XVI BRICS Summit takes place from October 22 to 24. teleSUR
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00:00In Kazan, Russia, the BRICS Summit continues on its second day.
00:04So let's see some details from our correspondent Yunus Zuner.
00:07Hi Yunus, what are the highlights of today?
00:12Good afternoon from the city of Kazan, here in the Russian Federation,
00:16where the 16th Summit of the BRICS Alliance is continuing.
00:20Today, the day started with a group photo of the leaders,
00:24who then continued to their first restricted and then expanded meeting.
00:30Parts of the meeting were open to the public, where the public, the global opinion,
00:35the global public could listen to their speeches.
00:39The introductory speech was held by the Russian President Vladimir Putin,
00:43of course, as the President per tempore, who mentioned the outlines,
00:50the strategy of Russia in the Presidency and acknowledged that they achieved 85% of the goals
00:58they had set in the beginning of the Presidency.
01:01He underlined that the BRICS Alliance forms the future of humanity and also emphasized,
01:11proposed that there is a huge number of countries who would like to join the Alliance,
01:18that the Alliance cannot neglect that interest.
01:21At the same time, it needs to strike a balance with the BRICS effectiveness.
01:27Thus, it needs to find the modus, how to define which countries can enter the Alliance, what,
01:35so the proposal of the Russian President Vladimir Putin
01:39should be included in the final declaration of the Summit.
01:44Indian Prime Minister Narendra Modi also spoke about this expansion topic,
01:49and he said that he observed great efficiency of BRICS integrating the new members,
01:57which have taken part in this session the first time with their Presidents,
02:03that is Iran, United Arab Emirates, Ethiopia and Egypt were all present in the session.
02:11Other topics in the discussion were presented by the Chinese President, for instance,
02:16who demanded that in Ukraine there should not be a further escalation.
02:21Xi Jinping, the Chinese President, remembered that China and Brazil had initiated a process
02:29to find a diplomatic solution, but Xi also emphasized the concept of indivisible security,
02:37that is, all agreements need to take into account Russia's need for security,
02:42that means Russia's need for security from NATO expansion, of course,
02:47this is how it's meant here in Russia and how it's understood in Beijing as well.
02:53Further topics were, as already before the Summit were announced,
02:58the trade in national currencies, which was urged by the Brazilian President Lula,
03:03who connected himself from Brazil via Zoom because he had an injury,
03:08and also supported by the Indian Prime Minister Narendra Modi, who said, who proposed that India
03:15already had a cross-border payment system that others might consider to use.
03:21The Russian President, of course, also underlined the need for using national currencies and cross-border
03:28payment systems, which was also applauded by Dilma Rousseff, the chairwoman of the New
03:34Development Bank, the bank that is connected to BRICS. That bank was another focus.
03:40Here, Russian President Vladimir Putin announced that there will be a new investment platform
03:46within the NDB, that means the NDB will provide further funds for developmental investment,
03:55and he was applauded by other representatives from Africa, from South Africa, who said that
04:02NDB was actually a reaction to the failure of the Bretton Woods system, of the International
04:08Monetary Fund and the World Bank, the Western-dominated financial institutions.
04:13So, this is another topic, and an additional one was the issue of artificial intelligence.
04:20Here, Russian President Vladimir Putin proposed the BRICS alliance for artificial intelligence
04:28to prevent its use in illegal ways. This is a diplomatic reference, of course, to the use of
04:35this technology, both in Ukraine, but also in Palestine, by Western forces against civilian
04:43population, and he was supported by Chinese President Xi Jinping, who used the formula
04:50that we need a revolution in the understanding of productive forces, and proposed to share
04:57technology, to share the science of artificial intelligence. This was another important issue.
05:04The leaders, after the leaders, the different sections of the BRICS alliance,
05:09BRICS Business Council Club, and the BRICS Women's Representation, among others,
05:15BRICS Regional Cities Association, they all presented their reports, as well as did Dilma
05:21Rousseff, their yearly reports of activities, also in preparation for the next year's presidency
05:29by Brazil, and today the meeting, the summit, will continue. Meanwhile, the leaders have several
05:36bilateral meetings with each other. For instance, the Venezuelan President Nicolas Maduro has
05:41arrived. He will meet here Russian President Vladimir Putin, Turkish President Recep Tayyip
05:47Erdogan, Ukrainian President Lukashenko, among others, and the President of Russia Vladimir
05:54Putin will also keep on having bilateral contacts, so it's also a good opportunity for the leaders
06:01to meet up personally and to exchange their views on different bilateral and global matters.
06:07This is going to continue with tonight, with a ceremony, an official ceremony, and tomorrow,
06:14on the third day of the summit, will be the part BRICS+, where the countries will come to talk
06:21who would like to join or would like to have a partner status in the alliance.
06:27Thank you, Yunus, for all the details. We will contact you again soon.
06:30We were with Yunus Zuner, Special Envoy in Kazan, Russia,
06:34where the BRICS summit continues on its second day.