Russia pushes 'new world order' agenda as it hosts beefed-up BRICS summit

Russia is rolling retired the reddish carpet to its geopolitical allies arsenic it hosts the latest BRICS acme connected Tuesday, pushing its docket to make a "new satellite order" that challenges the West.

The radical was initially comprised of Brazil, Russia, India and China earlier South Africa joined successful 2010, giving the enactment of rapidly economically-developing nations its existent name. It has since morphed into a geopolitical forum for the world's astir almighty nations extracurricular of the West.

The BRICS present person further clout aft Egypt, Ethiopia, Iran and the United Arab Emirates joined the radical successful January, with rank to the bloc becoming an charismatic imaginable for countries looking to boost trade, concern and economical development.

Russia has been trying to woo what's collectively known arsenic the "Global South" — oregon economically-developing countries successful Asia, Africa, the Middle East and Latin America — and opposition to the "Global North" of industrialized nations, traditionally led by the U.S.

Russian President Vladimir Putin often comments connected his ambition to found what helium calls a "new satellite order" to rival and usurp the geopolitical and economical pre-eminence enjoyed by the U.S.-led West.

Russia, holder of the rotating BRICS presidency and economically isolated and heavy sanctioned by the West, tin besides crook to this year's acme to show that it inactive commands respect connected the planetary signifier and has almighty allies consenting to crook a unsighted oculus to its ongoing warfare successful Ukraine.

Putin has described the beefed-up BRICS radical arsenic a "strong denotation of the increasing authorization of the relation and its relation successful planetary affairs" and signaled connected Friday that helium intends for the alleged "BRICS +" format to situation the West connected some a geopolitical and economical front.

"The countries successful our relation are fundamentally the drivers of planetary economical growth. In the foreseeable future, BRICS volition make the main summation successful planetary GDP," Putin told officials and businessmen last Friday at the BRICS concern forum successful Moscow, which precedes the group's summit, in comments translated by Reuters.

"The economical maturation of BRICS members volition progressively beryllium little connected outer power oregon interference. This is fundamentally economical sovereignty," Putin added.

Earlier successful October, Putin said Moscow was unfastened to utilizing the acme for discussions with its allies connected the "the parameters of enactment successful the emerging multipolar world, and is unfastened to discussing the issues of gathering a caller satellite bid with each our friends, partners and like-minded people," helium said, according to Russian state-owned quality bureau Tass.

Putin added that "it is successful this tone that we are preparing the BRICS and Outreach/BRICS Plus summit," referring to the past time of the three-day acme erstwhile officials from astir 40 Asian, African, Middle Eastern and Latin American countries are attending arsenic portion of the group's bid to grow ties with the "Global South."

The enlargement of the BRICS conjugation is some important and performative, 1 information expert told CNBC.

"It is indicative of a corporate question distant from the West, a objection of a cardinal displacement wrong the satellite bid that is seeking to situation Western economical hegemony," Callum Fraser, a probe chap successful Russian and Eurasian information astatine the Royal United Services Institute (RUSI) deliberation tank, told CNBC Monday.

Fraser added that it was "still unclear to what grade BRICS+ volition beryllium capable to situation the Western-dominated G7, oregon adjacent to what grade they are capable to align their visions of the planetary system."

"Currently, the main glue that holds them unneurotic is the aspiration to execute the aforesaid prime of beingness arsenic successful the West that they consciousness incapable to execute done practice with the West. Ultimately, BRICS+ is lone anti-West successful that it operates arsenic an alternate institution. This means that it inactive remains to beryllium seen what BRICS+ volition supply for its subordinate states, but accrued practice among its members is highly likely," helium said.

Russia's chairing of the acme would beryllium "utilized to maximum effect to show Russia's beardown presumption wrong this emerging order," Fraser added.

The 16th BRICS acme is taking spot nether the taxable of "strengthening multilateralism for just planetary improvement and security," with the Kremlin stating that BRICS leaders volition speech views on "pressing issues on the global and regional agenda," arsenic good arsenic connected "the three main pillars of cooperation identified by the Russian chairmanship: authorities and security, the economy and finance, and cultural and humanitarian ties."

The Kremlin added that the imaginable enlargement of the BRICS radical done the constitution of a caller class of "partner states" would besides beryllium discussed.

It's unclear whether the elephant successful the country — Russia's ongoing warfare with Ukraine — volition beryllium acknowledged astatine the summit. Kremlin Spokesman Dmitry Peskov told the Izvestia paper that the struggle successful Ukraine was not connected the agenda, but helium insisted that participants could "raise this contented astatine their discretion," according to a Google translation.

The Kremlin appears anxious to debar notation of what it calls its "special subject operation" successful Ukraine, stating that the BRICS+ discussions would concern "pressing planetary issues, with a particular absorption on the escalating concern in the Middle East and interactions betwixt the BRICS countries and the Global South in the interests of sustainable development."

Putin is acceptable to clasp meetings with assorted leaders successful attendance, including India's Prime Minister Narendra Modi, China's President Xi Jinping, Turkey's President Recep Tayyip Erdogan, Palestinian President Mahmoud Abbas and U.N. Secretary-General Antonio Guterres.

It's besides expected that Putin and his Iranian counterpart Masoud Pezeshkian could motion a "Comprehensive Strategic Partnership' agreement" astatine the acme that could awesome their committedness to deepening subject and defence cooperation. pursuing respective years of exchanging subject and method enactment amid the warfare successful Ukraine.

Meetings with South African President Cyril Ramaphosa and Egyptian President Abdel Fattah al-Sisi are besides slated to instrumentality spot this week, according to comments from Yury Ushakov, Putin's overseas argumentation aide. Brazilian President Luiz Inácio Lula da Silva cancelled his travel to Russia aft injuring his caput successful an mishap astatine his location past weekend.

Saudi Arabia, which has been invited to articulation the BRICS group but has not yet formally acceeded, is besides participating successful the latest acme successful the southwestern Russian metropolis of Kazan. Argentina decided successful 2023 not to articulation the group, citing a alteration successful overseas policy.