerable boost.

Furthermore, the expectation is that more than R$ 70 million are injected into the local economy, leveraging both temporary and permanent jobs, fostering continuous improvement in the labor market.

Diplomatic and Business Programming at the Museum of Modern Art

The diplomatic and business programming at the *Museum of Modern Art* during the BRICS Summit 2025 is carefully structured to maximize the potential for collaboration between the participating leaders.

On July 6, the meetings of heads of state will begin in the morning with multilateral plenary sessions that set the tone for the subsequent bilateral dialogues.

These meetings are essentially a time for leaders to discuss future partnerships and debate economic strategies that could influence the global landscape. In the afternoon, high-level business forums take center stage, bringing together entrepreneurs and investors to discuss key economic trends and technological innovations. These gatherings are a unique opportunity to discuss the urgent need of multilateral governance around artificial intelligence.

This flow of activities will converge at the *Museum of Modern Art*, which will be the nerve point for these significant negotiations.

Thus, the potential impact of these discussions highlights the importance of the event and the strategic choice of location, consolidating Rio de Janeiro as a center of diplomatic and economic developments essential for the future of the BRICS member countries.

For more details, please see the official website Full BRICS event program.

Multilateral Governance of Artificial Intelligence

During the BRICS 2025 Business Forum, the discussion on the governance of artificial intelligence gains prominence.

With the participation of several experts, the urgent need for a robust multilateral governance for artificial intelligence.

This governance must establish clear guidelines, aiming both at mitigating risks and promoting responsible innovation.

Many argue that without a well-defined regulatory framework, AI can pose significant threats to society, but with a clear multilateral regulation, it is possible to balance development and security.

Challenges and guidelines that need to be addressed to ensure that AI can be used fairly and ethically were presented:

• ethics and transparency
• data protection
• responsible innovation

These points highlight the importance of building a regulatory system that unites countries and allows for joint development.

During the event, leaders of participating nations reaffirmed the importance of using AI to promote social justice and eradicate inequalities, as addressed by article on AI governance published on the BRICS website.

In summary, the BRICS Summit will not only bring economic benefits, but will also open a space for crucial discussions on Multilateral Governance, especially with regard to artificial intelligence and its challenges.