BRICS Summit 2024: In his statements throughout the 16th BRICS Summit in Kazan, Russian President Vladimir Putin spoke about numerous points starting from Russia’s function as a moderator within the Center East to the nation’s relationship with North Korea and Donald Trump, amongst different points.
Talking concerning the fee mechanism between the BRICS member international locations, Putin stated, “BRICS doesn’t goal to create a separate fee system. The BRICS international locations realise that the funds drawback is without doubt one of the most important obstacles to cooperation throughout the bloc, however member states will use current techniques to avoid it.”
Earlier throughout the Summit, President Putin had proposed to create a brand new funding platform for BRICS international locations, amongst different measures introduced throughout the Summit.
Commenting upon the USA, he stated that investigations have proven that Donald Trump has had no ties with Russia and he famous, “If the USA is open to regular relations with Russia, we’ll do the identical.”
Whereas Putin welcomed the statements from President Trump to finish the battle in Ukraine, he denied the allegations of Russia ‘planning to sow chaos in Europe; and referred to as it “full garbage.” Talking about Russia’s relationship with North Korea, he stated, “It’s our enterprise how we implement the North Korea partnership.”
The Kazan Declaration had seen the member international locations present grave concern on the deterioration of the scenario and humanitarian disaster within the Center East and had referred to as for “pressing measures in accordance with worldwide regulation to make sure the safety of lives” within the affected areas.
President Putin, in his speech, reiterated the sentiment and stated, “We’re involved by the occasions within the Center East and don’t need the battle to worsen”. He stated that Russia has “a task within the settlement of battle within the Center East”.
BRICS, as a proper grouping, began after the assembly of the Leaders of Russia, India and China in St. Petersburg on the margins of the G8 Outreach Summit in 2006. The grouping was formalised throughout the first assembly of BRIC Overseas Ministers on the margins of UNGA in New York in 2006. The primary BRIC Summit was held in Russia’s Yekaterinburg in 2009.
It was agreed to develop BRIC into BRICS with the inclusion of South Africa on the BRIC Overseas Ministers’ assembly in New York in 2010. South Africa attended the third BRICS Summit in Sanya in 2011. An extra enlargement of BRICS happened in 2024 with 5 new members – Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates.
