• 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

Mutuum Finance Unveils Dual Lending Framework.

chest

The platform's two-layer lending model accommodates both stable and volatile asset markets.

user avatarArif Mukhtar

MUTM Token Strengthened by Buyback System

chest

The buy and redistribute system enhances the value of the MUTM token through platform-generated fees.

user avatarMaria Gutierrez

Mutuum Finance Prepares for V1 Launch on Sepolia Testnet

chest

Mutuum Finance is set to launch its V1 protocol on the Sepolia testnet in late 2025, featuring basic assets like ETH and USDT.

user avatarDavid Robinson

Cboe Greenlights Fifth XRP ETF for Trading.

chest

The Cboe has approved the fifth XRP ETF product for trading, which will now join other successful ETFs that have recorded over 950 million in inflows in less than four weeks.

user avatarJacob Williams

ETH-focused Digital Asset Treasury Companies Surge Amid Regulatory Improvements

chest

Ether-focused digital asset treasury companies are outperforming their Bitcoin and Solana counterparts due to favorable market conditions and regulatory clarity.

user avatarAndrew Smith

Zora Launches Live Auctions for NFT Sales

chest

Zora has launched a feature enabling live auctions for NFTs, allowing real-time bidding and interaction, enhancing engagement and accessibility for creators and collectors.

user avatarZainab Kamara

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.