Kazan Declaration : 16th BRICS Summit 2024

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October 25, 2024

Kazan Declaration : 16th BRICS Summit 2024

Why in News? The BRICS summit 2024 was recently held at Kazan , Russia. It focused on Strengthening Multilateralism for Just Global Development and Security.

Key Declaration :

  •  Russia emphasized a BRICS-led payment system against SWIFT.
  • The BRICS nations agreed to explore initiatives, such as BRICS Grain Exchange and BRICS (Re)Insurance Company.
  • The summit also endorsed the creation of a BRICS Partner Country category, which would allow other nations to collaborate with BRICS on various projects.
  •  BRICS R&D Vaccine Center was announced for fostering research in vaccine development.


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Kazan Declaration : 16th BRICS Summit 2024 | Vaid ICS Institute