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The upcoming BRICS summit, scheduled to take place in Kazan, Russia, from October 22 to 24, 2024, marks a significant moment for the alliance, now encompassing ten member nations. This gathering of leaders from Brazil, Russia, India, China, South Africa, Ethiopia, Iran, Saudi Arabia, Egypt, and the UAE is poised to be a defining event in the BRICS narrative. Established in 2006, the alliance has sought to amplify the voices of emerging economies on the global stage, providing a counterbalance to the influence of Western powers in the arena of international governance.
The expansion of BRICS to include ten member nations underscores the growing significance of the alliance. Collectively, these nations represent approximately 45% of the world's population and contribute nearly 28% to the global economy. This economic and demographic weight grants BRICS considerable clout in shaping global affairs. The Kazan summit will offer a platform for these member nations to discuss and collaborate on various pressing issues, ranging from economic cooperation and development to geopolitical concerns and multilateral initiatives.
The summit's agenda is likely to center around strategies to promote sustainable development within the BRICS framework, fostering greater economic integration among member nations. The discussion is expected to encompass areas like trade liberalization, infrastructure development, and financial cooperation. Additionally, the leaders will likely address the challenges posed by a rapidly changing global landscape, including geopolitical tensions, technological advancements, and climate change. The Kazan summit's outcome will have far-reaching implications for the future of BRICS and its role in shaping the global order.
Source: BRICS Summit 2024 LIVE: World Leaders Speak at Kazan Expo Center, Russia