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The Russian city of Kazan is hosting a top-level BRICS Summit on October 22-24 as part of Russia's 2024 chairmanship of the bloc.
The 16th annual BRICS Summit began on October 22 in the Russian city of Kazan in the Republic of Tatarstan.
Strengthening multilateralism, integrating new members of the bloc, and addressing regional challenges will be discussed at the summit.
Russian President Vladimir Putin is hosting the summit and holding bilateral meetings on the sidelines, including with the leaders of India, China, South Africa, Egypt, and Brazil.
The BRICS Summit is being held in the Russian city of Kazan from October 22 to 24, with the participation of heads of state, as well as representatives of several international organizations. BRICS is an intergovernmental association created in 2006, and Russia assumed the bloc’s rotating presidency on January 1, 2024. The year began with the accession of new members to the association.
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08:10 GMT 23.10.2024
19:21 GMT 23.10.2024
19:18 GMT 23.10.2024
19:16 GMT 23.10.2024
Putin: BRICS Countries Share Values of Peace, Justice, Equality
The BRICS countries share universal values of peace, justice and equality, Russian President Vladimir Putin said on Wednesday.
"The discussions have once again demonstrated that the states of the association share the universal values of peace, justice and equality, and work together for the prosperity and well-being of our countries and peoples," Putin said at a reception in honor of the BRICS summit in Russia's Kazan, adding that the BRICS countries stand in solidarity for intensified cooperation in the global arena on the basis of the key UN principles.
The meetings in both the narrow and broad formats at the BRICS summit were successful, the Russian leader said.
19:15 GMT 23.10.2024
Putin Expresses Condolences to Erdogan in Connection With Terrorist Attack in Ankara
Russian President Vladimir Putin expressed on Wednesday condolences to Turkish President Recep Tayyip Erdogan in connection with the terrorist attack in Ankara.
"Before we begin our work, I would like to express my condolences in connection with the terrorist attack. The media reports on the terrorist attack in Turkiye. You know how we feel about this. We condemn any manifestations of this kind, whatever their motivation is," Putin said at a meeting with Erdogan on the sidelines of the BRICS summit in the Russian city of Kazan.
Earlier in the day, media reported of explosion ans gunfire sounds near the TUSAS corporation in Ankara, a manufacturer of military aircraft and space equipment.
19:14 GMT 23.10.2024
Statement by Vladimir Putin During Talks With Venezuelan President Nicolás Maduro
© Sputnik
Venezuela supports Russia in the context of the hybrid war launched against it.
Russia and Venezuela strive to form a new world order without neo-colonial approaches.
It is important for Russia and Venezuela to establish relations in the financial and banking spheres based on national currencies.
Venezuela is one of Russia's historical partners in Latin America, with many projects being implemented in energy and other areas.
Russia supports Venezuela's desire to join the work of BRICS.
Venezuela is close to the values and principles on which BRICS work is based.
Relations between Russia and Venezuela continue to strengthen.
19:10 GMT 23.10.2024
Key Statements by BRICS Partners at Group’s Expanded Summit Meeting
Chinese President Xi Jinping
“In the current reality, there is an urgent need to reform the international financial architecture,” and BRICS “must play a leading role” in promoting a new system which better reflects profound changes to the international economic balance of power, Stated Xi.
The escalation of the Ukrainian crisis and provocations must not be allowed to occur.
“We must build a peaceful BRICS, and act as defenders of common security.”
Indian Prime Minister Narendra Modi
“BRICS has achieved a lot in recent years. I am confident that in the near future this organization will become a more effective platform for addressing global challenges,” said Modi.
India is committed to deepening cooperation with its BRICS partners.
Brazilian President Lula da Silva
The new BRICS banking system “will reduce the costs for our commercial relations,” not replace existing, national systems.
The conflicts in Ukraine and the Middle East could become global – this must not be allowed to take place.
Iranian President Masoud Pezeshkian
Washington is fueling conflicts around the globe as the era of US-led unipolarity comes to an end.
Efforts to dedollarize the global economy must be expanded, including via a basket of BRICS currencies and new payment mechanisms.
Efforts should be taken by BRICS members collectively and individually to ensure the rights of the Palestinian people.
South African President Cyril Ramaphosa
“We must realize the full potential of our economic partnership, to ensure sustainable development for all, and not just for some,” stated Ramaphosa.
Joint development projects are needed, and a “recalibration” of trade routes is required to ensure more sustainable industrialization of BRICS members.
“BRICS is an inclusive formation that has the ability to change the trajectory of the Global South.”
Egyptian President Abdel Fattah Sisi
Egypt “confirms the importance of cooperation in settlements in national currencies” with its BRICS partners.
Successive crises sweeping the world in recent years have “unequivocally demonstrated the international system’s inability to fairly address conflicts worldwide.”
Ethiopian Prime Minister Abiy Ahmed Ali
BRICS offers a “tremendous opportunity” via its “collective voice,” population and economic power “to be a transformative force of a more equitable world order.”
19:05 GMT 23.10.2024
11:59 GMT 23.10.2024
BRICS Declaration to Strengthen Interaction of Association's Members - UAE Minister
The BRICS declaration will be an important step in order to strengthen the interaction of association's members and counter challenges, UAE Minister of State Ahmed bin Ali Al Sayegh said on Wednesday.
"The declaration that will be adopted will be an important step to strengthen our cooperation, establish a universally recognized framework to counter future challenges and achieve our common goals," the minister said.
The UAE is interested in expanding partnership and cooperation for sustainable development, growth in innovation and the green economy, the minister added.
11:59 GMT 23.10.2024
All BRICS Partners Committed to Continuing Forming More Democratic World System – Putin
All BRICS partners are committed to continuing the formation of a more democratic world system, Russian President Vladimir Putin said on Wednesday.
