16th BRICS summit explained
2024 BRICS summit |
Other Titles: | 16th BRICS summit |
Date: | 22–24 October 2024 |
Cities: | Kazan |
Participants: |
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Chairperson: | Vladimir Putin, President of Russia |
Follows: | 15th |
Precedes: | 17th |
Compactnav: | yes |
The 2024 BRICS summit was the sixteenth annual BRICS summit, held in Kazan, Russia. It was the first BRICS summit to include Egypt, Ethiopia, Iran, and the United Arab Emirates as members, following their accession to the organization at the 15th BRICS summit.
Outcome
The theme of the event was: “Strengthening Multilateralism for Fair Global Development and Security.”[1]
BRICS members introduced a payment system named BRICS Pay designed to facilitate transactions and the interchange of financial information between central banks of partnered nations, serving as an alternative to the Western interbank system SWIFT.[2] This system will facilitate international settlements.[3] [4] [5]
The BRICS Kazan Declaration has been adopted.[6] [7] BRICS nations endorse reform of the UN and Security Council and the full participation of the State of Palestine in the United Nations, contingent upon the two-state solution.[8] BRICS nations consented to deliberate and investigate the feasibility of creating an autonomous cross-border settlement and depository system. The finance ministers of BRICS nations will persist in evaluating the utilization of national currencies, payment tools, and platforms during the forthcoming Presidency and will report on the outcomes.[9]
On October 24, Russia hosted a plenary session of the 16th BRICS Summit in the BRICS Plus/Outreach format, bringing together CIS leaders, delegations from Asian, African, Middle Eastern, and Latin American countries, and the heads of several international organizations.[10]
Thirteen nations have been added as partner countries of BRICS: Algeria, Belarus, Bolivia, Cuba, Indonesia, Kazakhstan, Malaysia, Nigeria, Thailand, Turkey, Uganda, Uzbekistan, and Vietnam.[11]
Bilateral meetings
China-Russia
Chinese President Xi Jinping and Russian President Vladimir Putin held bilateral meeting in Kazan.[12] Presidents called China–Russia relations profound and unchanging in any turbulent geo-political situation, [13] and agreed that they must persist in advancing the comprehensive integration of the Belt and Road Initiative with the Eurasian Economic Union, therefore facilitating and bolstering the high-quality advancement of their economies. The parties concurred that, in light of the 80th anniversary of the establishment of the United Nations and the 80th anniversary of the victory in World War II in 2025, China and the Russian Federation will persist in enhancing their comprehensive strategic cooperation and upholding the international system centered on the United Nations.[14] The participants articulated their intention to enhance the BRICS cooperation framework and to achieve "Greater BRICS Cooperation".[15] [16]
Russia expressed interests in an alternative international payment solutions among BRICS nation to avoid US secondary sanctions.[17]
India-China
Indian PM Narendra Modi and Chinese President Xi Jinping held their first formal bilateral meeting in five years, since the deadly clash between militaries of the two nations in 2020.[18] The leaders declared they have reached a deal resolving a four-year stand-off, following by complete disengagement of troops.[19] President Xi emphasized the importance of the two ancient civilizations in the global south, stating India-China relations will set an example for other emerging nations.[20] [21]
Modi stated that sustaining steady development of India–China relations is crucial for both nations and their populations, impacting the welfare and future of 2.8 billion individuals, and is also significant for regional and global peace and stability.[22] China and India regard this meeting as constructive and significant, agreeing to approach China-India ties from a strategic and long-term perspective to prevent individual issues from impacting the overall relationship between the two nations.[23] [24]
India-Iran
Indian PM Narendra Modi and Iranian President Masoud Pezeshkian held bilateral meetings discussing continuation of Chabahar Port, the International North-South Transport Corridor, reconstruction of Afghanistan, economic and trade linkages to Central Asia, and minimising Israeli–Palestinian conflict.[25] [26]
President Pezeshkian accepted the invitation to visit India offered by India.[27]
Russia-South Africa
South African President Cyril Ramaphosa held bilateral meeting with Russian President Vladimir Putin where he called Russia a "valued ally" for its support during apartheid.[28] [29]
Participating leaders
In person
Indian prime minister Modi and South African president Ramaphosa chose to attend the BRICs summit instead of the 2024 Commonwealth Heads of Government Meeting, which was held the same week in Samoa. The Independent observed that this is a sign the two Commonwealth of Nations states "place greater weight on maintaining relations with China and Russia than on the more diffuse attractions of CHOGM".[30]
Online
Two days before the start of the summit, Brazilian president Lula da Silva announced that he would not be attending in person due to a minor brain hemorrhage following a fall. However, he announced he would participate via videoconferencing. Foreign minister Mauro Vieira led the Brazilian delegation in place of da Silva.[31]
Host invited guests
Miguel Díaz-Canel, president of Cuba, was invited to the summit but stayed in Cuba due to the 2024 Cuba blackout. Aleksandar Vučić, president of Serbia, could not attend due to a conflicting visit from European Union representatives to Serbia. Both Cuba and Serbia sent representatives to the summit in place of their respective heads of state.[32]
Other attendees
See also
Notes and References
- Web site: BRICS summit opens in Russia's Kazan with Iran's president in attendance. 23 October 2024. IRNA English.
