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The Telegraph
The Telegraph
25 Oct 2024
Ivana Stradner


Putin’s summit triumph is a warning shot to the old world order

This week, Vladimir Putin welcomed more than 20 heads of state at the BRICS summit in Kazan, Russia. While some in the West may consider Putin’s goal of using BRICS for reducing dependence on the US dollar and the SWIFT system as delusional, this is not the point. 

The meeting’s motto, “strengthening multilateralism for just global development and security,” is emblematic of Moscow’s latest efforts to create a new multipolar world order.

In theory, BRICS – a named derived from the acronym of founding members Brazil, Russia, India, China, and South Africa – could be influential. It was first conceived as a direct response to Western dominance – in particular, U.S. dominance – in geopolitics.

BRICS countries account for nearly half of the world’s population and more than one-third of global economic output. However, with the stated goal of multipolarity to challenge the U.S.-dominated world, BRICS is the ideal propaganda forum in which Russia can amplify anti-Western policies.