BRICS SUMMIT 2024: A CLOSER LOOK
The 16th BRICS Summit is currently underway in Kazan, Russia, from October 22nd to 24th, 20241. This year’s summit is notable for the inclusion of four new members: Egypt, Ethiopia, Iran, and the United Arab Emirates, expanding the group’s reach and influence1. The summit brings together leaders from Brazil, Russia, India, China, South Africa, and the new members to discuss global economic and political issues1. Key Discussions and Objectives The summit’s agenda includes several key objectives, such as the creation of a new payment system to offer an alternative to the global bank messaging network SWIFT, which would help member countries avoid Western sanctions1. Additionally, Russia is proposing…