Russia: Putin Hosts 36 Leaders at BRICS Summit

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Facts

  • World leaders from 36 nations including China's Xi Jinping and India's Narendra Modi arrived in the Russian city of Kazan for the three-day BRICS summit on Tuesday.[1]
  • The summit's main goal is to accelerate efforts to minimize the number of dollar transactions, thereby limiting the US' ability to exercise the threat of sanctions to impose its influence on global geopolitics.[2][1]
  • Putin stated to Xi that the alliance between Russia and China plays a constructive role in global affairs, serving as a stabilizing force in the world. He added, 'We intend to further increase coordination in all multilateral platforms to ensure global security and a just world order.'[3]
  • At the start of the Wednesday meeting, Putin stated that the agenda included deepening financial cooperation, developing other options to Western-centric payment systems, resolving regional issues, and expanding the membership of BRICS.[4]
  • Putin will hold roughly 20 bilateral talks with visiting heads of state, as well as a session with UN Secretary-General Antonio Guterres on Thursday — their first meeting in over two years.[5][6]
  • Initially, the BRICS alliance was founded by Brazil, Russia, India, China, and South Africa. It soon expanded to include Egypt, Ethiopia, Iran, the UAE, and Saudi Arabia. BRICS has received applications from Azerbaijan, Malaysia, and Turkey, while other countries also expressed interest.[7]

Sources: [1]Al Jazeera, [2]Guardian, [3]Dw.Com, [4]ABC News, [5]Barrons, [6]PBS NewsHour and [7]Voice of America.

Narratives

  • Pro-establishment narrative, as provided by Axios. The 16th BRICS summit in Kazan, Russia, is very important for the Putin regime, but the fact is that Putin, a wanted war criminal, is becoming increasingly isolated on the global stage. He needs the support and assistance of BRICS nations to continue his war in Ukraine. All told, BRICS does not pose a major threat to US and Western security.
  • Establishment-critical narrative, as provided by TASS and TASS. Russia is not as isolated as Western leaders want to think. A huge number of world leaders are going to Russia for the 16th BRICS summit to exchange perspectives on current global and regional challenges, as well as to address politics and security, the economy, and finance. The United States' hegemonic domination is at its end point and the world is now a multipolar one.

Predictions