The BRICS’ relationship with Latin America makes up a vital part of global South-South cooperation, and Brazil is a core country in Sino-Latin American cooperation. The Point with LIU Xin (@thepointwithlx) invited Octavio Lucas Costa Miranda – the Chairman of the Brazil+China Challenge Forum – to share his perspective about the BRICS 2017 summit just days before it began.

Miranda said the key for Brazil within BRICS was to bring in investment and increase exports. “Brazil has the largest new agricultural border in the world, and China and India together represent the world's greatest markets for consumption of grains, as well as other products. Brazil has a key opportunity for increasing its exports, and for greater investment in key sectors such as infrastructure, agribusiness and also sectors such as technology. So the BRICS platform is a great platform for Brazil to develop its position in this regard,” he opined. 

Although some caution that BRICS is not legally binding and doesn’t have enforceable power, Miranda has no doubt of what BRICS can do. “BRICS doesn’t have to shape global policy,” he added. “ BRICS just needs to be creative and proactive.” 

The Point with LIU Xin is a 30-minute current affairs program on CGTN. It airs weekdays at 9.30 p.m. BJT (1330GMT), with rebroadcasts at 5.30 a.m. (2130GMT) and 10.30 a.m. (0230GMT).