Leaders of the countries known as BRICS will hold a summit in Rio de Janeiro in July, the current chair Brazil announced Saturday.

Axar.az reports that other members of the trading bloc include Russia, India, China South Africa, and others.

Brazilian Foreign Minister Mauro Vieira said on the social media platform X that the summit will be held July 6-7 and feature leaders of 20 countries with full or associate status in the bloc.

At this meeting "we will make very important decisions for the development of all these countries, for cooperation and for improving the living conditions of all their inhabitants," Vieira said.