Vladimir Putin is hosting the BRICS summit in Kazan, aiming to demonstrate his unwavering power amid sanctions and international pressure. The summit has brought together leaders from China, India, South Africa, and other countries.
BRICS Expansion and Summit Goals
BRICS has expanded this year, adding Egypt, Iran, Ethiopia, and the UAE. Saudi Arabia has been invited to join, and around 30 other countries have expressed interest. The main goal this week is to strengthen economic cooperation among member countries and find alternatives to the dollar for international trade.
BRICS' Impact on Global Politics and Economy
BRICS represents 45% of the world's population and 28% of the global economy, underscoring its significance. Vladimir Putin stated that cooperation within BRICS could lay the foundation for a new world order, but he emphasized that it is not an anti-Western alliance.
US Elections and the Trump Factor
Ahead of the US presidential elections, a potential return of Donald Trump could change the foreign policy course, including the impact of sanctions on Russia. Trump is known for his contradictory statements about Putin and his willingness to reconsider sanctions, which plays into the hands of the Russian leader.
The BRICS summit in Kazan demonstrates that despite international pressure, the Russian Federation seeks to strengthen ties with new partners and form allies around the world. How events will unfold in the future remains to be seen.