Putin hosts global south leaders at BRICS summit
Russian President Vladimir Putin, the three-day meeting also offers a powerful way to demonstrate the failure of US-led efforts to isolate Russia over its action in Ukraine
AP
Kazan (Russia), 22 Oct
China's Xi
Jinping, India's Narendra Modi and other global leaders arrived Tuesday in the
Russian city of Kazan for a summit of the BRICS bloc of developing economies
that the Kremlin hopes to turn into a rallying point for defying the Western
liberal order.
For Russian
President Vladimir Putin, the three-day meeting also offers a powerful way to
demonstrate the failure of US-led efforts to isolate Russia over its action in
Ukraine. Kremlin foreign affairs adviser Yuri Ushakov touted the summit as “the
largest foreign policy event ever held” by Russia, with 36 countries attending
and more than 20 of them represented by heads of state.
The
alliance that initially comprised Brazil, Russia, India, China and South Africa
has expanded rapidly to embrance Iran, Egypt, Ethiopia, the United Arab
Emirates and Saudi Arabia. Turkey, Azerbaijan and Malaysia have formally
applied to become members, and a few others have expressed an interest in
joining.
Observers
see the BRICS summit as part of the Kremlin's efforts to showcase support from
the Global South amid spiralling tensions with the West and help expand
economic and financial ties.
Proposed
projects include the creation of a new payment system that would offer an
alternative to the global bank messaging network SWIFT and allow Moscow to
dodge Western sanctions and trade with partners.
Putin is
set to hold about 20 bilateral meetings on the sidelines of the summit,
including Tuesday's encounters with China's Xi, India's Modi and South African
President Cyril Ramaphosa.
On
Thursday, Putin is also set to meet with United Nations Secretary-General
Antonio Guterres, who will be making his first visit to Russia in more than two
years. Guterres has repeatedly criticized Russia's action in Ukraine.-AP
Leave a Reply
Your email address will not be published. Required fields are marked *