Russia‘s President Vladimir Putin don host di latest BRICS summit for Kazan, Russia, on Wednesday, and di meeting gather world leaders from China, India, and other countries. Di summit, which start on Tuesday, focus on deepening financial cooperation and expanding di BRICS group of countries.
Di BRICS bloc, wey initially include Brazil, Russia, India, China, and South Africa, don expand to include new members like Iran, Egypt, Ethiopia, United Arab Emirates, and Saudi Arabia. Turkey, Azerbaijan, and Malaysia have also apply to join di group, while several other countries show interest in becoming members.
Di three-day summit, wey di Kremlin describe as ‘di largest foreign policy event ever held’ by Russia, see di attendance of 36 countries. Dis show say U.S.-led efforts to isolate Russia over its actions in Ukraine no succeed. Putin emphasize di need for alternatives to Western-dominated payment systems, like di global bank messaging network SWIFT, to help Moscow dodge Western sanctions and trade with partners.
At di summit, Putin accuse di U.S. of ‘weaponizing’ di dollar and describe it as a ‘big mistake.’ He propose di creation of a new BRICS investment platform to support economies and provide financial resources to countries of di Global South and East. Xi Jinping, China’s President, emphasize di bloc’s role in ensuring global security and call for building BRICS into a primary channel for strengthening solidarity and cooperation among Global South nations.
India’s Prime Minister Narendra Modi, who attend di summit, reiterate India’s support for dialogue and diplomacy over war, especially concerning di Ukrainian conflict. Modi’s visit mark his second trip to Russia in three months, highlighting di strong cooperation between India and Russia despite Russia’s close ties with China.
