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BRICS grows, adding 13 new 'partner countries' at historic summit in Russia
BRICS held a summit in Kazan, Russia in October 2024, where 13 new "partner nations" were accepted. This followed the 2023 meeting in Johannesburg, South Africa, where several members were invited to join. Ben Norton analyzes the historic events, and shows how the Global South is building a more multipolar world.
BRICS MEMBERSHIP (9 members + 13 partner countries)
- 5 original members are Brazil, Russia, India, China, and South Africa.
- 4 new members officially admitted in January 2024 are Egypt, Ethiopia, Iran, and UAE. (Saudi Arabia has not accepted. Argentina rejected the offer.)
- 13 "partner countries" are Algeria, Belarus, Bolivia, Cuba, Indonesia, Kazakhstan, Malaysia, Nigeria, Thailand, Türkiye, Uganda, Uzbekistan, and Vietnam.
Check out our related report - BRICS plans ‘multi-currency system’ to challenge US dollar dominance: https://geopoliticaleconomy.com/2024/10/19/brics-russia-multi-currency-system-us-dollar/
Topics
0:00 BRICS expands
1:55 BRICS: 1/3rd of global GDP, 40% of population, 30% of oil production
2:40 Compare BRICS & G7
3:44 Saudi Arabia has not accepted offer; Argentina rejected
5:17 Leaders at 2024 summit in Kazan, Russia
6:48 China & India resolve border dispute
10:06 Unipolar domination vs multipolarity
11:04 Xi Jinping's speech
12:23 Plans to transform international monetary & financial system
13:24 Bretton Woods, US dollar, IMF, World Bank
15:19 BRICS grain exchange (commodities exchange)
17:17 Bolivia condemns "Western unipolarity & tyranny of the dollar"
20:19 Kazan declaration summary
25:49 Israel, Palestine, Gaza, Lebanon
27:16 Syria & Iran
28:27 Opposing nuclear weapons & space arms race
29:20 Outro
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