World Today
What to expect from this week's BRICS Summit?
Oct 21, 2024
Dr. Zhou Mi, a senior research fellow on BRICS, emphasizes the summit's focus on economic collaboration among over 30 nations, particularly highlighting China's role. Dr. Zhang Chu Chu discusses Israel's recent airstrikes in Lebanon amidst escalating regional tensions. Kamal Markili-Aliev shares insights on Moldova's critical presidential runoff and its socio-political complexities. Professor Yan Liang explores China's strides in intellectual property as essential for innovation, while Dr. George Zugoplus reflects on evolving EU-China relations amid global challenges.
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Quick takeaways
- The BRICS Summit aims to enhance multilateralism and foster global development while exploring a common currency amid Western financial dependency.
- Israel's airstrikes in Lebanon highlight escalating military actions that raise significant humanitarian concerns and worsen the ongoing crisis in the region.
Deep dives
BRICS Summit: Focus on Multilateralism and Economic Cooperation
The BRICS Summit in Kazan, Russia, marks a significant gathering as it includes leaders from both founding and newly invited member countries. This summit prioritizes strengthening multilateralism and fostering equitable global development by addressing key issues like climate change and food security. Financial reforms, including exploring the potential for a common BRICS currency and the use of national digital currencies, are also vital agenda items aimed at reducing dependency on Western financial institutions. This platform provides an opportunity for nations to engage in constructive dialogue that enhances their global standing and cooperation.
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