Geopolitical Economy Report
Geopolitical Economy Report
Ben Norton
BRICS grows, adding 13 new 'partner countries' at historic summit in Russia
29 minutes Posted Oct 25, 2024 at 3:58 pm.
BRICS expands
BRICS: 1/3rd of global GDP, 40% of population, 30% of oil production
Compare BRICS & G7
Saudi Arabia has not accepted offer; Argentina rejected
Leaders at 2024 summit in Kazan, Russia
China & India resolve border dispute
Unipolar domination vs multipolarity
Xi Jinping's speech
Plans to transform international monetary & financial system
Bretton Woods, US dollar, IMF, World Bank
BRICS grain exchange (commodities exchange)
Bolivia condemns "Western unipolarity & tyranny of the dollar"
Kazan declaration summary
Israel, Palestine, Gaza, Lebanon
Syria & Iran
Opposing nuclear weapons & space arms race
Outro
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29:53
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Show notes
BRICS held a summit in Kazan, Russia in October 2024, where 13 new "partner nations" were accepted. This followed the 2023 meeting in Johannesburg, South Africa, where several members were invited to join. Ben Norton analyzes the historic events, and shows how the Global South is building a more multipolar world.
BRICS MEMBERSHIP (9 members + 13 partner countries)
- 5 original members are Brazil, Russia, India, China, and South Africa.
- 4 new members officially admitted in January 2024 are Egypt, Ethiopia, Iran, and UAE. (Saudi Arabia has not accepted. Argentina rejected the offer.)
- 13 "partner countries" are Algeria, Belarus, Bolivia, Cuba, Indonesia, Kazakhstan, Malaysia, Nigeria, Thailand, Türkiye, Uganda, Uzbekistan, and Vietnam.
VIDEO: https://www.youtube.com/watch?v=wUdlzmk73Ns
Check out our related report - BRICS plans ‘multi-currency system’ to challenge US dollar dominance: https://geopoliticaleconomy.com/2024/10/19/brics-russia-multi-currency-system-us-dollar/
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