Brazil has full trust and confidence in Russia’s upcoming chairmanship of the BRICS group in 2024, and expects Moscow to have a productive tenure in the role, Ednews reports via TASS that, Brazilian Ambassador to Russia Rodrigo de Lima Baena Soares said in an interview with media outlet RBC.

"As the chair nation, Russia plans to hold about 200 meetings in various fields, including the economy, technology, innovation, culture and sports. We have great confidence in Russia’s chairmanship. I believe that it will be very productive and results-oriented," the envoy noted.

"I expect that the six new [BRICS] members will give our group more energy and a new impetus. They are important countries in their respective regions. We will now have Argentina, which is our main partner in Latin America, as well as important energy powers such as Saudi Arabia, Iran and the United Arab Emirates," he pointed out.

The diplomat emphasized that Brazil shared the idea of creating a more multipolar world order, as well as reforming international institutions, including the UN Security Council, the World Bank and the International Monetary Fund. "We are in consensus on the need to call for more inclusive, representative and effective international institutions," the envoy stressed.