BRICS Summit Expands Membership, Challenges Western Influence

The recent BRICS summit in Russia highlighted geopolitical shifts as the group seeks to create alternatives to Western economic systems.

The BRICS alliance, initially comprising Brazil, Russia, India, China, and South Africa, has expanded to include Egypt, Ethiopia, Iran, and the UAE, with Saudi Arabia considering membership.
BRICS aims to reduce reliance on the US dollar and provide an alternative to Western-led institutions like the G7, focusing on collaboration among emerging economies.
The Kazan Declaration from the summit criticized Israel's actions in Gaza and the West Bank, reflecting the group's political stance influenced by members like Iran and South Africa.
Despite media attention, the economic impact of BRICS remains uncertain, with questions about its ability to disrupt Western economic dominance or establish a new international currency.
Russian President Vladimir Putin used the summit to bolster his global influence, promoting a multipolar world order and countering Western sanctions with support from key partners like China and India.