Putin hosts Global South leaders at summit intended to counterbalance Western clout

Date:

Share post:


China’s Xi Jinping, India’s Narendra Modi and other global leaders have arrived 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

KAZAN, Russia — 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 U.S.-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 spiraling 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.



Source link

Lisa Holden
Lisa Holden
Lisa Holden is a news writer for LinkDaddy News. She writes health, sport, tech, and more. Some of her favorite topics include the latest trends in fitness and wellness, the best ways to use technology to improve your life, and the latest developments in medical research.

Recent posts

Related articles

North Korea and Russia agree to expand their economic cooperation

SEOUL, South Korea -- North Korea and Russia reached a new agreement for expanding economic cooperation following...

Stock market today: Asian shares mostly slip despite Nvidia's solid earnings report

TOKYO -- Asian shares were mostly lower on Thursday after a mixed close on Wall Street, with...

Feds outline 'necessary steps' for Colorado River agreement by 2026 but no recommendation yet

LAS VEGAS -- Federal water officials made public on Wednesday what they called “necessary steps” for seven...

A social media ban for children younger than 16 is introduced in Australia's Parliament

MELBOURNE, Australia -- Australia’s communications minister introduced a world-first law into Parliament on Thursday that would ban...

As US ramps up nuclear power, fuel supplier plans to enrich more uranium domestically

OAK RIDGE, Tenn. -- A supplier of fuel for nuclear power plants announced a $60 million expansion...

How major US stock indexes fared Wednesday, 11/20/2024

U.S. stocks drifted to a mixed finish, though the modest moves for indexes masked some thrashing underneath...

Workers at Kentucky electric vehicle battery production complex look to unionize

LOUISVILLE, Ky. -- Workers hired for a sprawling electric vehicle battery production complex in Kentucky have launched...

From fashion to sports, coffee table books are great holiday options

Stumped on a holiday gift? Reach for a coffee table book.The sometimes pricey, often large-format books are...