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The BRICS Summit 2024 marks a significant moment in global diplomacy as five of the world’s largest emerging economies—Brazil, Russia, India, China, and South Africa—come together to discuss pressing global challenges. In a rapidly changing geopolitical landscape, the BRICS Summit serves as a platform for these nations to assert their influence and foster cooperation in areas ranging from economic development to technological advancement.
BRICS Summit 2024
The BRICS Summit 2024 will be held on October 22-23, 2024, in Kazan, Russia. This year’s theme is “Emerging Technologies and Sustainable Development.” Key objectives include strengthening economic cooperation, addressing global challenges like climate change, promoting technological collaboration, and discussing the expansion of membership. The summit aims to enhance the influence of BRICS in global affairs and reinforce collaboration among member nations—Brazil, Russia, India, China, and South Africa.
| Overview | |
|---|---|
| BRICS Summit 2024 Date | October 22-23, 2024 |
| Location | Kazan, Russia |
| Theme | “Emerging Technologies and Sustainable Development” |
| Participating Countries | Brazil, Russia, India, China, South Africa |
India-China Meeting in Russia: First Handshake in 5 Years
India and China held a significant meeting on the sidelines of a summit in Russia in October 2024, marking their first formal handshake in five years. Relations between the two nations had been strained since the Galwan Valley clash in 2020, leading to heightened tensions along the Line of Actual Control (LAC).
During the meeting, the leaders focused on:
- De-escalation along the border and improving military communication.
- Economic cooperation, despite ongoing political differences.
- Geopolitical coordination in multilateral platforms like BRICS and SCO.
This handshake is seen as a crucial step toward normalizing bilateral relations and stabilizing regional security in Asia.
Prime Minister Narendra Modi Participates in BRICS Summit 2024
Prime Minister Narendra Modi will participate actively in the BRICS Summit 2024 in Kazan, Russia, from October 22 to 24. The summit, which brings together leaders from BRICS countries and newly added members like Saudi Arabia, Iran, and Egypt, offers a crucial platform for discussing global economic cooperation and geopolitical challenges.
Modi’s participation is particularly significant as India seeks to address key concerns such as energy security, trade relations with China, and defense cooperation with Russia. The Prime Minister is expected to emphasize India’s need for stable energy supplies and increased Chinese investment in infrastructure. He is also poised to discuss managing tensions along the India-China border.
India’s engagement in the BRICS Summit 2024 is set to influence global economic dynamics, focusing on trade partnerships, energy cooperation, and potential reforms in global governance institutions like the IMF and World Bank.
BRICS Summit 2024 Theme
The theme for the BRICS Summit 2024 is “Emerging Technologies and Sustainable Development.” This theme emphasizes the importance of harnessing new technologies to drive sustainable development goals among BRICS nations—Brazil, Russia, India, China, and South Africa. Discussions under this theme will likely focus on:
- Technological Innovation: Exploring advancements in artificial intelligence, digital transformation, and their applications for economic growth.
- Sustainability: Addressing climate change, environmental protection, and the need for sustainable practices in industries.
- Collaboration: Encouraging partnerships among BRICS countries to leverage technology for mutual benefit and enhance global competitiveness.
This theme aligns with the broader goals of BRICS to enhance cooperation in science, technology, and innovation, contributing to more resilient and sustainable economies.
BRICS Summit 2024 Agenda
The BRICS Summit 2024 agenda is expected to cover a range of crucial topics aimed at fostering cooperation among the member countries—Brazil, Russia, India, China, and South Africa. Key items likely on the agenda include:
- Emerging Technologies and Innovation:
- Discussing the role of digital technologies, artificial intelligence, and other innovations in driving sustainable development.
- Sustainable Development Goals (SDGs):
- Assessing progress towards achieving the UN’s SDGs and sharing best practices among member nations.
- Economic Cooperation:
- Enhancing trade relations, investment opportunities, and economic collaboration among BRICS countries.
- Energy Security and Transition:
- Focusing on energy sustainability, renewable energy sources, and reducing dependency on fossil fuels.
- Geopolitical Stability:
- Addressing regional conflicts, particularly the ongoing situation in Ukraine, and discussing BRICS’ role in promoting peace.
- Climate Change and Environmental Issues:
- Strategies for combating climate change, protecting biodiversity, and promoting environmental sustainability.
- Cultural Exchange and People-to-People Ties:
- Initiatives to strengthen cultural connections and promote tourism among BRICS nations.
- Future Expansion of BRICS:
- Discussing potential new members and how to enhance the organization’s influence on the global stage.
- Global Health Cooperation:
- Collaborative efforts to strengthen health systems and responses to pandemics, focusing on equitable access to healthcare.
- Financial Cooperation:
- Exploring mechanisms for enhancing financial cooperation, including the use of local currencies in trade.
Importance of BRICS Summit 2024 for India
- Bilateral Relations:
- The summit will provide an opportunity for Prime Minister Narendra Modi to engage in bilateral discussions with other leaders, particularly with China’s Xi Jinping and Russia’s Vladimir Putin. This engagement is crucial given the geopolitical tensions and border disputes.
- Resource Sharing:
- India’s active participation in discussions about resource management, especially in the context of the Northern Sea Route and the Arctic region, is vital for securing its interests in these resource-rich areas.
- Balancing Global Influence:
- By positioning itself as a key player in BRICS, India aims to balance Western influence in global affairs. The summit serves as a platform for India to assert its stance on issues like climate change, trade, and security.
BRICS Summit 2024 UPSC
The BRICS Summit 2024 represents a significant moment for global cooperation, particularly among emerging economies. As India takes on a leadership role within this framework, it has the opportunity to shape discussions around critical global issues. UPSC aspirants should focus on the implications of the summit for India, the significance of BRICS in global politics, and the challenges faced by member countries. Understanding these dynamics will not only enhance knowledge for the exam but also provide insights into the evolving landscape of international relations.
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