"It is fundamentally important that all BRICS partners are determined to continue working very closely together to form a more democratic, inclusive and multipolar international system," Putin said at an expanded meeting of the BRICS summit.
11:40 GMT 23.10.2024
Difficult Geopolitical Situation in World Aggravated as Dollar Used as Weapon - BRICS Bank
The difficult geopolitical situation in the world is aggravated by the fact that the dollar is used as a weapon, Dilma Rousseff, the head of the BRICS New Development Bank, said.
"The complex geopolitical situation is complicated by the fact that the dollar is used as a weapon to change the living conditions of the population and that also affects the international system, that is, trust and its integrity," Rousseff said at an expanded BRICS meeting.
11:40 GMT 23.10.2024
Iranian President Says Period of Unipolarity in World Coming to End
The period of unipolarity is coming to an end, as the US contributed to the growth of conflicts and wars around the world, Iranian President Masoud Pezeshkian said.
"We are striving for a new world order, safer and more just. The period of unilateralism is coming to an end ... Americans have contributed to the growth of conflicts and wars around the world," Pezeshkian said at an expanded meeting of the BRICS summit.
The expectations for more prompt and serious decisions within the framework of BRICS are growing, the president concluded.
11:39 GMT 23.10.2024
Dollar Being Used as Weapon, This Undermines Confidence in Currency - Putin
The dollar is really being used as a weapon, this is a big mistake, Russian President Vladimir Putin said on Wednesday.
Duting an expanded meeting of the BRICS summit, Dilma Rousseff, the head of the BRICS New Development Bank, said that the difficult geopolitical situation in the world is aggravated by the fact that the dollar is used as a weapon.
"Yes, indeed, we see that this is so. In fact, I think that this is a big mistake of those who do this," Putin said, commenting on Rousseff's remark, adding that this undermines confidence in this currency.
Russia does not abandon the dollar, but is forced to look for alternatives to it, the president added.
11:37 GMT 23.10.2024
BRICS States Should Act as Defenders of Common Security - Chinese President
It is necessary to build a peaceful BRICS organization, act as defenders of common security, Chinese President Xi Jinping said on Wednesday.
"We must build a peaceful BRICS, act as defenders of common security," Xi said at an expanded meeting of the BRICS summit.
The president also called for adherence to multilateralism, taking into account opinions of countries of the Global South.
Additionally, Xi said that China will promote a plan to enhance digital capabilities of the BRICS countries.
11:36 GMT 23.10.2024
BRICS Can Become Force on Way to Creating More Just World Order - Ethiopian Prime Minister
BRICS can become a force on the way to creating a more just world order, Ethiopian Prime Minister Abiy Ahmed Ali said on Wednesday.
"I see a tremendous opportunity in BRICS, with its collective voice representing nearly half of the global population and over a third of the global GDP, BRICS has the potential to be a transformative force of a more equitable world order," Ahmed Ali said at an expanded BRICS meeting.
11:24 GMT 23.10.2024
Iranian President Calls on BRICS to Reduce Dollar's Influence in World
It necessary to step up the de-dollarization of global economy by introducing a BRICS currency basket, as well as new payment mechanisms, Iranian President Masoud Pezeshkian.
"The efforts that have been made so far to reduce the dollar's dominance in the global economy must be strengthened and implemented through operational solutions, such as the creation of a BRICS currency basket and a new settlement mechanism independent of the dollar," Pezeshkian said at an expanded BRICS meeting.
The president also called for improving the system of mutual settlements in national currencies.
11:23 GMT 23.10.2024
Ramaphosa Calls For Changing Trade Routes to Ensure BRICS Sustainable Industrialization
South Africa calls for changing trade routes to ensure more sustainable industrialization within BRICS, South African President Cyril Ramaphosa said.
"We have called for the recalibration of trade routes to enable industrialization [within BRICS]," Ramaphosa said at an expanded BRICS summit.
11:23 GMT 23.10.2024
Putin Calls Unacceptable to Use Climate Agenda for Selfish Interests of States
It is unacceptable to use the climate agenda for the selfish interests of certain groups and states, President Vladimir Putin said.
"Of course, we all agree that it is necessary to fight climate change, but we cannot disagree with you that no one should be allowed to use this for some selfish interests and in the interests of some groups or states," Putin said during a meeting of the BRICS summit in an expanded format.
11:23 GMT 23.10.2024
Iranian President Calls on BRICS to Use All Possibilities to Ensure Palestinian Rights
The BRICS countries should use all possibilities to ensure the rights of the Palestinians and change the situation in the Middle East, Iranian President Masoud Pezeshkian on Wednesday.
"I ask you to use all your collective and individual capabilities to achieve a change in this situation and ensure the rights of the Palestinian people," Pezeshkian said at an expanded BRICS meeting.
11:22 GMT 23.10.2024
BRICS Ensures Sustainable Development for All Countries - President of South Africa
The BRICS association is designed to ensure sustainable development for all countries and not certain groups of states, South African President Cyril Ramaphosa said on Wednesday.
"BRICS is an inclusive formation that has the ability to change the trajectory of the Global South. To do this we must realize the full potential of our economic partnership, to ensure sustainable development for all and not just for some," Ramaphosa said at an expanded BRICS summit meeting.
11:06 GMT 23.10.2024
BRICS Will Soon Become Organization That Addresses Global Challenges - Modi
Indian Prime Minister Narendra Modi expressed confidence on Wednesday that BRICS will become an organization that addresses global challenges in the near future.
"BRICS has achieved a lot in recent years. I am confident that in the near future this organization will become a more effective platform for addressing global challenges," Modi said at an expanded BRICS meeting.
India is committed to developing cooperation within the framework of BRICS, the prime minister added.