The BRICS Summit continues in Kazan, Russia on October 23, 2024 with an anticipated bilateral meeting between Indian Prime Minister Narendra Modi and Chinese President Xi Jinping. This follows a successful first day where PM Modi met with Russia's President Vladimir Putin and Iran's President Masoud Pezeshkian. The summit has also seen discussion on the ongoing Russia-Ukraine crisis, with over 30 countries expressing interest in joining the BRICS alliance. Follow live updates for more.
BRICS Summit 2024: A Comprehensive Overview
Introduction
The BRICS Summit, an annual gathering of the leaders of Brazil, Russia, India, China, and South Africa (BRICS), is a significant international event that has garnered global attention. The 2024 summit in Kazan, Russia, promises to be particularly noteworthy.
Key Developments at the 2024 Summit
Background of BRICS
BRICS was established in 2006 as a loose alliance of emerging economies. The bloc aims to promote cooperation in areas such as trade, investment, and security. BRICS represents nearly half of the global population and over a quarter of global GDP.
Top 5 FAQs Related to BRICS
1. What are the main objectives of BRICS?
2. What are the challenges facing BRICS?
3. What is the significance of the 2024 BRICS Summit?
4. What is the New Development Bank (NDB)?
5. What is the BRICS Contingency Reserve Arrangement (CRA)?
In a concerning move, 12,000 North Korean soldiers are set to arrive in the Kursk region of Russia today to support Vladimir Putin's forces. The region has been partially occupied by Ukrainian forces since August, and the arrival of these troops has raised tensions even higher. Ukraine's military intelligence has confirmed the deployment, but the exact number of troops and their weapons is still unknown. President Volodymyr Zelensky has called on allies to take action against this move, stating that it is not just a war in Europe, but an invasion that must be stopped.
After days of negotiations, India announced Monday that an agreement had been reached with China on patrolling arrangements along the Line of Actual Control. However, China did not mention this in a media briefing in Beijing the following day, raising questions about the implementation of the pact. In New Delhi, Army chief General Upendra Dwivedi emphasized the need for trust-building measures between the two countries in order for the agreement to be successful.
As tensions rise between North Korea and Ukraine, South Korea vows to take action in response to the deployment of North Korean troops to Russia. In addition to potential advisors and heavy weapons being sent to Ukraine, there are also reports of fighter pilots being sent to Russia. This military cooperation between North Korea and Russia is seen as a violation of U.N. Security Council resolutions and poses a significant security threat to the international community. As the situation develops, South Korea is prepared to take "phased measures" in response to their military ties.
Prime Minister Narendra Modi has landed in Kazan, Russia to attend the 16th BRICS Summit. He is expected to hold bilateral meetings with leaders from BRICS countries, including Russian President Vladimir Putin and Chinese President Xi Jinping. The summit is the first since the grouping was expanded last year. In a statement, PM Modi emphasized the importance of BRICS as a platform for international cooperation and discussed strengthening partnerships in various sectors with Putin during their meeting. Stay updated on the latest updates from the summit with our live blog.
Chinese President Xi Jinping and Russian President Vladimir Putin met on Tuesday during the BRICS summit in Kazan, Russia. Putin hailed the growing cooperation between the two countries as a stabilising factor for the world, while Xi highlighted their strong relationship and the need for a just world order. Both leaders emphasized the non-alliance and non-confrontational approach to their relationship, which they say is a model for neighboring major countries. This is a developing story and more details will be released.
Prime Minister Narendra Modi's two-day visit to Russia for the BRICS Summit 2024 has kicked off with several bilateral summits discussing key issues such as India-Russia ties, the war in Ukraine, and conflicts with Iran and Israel. The summit, with the theme of 'Strengthening Multilateralism,' will see discussions on global issues and includes new member nations - Iran, Egypt, Ethiopia, and the United Arab Emirates. As major emerging economies, the BRICS group comprises 41% of the world population and 24% of the world GDP, making it an important platform for discussions on global development and security.
Atmospheric conditions over the Bay of Bengal have facilitated the intensification of a low-pressure area into a depression, which is expected to transform into a severe cyclonic storm by October 23. The storm is predicted to make landfall on October 24, causing heavy rainfall and strong winds along the coasts of Odisha and West Bengal for three days. The Indian Meteorological Department has issued warnings for fishermen and local authorities to prepare for potential damages, and has designated hundreds of cyclone shelters to accommodate evacuees.
South Korea's foreign ministry has called the Russian ambassador to discuss North Korea's reported dispatch of 1,500 troops to train and potentially fight alongside Russian forces in Ukraine. VP Foreign Minister Kim expressed strong condemnation, while the Russian embassy stated that their cooperation with North Korea is in line with international law and not directed against South Korea. The U.S. and NATO also expressed concern and potential escalation if these reports are confirmed.
Indian Prime Minister Narendra Modi arrived in Kazan, Russia to attend the 16th BRICS Summit and was welcomed by Rustam Minnikhanov. On the sidelines, Modi held bilateral talks with Russian President Vladimir Putin, discussing issues such as the Russia-Ukraine conflict. Modi also congratulated Russia on its successful BRICS presidency, stating that many countries are now interested in joining the grouping. The annual summit in July strengthened cooperation in various fields between India and Russia.