Kazan Declaration:
The 16th BRICS Summit saw the leaders adopt the Kazan Declaration: ‘Strengthening Multilateralism For Just Global Development And Security’
- The 16th BRICS Summit was hosted by Russia in Kazan from October 22 to October 24, 2024.
- Theme: “Strengthening Multilateralism for Just Global Development and Security”.
- Participants: Leaders of BRICS nations (Brazil, Russia, India, China, and South Africa) along with new partner countries including Egypt, Ethiopia, Iran, Saudi Arabia, and the UAE.
- Highlights:
- Geopolitical Concerns Call for peaceful resolution to the Ukraine conflict through diplomacy.
- Concerns over the humanitarian crisis in Palestine and condemnation of violence in Gaza, West Bank, and Lebanon.
- Global Governance & Multilateralism Emphasis on the reform of global financial architecture and multilateralism.
- Support for the continued functioning of the G20 and a reformed, responsive global financial system.
- Economic Cooperation Promotion of local currencies for cross-border payments to reduce trade barriers.
- Agreement to explore the establishment of a BRICS Grain Exchange and a BRICS Cross-Border Payment System.
- Pandemic Preparedness & Health Support for the BRICS R&D Vaccine Center and Early Warning Systems for infectious diseases.
- Addressing antimicrobial resistance and enhancing healthcare collaboration.
- Environmental Conservation Support for India’s Big Cats Conservation initiative and collaboration on protecting endangered species.
- Expansion & Partnerships Welcoming new BRICS partners from Egypt, Ethiopia, Iran, Saudi Arabia, and the UAE, expanding the bloc’s influence in the Global South.
