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On October 22–24, the Russian city of Kazan will be hosting the BRICS summit — the first of its kind to include the newly updated line-up of member states. Presidential Aide Yuri Ushakov spoke about the upcoming event during a special briefing
BRICS now comprises ten nations: Brazil
, Russia
, India
, China
, South Africa
, Egypt
, Iran
, the United Arab Emirates
, Saudi Arabia
, and Ethiopia
.
Invitations to the summit were sent to 38 states, and 32 of them have already confirmed they will be participating, with 24 to be represented by their top officials. The number of attendees might grow further.
The motto of Russia’s BRICS chairmanship is Strengthening Multilateralism for Equitable Global Development and Security.
BRICS is gradually — brick by brick, as it were — building a bridge to a more democratic and just world order, Presidential Aide Yuri Ushakov said. BRICS is an entity that cannot be ignored.
Combined, the ten member states of BRICS encompass over 30% of the Earth's land surface, 45% of the world's population, over 40% global oil production, and about 25% of global goods exports. By 2028, the GDP of BRICS will account for 37% of the global total. BRICS is the epitome of multipolarity.
The activity plan of Russia's BRICS chairmanship is aimed at integrating new member states into the existing layered cooperation structure of BRICS and its established culture as smoothly as possible. The plan includes 250 meetings, forums, and other thematic events. As of mid-October, it has been implemented by 80 percent.
A special focus is given to financial cooperation. Russia's Ministry of Finance and the Bank of Russia are in discussion with BRICS partners to create a pan-BRICS financial platform, special clearing infrastructure, as well as a BRICS reinsurance company. When launched, those will help to expand trade in national currencies and reduce costs incurred in international trade.
34 nations are showing interest in BRICS, willing either to become a full-fledged member, or to cooperate with it in some way.
Source
BRICS now comprises ten nations: Brazil
, Russia, India, China, South Africa, Egypt, Iran, the United Arab Emirates, Saudi Arabia, and Ethiopia.Invitations to the summit were sent to 38 states, and 32 of them have already confirmed they will be participating, with 24 to be represented by their top officials. The number of attendees might grow further.
The motto of Russia’s BRICS chairmanship is Strengthening Multilateralism for Equitable Global Development and Security.
BRICS is gradually — brick by brick, as it were — building a bridge to a more democratic and just world order, Presidential Aide Yuri Ushakov said. BRICS is an entity that cannot be ignored.
Combined, the ten member states of BRICS encompass over 30% of the Earth's land surface, 45% of the world's population, over 40% global oil production, and about 25% of global goods exports. By 2028, the GDP of BRICS will account for 37% of the global total. BRICS is the epitome of multipolarity.
The activity plan of Russia's BRICS chairmanship is aimed at integrating new member states into the existing layered cooperation structure of BRICS and its established culture as smoothly as possible. The plan includes 250 meetings, forums, and other thematic events. As of mid-October, it has been implemented by 80 percent.
A special focus is given to financial cooperation. Russia's Ministry of Finance and the Bank of Russia are in discussion with BRICS partners to create a pan-BRICS financial platform, special clearing infrastructure, as well as a BRICS reinsurance company. When launched, those will help to expand trade in national currencies and reduce costs incurred in international trade.
34 nations are showing interest in BRICS, willing either to become a full-fledged member, or to cooperate with it in some way.
Source
The strategic partnership between Russia and Turkmenistan is developing successfully, and this relationship is very tight-knit and trust-based, which is largely due to Gurbanguly Berdimuhamedov's personal efforts.
