BRICS Summit Confronts Global Challenges Amid Growing Influence
The BRICS summit, involving key developing nations, condemned attacks on Gaza and Iran and called for global institutional reforms. With rising influence, the bloc is emerging as a diplomatic force, advocating for multilateralism and playing a significant role in global governance and economic discourse.
At a recent summit, leaders of the BRICS nations strongly condemned attacks on Gaza and Iran, urging reforms of global institutions to bolster multilateralism amid ongoing conflicts and trade wars. The bloc aims to spearhead diplomatic coordination in an increasingly polarized world, as traditional forums struggle with internal divisions and global challenges.
Brazilian President Luiz Inacio Lula da Silva compared BRICS to the Cold War-era Non-Aligned Movement, stressing the bloc's role in challenging a polarized global order. With its membership now accounting for over half the world's population and 40% of global economic output, the summit highlighted calls for reforming international institutions such as the United Nations Security Council.
The expansion of BRICS has strengthened its diplomatic clout, seeking to reflect the multipolar reality of the 21st century. The summit addressed global trade tariff concerns and backed new financial initiatives, while also emphasizing climate change action, distinguishing itself from U.S. policies under President Trump.
(With inputs from agencies.)
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