The BRICS group—Brazil, Russia, India, China, and South Africa—has become the center of attention for many developing countries that feel left out by Western institutions like the World Bank and IMF. These countries believe these organizations don’t treat them fairly or as equals, and they’re looking to BRICS for a new way forward. Indian Prime Minister Narendra Modi, speaking at the 16th BRICS Summit in Kazan, Russia, emphasized that BRICS could be the solution.
At the summit, Modi said that the world has high hopes for BRICS because it’s seen as a more inclusive platform. Unlike Western-led organizations, BRICS brings together countries with different backgrounds, giving them all an equal say. He also stressed that the group needs to stand united, especially when it comes to combating terrorism. According to Modi, there can be no double standards on this issue, and the group should work together to stop terrorist financing and prevent the radicalization of youth.
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