Brix doubles in size... Subtle cracks in 'anti-American solidarity' / YTN

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Published on Oct 24, 2024

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BRICS expanded summit… 36 countries, 6 international organizations participate UN Secretary-General who skipped Ukraine peace conference also attends Putin claims creation of new international financial organization and grain exchange [Anchor] This year’s BRICS summit held in Kazan, Russia, showed off its power by doubling its member states in 15 years. It has emerged as an alternative force for developing countries to compete with the advanced Western group, but subtle cracks are also visible. This is Kang Jeong-gyu, Beijing correspondent. [Reporter] BRICS, named after five developing countries, held its first expanded summit this year by doubling its member states. 36 countries and 6 international organizations participated, showing off their power, including countries that wanted to join, such as Turkey and Thailand. The UN Secretary-General who skipped Ukraine-led peace summit also flew to Kazan, Russia. Shaking off his sense of isolation, President Putin claimed the creation of a new financial organization and grain exchange to overcome Western sanctions. [Vladimir Putin / Russian President: (The new investment organization) will provide resources to countries in the Global South. The grain exchange may consider converting into a commodity exchange.] The Brazilian president, who was absent due to an injury, also mentioned in a video speech that a non-dollar payment method is necessary. BRICS, which was launched as an economic cooperation body, is seeking to expand to the area of security while it is at it. This year's summit theme is 'multilateralism,' which President Xi Jinping has put forward as an alternative to American unilateralism. Another achievement of this summit is that the leaders of China and India, who had been at odds due to border disputes, reconciled after five years. However, India and Brazil are drawing the line at BRICS's anti-Western bloc. Furthermore, when the United States formalized North Korea's dispatch of troops to Ukraine, even President Xi, who had been silent, made some pointed remarks. [Xi Jinping / Chinese President: We must adhere to the three principles of not spilling the battlefield, not escalating the war, and not adding fuel to the fire.] The omission of the BRICS single currency and cryptocurrency trading, which challenge the dollar's hegemony, from the Kazan Declaration that concluded the three-day meeting is also cited as a sign of rift. This is Kang Jeong-gyu from YTN in Beijing. Filming and editing: Go Gwang, YTN Kang Jeong-gyu ([email protected]) ※ 'Your tip becomes news' [KakaoTalk] Search YTN and add channel [Phone] 02-398-8585 [E-mail] [email protected] ▶ Original article: https://www.ytn.co.kr/_ln/0104_202410... ▶ Tip: https://mj.ytn.co.kr/mj/mj_write.php ▣ Subscribe to YTN YouTube channel: http://goo.gl/Ytb5SZ ⓒ YTN Unauthorized reproduction, redistribution, and use of AI data are prohibited.

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