- BRICS called for an immediate ceasefire in Gaza, condemning Israel’s military actions.
- Modi and Xi Jinping held their first bilateral talks in five years to ease border tensions.
- BRICS discussed reducing reliance on the U.S. dollar and fostering multilateral cooperation.
At the 2024 BRICS Summit in Kazan, leaders of the expanded group, including Brazil, Russia, India, China, and South Africa, called for an immediate ceasefire in Gaza.
The declaration denounced Israel’s military actions, particularly criticizing civilian casualties and humanitarian conditions in the region.
Strengthening Global Ties: BRICS Summit’s Call for Peace and Economic Reforms
Beyond the Gaza conflict, Indian Prime Minister Narendra Modi and Chinese President Xi Jinping met for the first time in five years to address the border tensions between their countries. This diplomatic engagement, along with discussions on reducing dependence on the U.S. dollar in global trade, highlighted the group’s intention to strengthen multilateralism and build a more diversified global economy. Turkey’s President Erdogan also attended, reflecting the wider interest in BRICS’ growing global role.
Significantly, Indian Prime Minister Narendra Modi and Chinese President Xi Jinping held their first bilateral talks since 2019, marking a step forward in resolving the border tensions in eastern Ladakh. Their discussions signal a potential diplomatic breakthrough between the two nations, reaffirming the importance of regional stability as a critical factor for economic and political cooperation within BRICS.
The BRICS leaders also emphasized the need to reduce reliance on the U.S. dollar in international trade, a move that reflects the group’s ambition to reshape the global financial system. Russian President Vladimir Putin pointed out the rising share of national currencies, such as the ruble, in trade, which has grown significantly due to global geopolitical shifts and sanctions on Russia.
Turkey’s President Recep Tayyip Erdogan participated in the summit, expressing interest in closer collaboration with BRICS. His involvement highlights the increasing relevance of the group in global economic and political affairs, positioning BRICS as a major player in multilateral discussions across various regions, including the Middle East and beyond.
The 2024 BRICS Summit marked a pivotal moment for the group’s expanding global role, with its focus on addressing both geopolitical conflicts and economic reforms. BRICS has reinforced its position as a leading force in shaping a multipolar world order.
“We reiterate our grave concern at the deterioration of the situation and humanitarian crisis in the Occupied Palestinian Territory.” – BRICS Kazan Declaration