- Web site: BRICS Unveils Blockchain BRICS Pay . Altcoin Buzz . 2024-10-21 . 2024-10-21.
- Web site: 2024-10-18 . BRICS Pay payment System And Its Necessity . 2024-10-21 . ETV Network.
- Web site: 金砖国家计划在"金砖支付"框架内试验本币结算 . 财联社-主流财经新闻集团和财经通讯社-CLS.CN . zh . 2024-10-21.
- Web site: 2024-10-18 . 喀山峰会:金砖国家从口号转向行动的进展如何? . 2024-10-21 . . zh.
- Web site: BRICS Summit 2024: Kazan Declaration airs concerns over 'coercive measures' . Hindustan Times . 2024-10-24 . 2024-10-24.
- Web site: BRICS leaders adopt joint declaration following summit in Kazan . English.news.cn . 2024-10-24 . 2024-10-24.
- Web site: BRICS countries stress urgent need for cease-fire in Gaza . Anadolu Ajansı . 2024-10-23 . 2024-10-24.
- Web site: FACTOBOX Main points from the BRICS declaration . Reuters . 2024-10-23 . 2024-10-24.
- Web site: Kemelova . Fatima . Kazakh President Takes Part in BRICS Summit . The Astana Times . 2024-10-24 . 2024-10-25.
- Web site: Norman . Izzah Aqilah . Malaysia, Indonesia, Vietnam and Thailand become partner countries of BRICS . CNA . 2024-10-24 . 2024-10-25.
- Web site: 习近平同俄罗斯总统普京举行会晤_中华人民共和国外交部 . 中华人民共和国外交部 . 2024-10-23 . zh . 2024-10-23.
- Web site: Bao . Anniek . 2024-10-23 . China and Russia's 'profound' ties will not change despite 'turbulent' geopolitical landscape, Xi tells Putin . 2024-10-23 . CNBC . en.
- Web site: "Greater BRICS cooperation" contributes vitality, wisdom to global governance . People's Daily Online . 2024-10-22 . 2024-10-24.
- Web site: Xi advocates high-quality development of greater BRICS cooperation . English.news.cn . 2024-10-24 . 2024-10-24.
- Web site: Xi advocates high-quality development of greater BRICS cooperation . The State Council of the People's Republic of China . 2024-10-23 . 2024-10-24.
- Web site: Putin, Xi discuss payment issues at bilateral talks: Report . 2024-10-23 . Deccan Herald . en.
- Web site: Farooquee . Meryl Sebastian & Neyaz . Brics: What led to Modi and Xi meeting and thaw in India and China ties . BBC Home . 2024-10-24 . 2024-10-25.
- Web site: 习近平会见印度总理莫迪 . 中华人民共和国外交部 . 2024-10-24 . zh . 2024-10-25.
- News: 2024-10-23 . BRICS Summit 2024 Highlights: PM Modi, President Xi endorse India-China patrolling agreement . 2024-10-24 . The Hindu . en-IN .
- Web site: China's Xi and India's Modi meet after border accord between two countries . 2024-10-23 . Al Jazeera . en.
- Web site: Modi-Xi Meeting: A Milestone In The Making For India-China Relations? . News18 . 2024-10-24 . 2024-10-25.
- Web site: PM Modi, Chinese President Xi's meeting 'positive and put bilateral ties back on track': JNU Professor . Lokmat Times . 2024-10-25 . 2024-10-25.
- Web site: Modi and Xi meet days after announcing border accord . Khmer Times - Insight into Cambodia . 2024-10-24 . 2024-10-25.
- Web site: In a first, PM Modi meets Iranian President Pezeshkian, discusses India's role in resolving middle east tension . The Indian Express . 2024-10-22 . 2024-10-26.
- Web site: Khan . Mohsin . Watch . Hindustan Times . 2024-10-23 . 2024-10-26.
- Web site: PM Modi Holds Bilateral Talks With Iranian President At BRICS Summit . 2024-10-23 . NDTV.com.
