The upcoming BRICS summit in Russia, with its expanded membership, signals a potential shift in global power dynamics as emerging economies seek greater influence.
Putin will drive that message home in Kazan from October 22-24 as he positions the
as part of Beijing's wider strategy to position itself as a leader for the developing countries in the so-called Global South. 'Putin explicitly said that the in 2010 with the addition of South Africa. The group was designed to bring together the world's most-important developing countries to form an alternative to the political and economic power of the wealthier nations of North America and Western Europe.
The globally scattered members of but also maintain strong ties and membership in Western-led groupings and political bodies. Financial coordination is a top issue for the group as leaders look to lessen the dominance of the U.S. dollar in global trade, with Brazil and Russia even suggesting the creation of a
BRICS Summit Russia China Global South Emerging Economies De-Dollarization International Trade Geopolitical Influence Western Dominance
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