Journalists are gathering for Putin's press conference, which will be one of the final events of the BRICS summit in Kazan, reports a Sputnik correspondent.

#BRICS2024

📌Subscribe to @SputnikInt

Sputnik columnist Pepe Escobar provides a first-hand look at the HIGH ENERGY atmosphere ahead of Putin's press conference on the sidelines of the BRICS summit in Kazan.

#BRICS2024

📌Subscribe to @SputnikInt

🌍🌍🌍 BRICS Summit in figures, or how Russia smashed through West’s illusory ‘isolation’

As the 16th BRICS Summit in Kazan comes to a close, numbers tell a story about what was accomplished.

Leaders and meetings

🔸 The summit was attended by leaders and high-ranking officials from 36 countries, 24 represented at the highest level, according to Kremlin aide Anton Kobyakov. Heads of six international organizations, including the United Nations, were also in attendance.

🔸 Putin held 17 meetings with foreign leaders on the sidelines of the Summit to discuss both the BRICS agenda and bilateral issues.

XVI BRICS Summit Kazan Declaration

🔸 The Summit’s official declaration has 134 provisions and is divided into four sections, highlighting the bloc’s plans to create “a more just and democratic world order,” enhance “cooperation for global and regional stability and security,” “foste[r] economic and financial cooperation” and strengthen “people-to-people exchanges for social and economic development.”

🔸 The declaration mentioned ‘cooperation’ 107 times, ‘multilateralism’ 22 times, and ‘partnership’ 15 times.

Cultural program

🔸 Guests were treated to an array of culinary delights. Upon arrival in Kazan, for example, leaders and their delegations were treated to chak-chak, a sweet, calorific Tatar honey and dough treat. Authorities say a whopping 130 kg of the snack was prepared for delegates.

The Summit was also jampacked with cultural events, from an informal dinner and gala concert by BRICS artists to multiple photo and cultural exhibitions, a ballet performance, and a dazzling light show on the walls of the Kazan Kremlin.

🔸 Authorities also organized a ‘Made in Tatarstan’ exhibition, where guests could get acquainted with Russia’s world-famous KAMAZ trucks, as well as Ansat helicopters and Aurus luxury cars.

#BRICS2024

📌Subscribe to @SputnikInt

🌍🌍🌍 BRICS Summit in Kazan highlights ‘twilight of US hegemony, official launch of multipolar world order’

“The BRICS Summit in Kazan is undoubtedly one of the most important global political and diplomatic events of this year as it brought together the leaders of the expanded BRICS family for the first time,” Professor Alexis Habiyaremye, a senior researcher at the University of Johannesburg’s School of Economics, told Sputnik, summarizing the summit’s key results as it reached its final day.

“The grouping has now become the global growth engine and its economic muscle is by any measure stronger than that of the old hegemonic grouping. One can say that it's the official launch of the multilateral world order, the twilight of the US hegemony,” Habiyaremye emphasized.

“The most important outcomes are not simply the initiatives contained in the declaration, but above all, the strategic alignment of a such diverse group, and the gleam of the power it radiates by attracting new candidates such as Turkiye. Given the strategic role of Turkiye in the old hegemonic order, the presence of its leader at the Summit reflects the measure of BRICS' future in leading the global affairs,” the observer said.

Unlike that ‘old hegemonic order,’ the new one represented by BRICS highlights “the rejection of dominance and unilateralism,” and initiatives that “reflect a more balanced distribution of power and responsibilities.”

“Western international structures have used hidden tools such as ISDS (investor-state dispute settlement mechanism) and technology secrecy to keep colonial exploitation in place and loot the most vulnerable countries. The proposed new institutional structures [by BRICS] are hopefully going to contribute to dismantling this unfair old arrangement,” Habiyaremye summed up.

#BRICS2024

📌Subscribe to @SputnikInt

🎥🎥 PUTIN'S PRESS CONFERENCE

Vladimir Putin sums up the results of the 16th BRICS Summit in Kazan, Russia.

👉 Watch the livestream here or follow the link to Sputnik's website

#BRICS2024

📌Subscribe to @SputnikInt

Putin's statements during the press conference following the BRICS summit in Kazan:

🔸 BRICS is not a closed format; it is open to all who share its values.

🔸 Participants in the BRICS summit discussed key international issues with a focus on the situation in the Middle East.