- Web site: October 22, 2024 . South Africa sees Russia as a valued ally, Ramaphosa tells Putin . October 22, 2024 . Reuters.
- Web site: 2024-10-22 . South Africa sees Russia as a valued ally, Ramaphosa tells Putin . 2024-10-23 . www.cnbcafrica.com . en.
- News: Who is attending the Commonwealth summit and what will they talk about? . 24 October 2023 . The Independent . 24 October 2023.
- News: Ayres . Marcela . Brazil's Lula cancels BRICS trip after minor brain hemorrhage from fall . 21 October 2024 . Reuters.
- Web site: Post . Kyiv . 2024-10-22 . Three Leaders to Skip BRICS Summit in Kazan Despite Putin's Invite . 2024-10-23 . Kyiv Post . en.
- News: 22 October 2024 . Armenian Prime Minister to attend BRICS summit . 22 October 2024 . ARKA News Agency.
- News: 23 October 2024 . Putin returns to world stage hosting 36 leaders at Brics summit in Russia. 23 October 2024 . The Guardian.
- Web site: Filippov . Alexey . 2024-10-23 . 16th BRICS summit. Foreign Minister of Bahrain Abdullatif bin Rashid Alzayani . 2024-10-24 . BRICS 2024 Summit Photobank . en.
- News: 21 October 2024 . Foreign secretary to lead Bangladesh delegation at BRICS Summit in Kazan. 23 October 2024 . The Business Standard.
- Web site: 2024-10-23 . Congo : After Francophonie snub, Sassou-Nguesso expected in Russia for BRICS summit . 2024-10-23 . Africa Intelligence . en.
- Web site: Cuba's top diplomat says he arrives in Kazan to attend BRICS Summit . 2024-10-23 . TASS.
- Web site: 2024-10-21 . Menlu Sugiono Bakal Langsung Terbang ke Rusia Hadiri KTT BRICS. 2024-10-22 . detik. id.
- Web site: 2024-10-23 . President of Kazakhstan touches down in Russia's Kazan to attend BRICS summit . 2024-10-23 . Trend.Az . en.
- Web site: President Sadyr Japarov arrives on official visit to Kazan . 2024-10-23 . akipress.com.
- Web site: Chanthavong . Namfon . 2024-10-23 . Chinese, Lao Presidents Discuss Bilateral Cooperation at BRICS Summit . 2024-10-23 . Laotian Times . en-US.
- Web site: Rafizi will address key issues for global south in BRICS summit. thesun.my.
- Web site: Mauritanian president arrives in Kazan — Tatarstan State Council . 2024-10-23 . TASS.
- Web site: BERNAMA . 2024-03-09 . Head of the Presidential Administration of Mongolia Gombojavyn Zandanshatar arrives in Kazan. 2024-10-23 . en.
- Web site: Top diplomat to lead Nicaragua's delegation to BRICS summit in Kazan . 2024-10-23 . TASS.
- News: 22 October 2024 . President Abbas arrives in Kazan to participate in BRICS summit . 22 October 2024 . Wafa.
- Web site: Vučić neće prisustvovati samitu BRIKS-a, u Kazanj ide Vulin - Vreme . 2024-10-23 . vreme.com . sr-RS.
- Web site: 2024-10-22 . Sri Lanka ministry secretary to address BRICS leaders summit . 2024-10-23 . EconomyNext . en.
- Web site: 2024-10-23 . Serbia eyes BRICS partnership as top officials attend summit in Kazan . 2024-10-23 . www.intellinews.com . en.
- Web site: Emomali Rahmon flew to Kazan for the BRICS summit Tajikistan News ASIA-Plus . 2024-11-08 . asiaplustj.info.
- News: Litvinova . Dasha . 22 October 2024 . Putin hosts a summit to show the West it can't keep Russia off the global stage . 22 October 2024 . Associated Press.
- Web site: 2024-10-23 . President of Turkmenistan arrives in Russia's Tatarstan to participate in BRICS summit . 2024-10-23 . Trend.Az . en.
- Web site: 2024-10-22 . Maduro arrives in Kazan for BRICS Summit - Prensa Latina . 2024-10-23 . en-US.
- Web site: 2024-10-19 . Vietnam premier to attend expanded BRICS summit in Russia. 2024-10-21 . tuoitrenews.vn. en.
- Web site: UN announces Guterres' attendance at BRICS summit in Russia. www.aa.com.tr.
- Web site: Agencies . 2024-10-24 . PM holds bilateral talks with Uzbek, UAE Presidents on BRICS sidelines . 2024-10-23 . www.millenniumpost.in . en.