The 2024 BRICS Summit is set to unfold in Kazan, Russia, from October 22 to 24, marking a historic expansion of the bloc. This year's summit will welcome five new members—Saudi Arabia, Egypt, the United Arab Emirates (UAE), Iran, and Ethiopia—doubling the group's membership from five to ten countries.
Under Russia's BRICS presidency, the summit will focus on strengthening partnerships and cooperation across three main areas: politics and security, the economy and finance, and cultural and humanitarian ties. This expansion signifies a strategic move to enhance the bloc's influence on the global stage.
Experts anticipate that the primary agenda will revolve around reforming the global economic and political governance systems. Wang Youming, a researcher at the Institute of Developing Countries at the China Institute of International Studies, highlighted that integrating the new members into the BRICS framework and discussing mechanisms for future expansion will be key topics of discussion.
Additionally, Russia has proposed the concept of \"BRICS partner countries,\" raising questions about potential official recognitions during the summit. Details on this initiative are expected to emerge as the conference progresses.
The summit will also address the establishment of a BRICS payment system, climate change initiatives, enhanced energy cooperation, safeguarding supply chains, and boosting scientific collaboration. These discussions are poised to shape the future trajectory of the BRICS alliance and its role in addressing global challenges.
Reference(s):
cgtn.com
