World leaders gather in Kazan for Brics summit to discuss global finance and Middle East conflict

dawn.com October 21, 2024, 05:01 AM UTC

Summary: World leaders will gather in Kazan, Russia, from October 22 to 24 for a Brics summit. Key attendees include UN Secretary General Antonio Guterres, Chinese President Xi Jinping, and Brazilian President Luis Inacio Lula da Silva. Indian Prime Minister Narendra Modi is also expected.

The summit will focus on a proposed Brics payment system to compete with SWIFT, which Russian banks were cut off from in 2022. Discussions will also address the ongoing conflict in the Middle East.

Russia aims to demonstrate its global partnerships and challenge Western influence through Brics. The Kremlin emphasizes a multipolar world guided by international law, contrasting with what it views as U.S.-dominated rules.

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Timeline:

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    Putin hosts BRICS summit in Kazan to strengthen ties with global leaders (economictimes.indiatimes.com)
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  2. [5.1]
    Putin hosts summit in Kazan with leaders from China, India, Turkey, and Iran (inquirer.net)
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  8. [4.4]
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  12. [6.0]
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