Source: MEA
Context: The 16th BRICS Summit saw the leaders adopt the Kazan Declaration: ‘Strengthening Multilateralism For Just Global Development And Security’
16th BRICS Summit, 2024:
- Host: The 16th BRICS Summit was hosted by Russia in Kazan from October 22 to October 24, 2024.
- Theme: “Strengthening Multilateralism for Just Global Development and Security”.
- Participants: Leaders of BRICS nations (Brazil, Russia, India, China, and South Africa) along with new partner countries including Egypt, Ethiopia, Iran, Saudi Arabia, and the UAE.
- Objective: Discussing economic cooperation, multilateralism, geopolitical concerns, and the interests of the Global South.
Kazan Declaration – Key outcomes:
| Key Area | Highlights |
| Geopolitical Concerns | Call for peaceful resolution to the Ukraine conflict through diplomacy. |
| Concerns over the humanitarian crisis in Palestine and condemnation of violence in Gaza, West Bank, and Lebanon. | |
| Global Governance & Multilateralism | Emphasis on the reform of global financial architecture and multilateralism. |
| Support for the continued functioning of the G20 and a reformed, responsive global financial system. | |
| Economic Cooperation | Promotion of local currencies for cross-border payments to reduce trade barriers. |
| Agreement to explore the establishment of a BRICS Grain Exchange and a BRICS Cross-Border Payment System. | |
| Pandemic Preparedness & Health | Support for the BRICS R&D Vaccine Center and Early Warning Systems for infectious diseases. |
| Addressing antimicrobial resistance and enhancing healthcare collaboration. | |
| Environmental Conservation | Support for India’s Big Cats Conservation initiative and collaboration on protecting endangered species. |
| Expansion & Partnerships | Welcoming new BRICS partners from Egypt, Ethiopia, Iran, Saudi Arabia, and the UAE, expanding the bloc’s influence in the Global South. |
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