• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Erdogan to Join BRICS Summit in Kazan This October

user avatar

by Giorgi Kostiuk

a year ago


  1. Erdogan's Attendance Confirmation
  2. Turkey's Foreign Policy Context
  3. Significance of BRICS Membership

  4. Turkish President Recep Tayyip Erdogan has confirmed that he will attend the BRICS summit in Kazan, Russia, from October 22 to 24. This was communicated by Yuri Ushakov, an aide to Russian President Vlad Putin.

    Erdogan's Attendance Confirmation

    Yuri Ushakov stated that the invite was extended to Turkey, and Erdogan’s swift acceptance demonstrates his enthusiasm about the prospect of joining the bloc. This summit in Kazan will be a significant step for Turkey towards potentially joining BRICS.

    Turkey's Foreign Policy Context

    Turkey faces a complex foreign policy situation due to stalled European Union membership talks and tensions within NATO. Erdogan’s administration is pushing for a foreign policy that avoids forcing Turkey to choose sides between the East and the West. Erdogan frequently emphasizes the engagement with both Eastern and Western nations for mutual benefit.

    Significance of BRICS Membership

    Some analysts suggest that Turkey’s increasing ties with Russia and China could strain its relations within NATO. However, others believe that Turkey’s application for BRICS membership represents its strategy to diversify its diplomatic relations and enhance its strategic autonomy. BRICS governments offer alternative investment opportunities, which could provide financial relief to Turkey. President Erdogan hopes that stronger economic ties with BRICS countries will help Turkey leverage its strategic location as a bridge between Europe and Asia.

    The expanded BRICS group now includes 11 member states with a combined population of about 3.5 billion people and an economy worth over $28.5 trillion, representing about 28% of global GDP. Russia aims to increase the role of BRICS in the international financial system and to facilitate the integration of new participants during its 2024 presidency.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Avalanche and Chainlink Maintain Strong Positions in Crypto Market

chest

Avalanche and Chainlink continue to assert their dominance in the crypto market, showcasing their strengths in technology and oracle services.

user avatarSatoshi Nakamura

Maxi Doge Targets Meme Coin Market with Community-Driven Approach

chest

Maxi Doge targets the meme coin market with a community-driven approach, focusing on engagement and visibility.

user avatarArif Mukhtar

PepeNode Launches MinetoEarn Concept with Gamified Virtual Mining

chest

PepeNode has launched a MinetoEarn concept that gamifies the virtual mining experience, making it accessible to users through a user-friendly dashboard interface.

user avatarLuis Flores

Bitcoin Hyper Introduces Layer 2 Solution for Faster BTC Transactions

chest

Bitcoin Hyper introduces a Layer 2 solution to enhance transaction speeds for Bitcoin, offering staking rewards and enabling wrapped BTC payments, swaps, and NFT transactions.

user avatarMaria Gutierrez

Ethereum Price Faces Challenges Despite Promising Upgrades

chest

Ethereum's price is currently 35% below its peak, with analysts predicting a potential rise to $5,000, but facing significant barriers.

user avatarJacob Williams

Ripple Executive Shares New Year Optimism for 2026

chest

Reece Merrick, the Senior Executive Officer of Ripple, shares New Year wishes and optimism for 2026, reflecting on the successes of 2025.

user avatarAndrew Smith

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.