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28 October 2024

BRICS Summit Unites Global South For Future Cooperation

Leaders gather in Kazan to discuss unity and challenges faced by BRICS and its expansion goals

The global stage is set for the 16th BRICS summit, taking place in Kazan, Russia, with leaders from the member states and invited countries gearing up to engage on pressing international issues. This summit marks another significant step for BRICS, originally consisting of Brazil, Russia, India, China, and South Africa, which has recently expanded to include more nations eager to participate. The growing membership not only boosts its economic clout, potentially amassing over 30% of global GDP, but also reflects the group's ambition to serve as a counterhegemony to Western dominance.

BRICS countries together account for around 25% of global GDP and 40% of the world's population. With this diverse coalition, BRICS aims to strengthen its position on the world stage, promoting cooperation among developing nations and pushing back against the influence of Western-led alliances. The organization operates without traditional structures seen in other international alliances, lacking centralized leadership or official headquarters. Yet, it seeks to present itself as a formidable bloc against Western interests, maintaining the flexibility to adapt to its members' varying political and economic realities.

Lately, the group has come under scrutiny for its duality, with observers noting the distinct blocs forming within BRICS. On one hand, you have the “Global East” led by China and Russia, known for countering U.S. influence, and on the other, the more neutral members like Egypt and the UAE, which maintain ties with the West, creating what some analysts describe as internal divergence within this supposedly united front.

The recent remarks by Chinese President Xi Jinping at the Kazan summit have drawn significant international attention. Xi underscored the need for solidarity and shared objectives among BRICS nations, pushing for the organization to be the `vanguard for global governance reform`. He emphasized the importance of making BRICS `the primary channel for strengthening solidarity and cooperation among Global South nations`, signaling China's commitment to fostering unity within diverse political landscapes.

During his address, Xi painted BRICS not as `a motley crew` but rather as a dynamic coalition dedicated to impactful cooperation rather than mere discussions. The significance of services such as the New Development Bank (NDB), established to fund sustainable development projects, highlights this practical approach. With over $35 billion allocated to projects across BRICS nations, the NDB serves as a cornerstone of the organization's financial strategy.

International observers have praised Xi's focus on high-quality development as not merely aspirational but necessary for all developing countries. Alexander Babakov, the deputy chairman of the Russian State Duma, remarked on the clarity and importance of Xi's proposals for the future of BRICS, recognizing their pivotal role as the nations strive for collective advancement. The summit aims to present these ideas not just as theoretical concepts but as actionable strategies.

Former Kyrgyz Prime Minister Temir Sariyev noted the parallels between Xi's initiatives for the Global South and China's Belt and Road Initiative, stressing China's readiness to share its modernization expertise. This shows China's intent not to dominate but to promote mutual growth among nations of the Global South, fostering international development opportunities.

Comments from global analysts reiterate the essence of Xi’s vision for BRICS. Observers point out how, since Xi's leadership, the organization has increasingly embraced multilateralism through various initiatives—including the recent BRICS+ format, which invites other nations to collaborate, enriching the coalition’s diversity and strength.

Notably, the summit will also address pressing issues affecting the Global South, such as climate change, economic stability, and geopolitical tensions, making it clear BRICS is pivoting toward becoming the voice of this demographic on the international scene. With over 60 countries expressing interest or having applied to join BRICS, the movement toward greater inclusivity showcases its appeal among nations seeking alternatives to traditional Western-led frameworks.

Experts argue this summit is not merely about BRICS cementing its influence but about redefining what global cooperation can resemble today. Building on the foundational principles of openness and inclusivity, BRICS aims to redefine relations among developing countries—one where the focus is on collaborative growth rather than competition, and where countries do not feel compelled to align strictly with either Western or Eastern blocs.

Looking forward, the BRICS summit serves as both a demonstration of the bloc's ambitions and the realities of geopolitical maneuverings. Whether BRICS can effectively leverage its growing power and influence will hinge upon the collaboration and commitment of its members to shared goals, solidarity, and equality on the world stage.

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