The 16th BRICS Leaders’ Summit was held from October 22 to 24, in Kazan, Russia. This was the first summit since the expansion of BRICS from five countries to nine, which China called it the “Big BRICS.”
Xinhua News Agency published several commentaries stressing the importance of the summit. One commentary said that China has left a significant mark on BRICS’ growth journey. From proposing the “BRICS Spirit” to initiating the “BRICS+” cooperation model, from launching the new “three-pillar” stages of cooperation (political security, economic and financial affairs, cultural exchange) to Xin Jinping’s new speech of five points on BRICS development (“Peaceful BRICS,” “Innovative BRICS,” “Green BRICS,” “Just BRICS,” and “Cultural BRICS”), China has provided a roadmap and direction to advance BRICS cooperation from a new starting point.
Another commentary said that global affairs should be handled through joint consultation, international rules should be formulated and observed by all countries together, and the benefits of governance should be shared by everyone. This is a common pursuit of many “Global South” countries. The BRICS cooperation mechanism is working to make the global governance system more balanced and more representative.
Source:
1. Xinhua, October 25, 2024
http://www.xinhuanet.com/world/20241025/eb0fb38f28404e13b76905c007758991/c.html
2. Xinhua, October 21, 2024
http://www.news.cn/world/20241021/d24e1181b5e24ad8a319993d6f94c621/c.html