🔸 All new BRICS members are taking the most active part in working forums, putting forward ideas and initiatives.

🔸 Russia is successfully doing everything possible to ensure that new BRICS members organically join the family.

🔸 Russia approaches the duties of BRICS chairmanship responsibly.

🔸 BRICS is not a closed format; it is open to all who share its values.

#BRICS2024

📌Subscribe to @SputnikInt

Putin's statements on BRICS financial policy during the press conference following the BRICS summit in Kazan:

🔸 BRICS states are committed to strengthening partnerships in the financial sector.

🔸 BRICS countries will develop communication between banks and create conditions for settlements in national currencies.

🔸 Russia proposes to extend Brazil's chairmanship in the New BRICS Development Bank.

#BRICS2024

📌Subscribe to @SputnikInt

❗️BRICS countries agreed on a list of partner states, however, it will not be made public at this time - Putin.

#BRICS2024

📌Subscribe to @SputnikInt

📹The BRICS+ outreach format has proven to be effective in cooperation with the countries of the Global South, Putin said.

#BRICS2024

📌Subscribe to @SputnikInt

📹 Russia has proposed extending Brazil's chairmanship in the BRICS Bank, Putin said.

#BRICS2024

📌Subscribe to @SputnikInt

Putin on the conflict in Ukraine:

🔸 It was not Russia's actions that led to the escalation in Ukraine.

🔸 Western countries actively armed the Kiev regime, leading to direct involvement of military personnel from NATO countries in the conflict.

🔸 Ukrainian forces cannot use Western missiles without the direct participation of NATO officers.

🔸 Many BRICS countries support the peace initiatives of China and Brazil on resolving the Ukrainian issue.

🔸 All BRICS countries are committed to ending the conflict in Ukraine peacefully, as soon as possible.

#BRICS2024

📌Subscribe to @SputnikInt

Putin on an alternative to the SWIFT system:

We are not creating any alternatives; we are pursuing the track of using national currencies.

#BRICS2024

📌Subscribe to @SputnikInt

❗️"Russia never doubted that North Korea takes Russian cooperation seriously. We are in contact with our North Korean friends," Putin said.

#BRICS2024

📌Subscribe to @SputnikInt

⚡️ "A group of 2,000 Ukrainian soldiers have been surrounded in the Kursk region, and the Russian army has started eliminating this group," Putin said.

📌Subscribe to @SputnikInt

Putin on the situation in the Kursk region:

🔸 Russian military is actively working in the Kursk area.

🔸 Russian army is acting confidently in all directions, moving forward across the entire battle line.

🔸 Russian military is eliminating Ukrainian sabotage groups in the Kursk region.

🔸 Some units of Ukraine's army in the Kursk region are blocked, with about 2,000 people surrounded.

📌Subscribe to @SputnikInt

🌍🌍🌍 BRICS Summit broke through Western propaganda, showed the world Putin’s ‘got a lot of friends’

💬 “The main thing is that President Putin shows that [despite] Western propaganda that he’s isolated, he’s got a lot of friends. A lot of presidents came to Russia,” Dr. Patrick Bond, distinguished professor of political economy at the University of Witwatersrand in Johannesburg, told Sputnik, summarizing the results of the 16th BRICS Summit in Kazan.

💬 “They have 20,000 delegates in Kazan, they have all of these other activities; it shows that the Russians take this very seriously. And that was historic,” Bond said.

There are a host of issues which need to be ironed out to turn BRICS into a genuine driver for global change, according to the professor, who cited ongoing disputes over new members – some of which face bilateral disagreements – like Egypt and Ethiopia’s dispute over water security.

💬 “So I think it was smart not to have new members this year and to wait until the old ones are digested,” Bond said.

On dedollarization too, a lot of work remains to be done, according to the professor. “I think that the essential dilemma is that many of the BRICS – South Africa, India, Brazil, have financial sectors that are tied to the dollar in a way that obviously Russia and Iran no longer are because of sanctions. And new members including Saudi Arabia potentially, the UAE and Egypt, which are also very tied to the United States."

Dedollarization is critical, Dr. Bond believes, emphasizing that as things are, the US Federal Reserve “prints money and then raises the interest rate and creates havoc in both cases across the world. I would attribute a great deal of the inequality [globally] to the US Fed’s loose money, its bailouts of its own banks. So we really need to see something different.”

#BRICS2024

📌Subscribe to @SputnikInt