The BRICS summit runs from Oct. 22 to Oct. 24, where countries in and/or are looking to join the alliance will discuss abandoning the US dollar and creating a common currency for trade and investment between each other. Some of the countries in attendance include Brazil, India, China, South Africa, Iran, Eqypt, and the United Arab Emirates.
Russian officials and analysts are adamant that the summit serves as a testament to the Kremlin's enduring influence on the global stage and the inadequate effectiveness of Western sanctions to isolate Putin. The Kremlin's objective in convening the BRICS in Kazan is to demonstrate that Russia is not isolated and has allies and partners, said Konstantin Kalachev, a political analyst based in Moscow, as per the Daily Mail.
Speaking on Moscow's endeavors to transfer power from the West to other regions, Kalachev said that the Kremlin is interested in demonstrating an "alternative to Western pressure" and that the "multipolar world is a reality."
Putin told BRICS nations reporters that "BRICS does not put itself in opposition to anyone" and that "this is an association of states that work together based on common values, a common vision of development, and, most importantly, the principle of taking into account each other's interests."
At the same time, Western analysts acknowledge the emergence of BRICS as a sign of the trend toward a multipolar world order; however, they remain skeptical of Russia's efforts to motivate its members to effect significant geopolitical change.
