The 9th U26 Team Championship in Brazil attracted only 10 guest teams, of which few sent their best players to Parnaíba. Georgia fielded a team of 2400's with Supatashvili and Kacheishvili at top boards. Finland sent their best youth players to be second seeds. Filipino team had Nelson Mariano, top rated player of the event (2510) and Barcenilla, but also two unrated players. Russia sent a team of unrated players (sic!). The Philippines were the only nation to represent Asian continent. The rest came from South America and Europe, but most of major sides did not arrive.

Georgia took a firm grip from the beginning and easily took the win defeating all of their opposition. The Philippines lost to Georgia 3-1 on day three and only managed to draw with Finland on the consecutive round but took silver with a clear margin over the Finns, who finished level on points with Austria and took podium position by virtue of better Buchholz. Dgebuadze of Georgia (who is representing Belgium nowadays) scored 5½/6 (performed at 2604) which turned to be best individual record. Manninen of Finland received the prize for best individual result at top board.