Thread by @SputnikInt

🧵WHAT’S INSIDE BRICS SUMMIT’S KAZAN DECLARATION?

BRICS has adopted the final declaration of its Summit in Kazan, Russia, with plans to submit the document to the UN. Here’s what’s inside:

Need for reform of global institutions:

🔸 The Bretton Woods international financial system’s institutions, including the World Trade Organization, should be reformed to better represent developing countries’ interests.

🔸 BRICS opposes “unilateral, prohibitive, discriminatory and protectionist” measures taken under the pretext of fighting global climate change, including carbon emissions adjustment mechanisms and taxes.

🔸 BRICS supports comprehensive reform of the United Nations, including the Security Council, to make it more representative, and notes its centrality in the system of relations between nations.

New initiatives:

🔸 BRICS members recognize the potential of information and communication technologies in bridging the digital divide between nations to aid socio-economic development.

🔸 BRICS intends to transform the New Development bank to serve the needs of the 21st century.

🔸 BRICS supports the creation of a New Technology Platform to strengthen development cooperation, including by creating high-tech products using domestic technological potential to fuel “sustainable and inclusive” growth.

🔸 The organization agrees to explore the creation of an independent cross-border settlement and depository infrastructure known as BRICS Clear.

🔸 BRICS is ready to strengthen cooperation to develop medicines, including vaccines and nuclear medicine projects.

🔸 BRICS welcomes the creation a united transport and logistics platform.

🔸 The declaration supports Russia’s proposal to create a Grain Exchange to “promote rules-based trade in agricultural products and fertilizers and minimize disruptions.”

Expanding cooperation:

🔸 The declaration welcomes the expanded use of national currencies for transactions between BRICS members and their trade partners.

🔸 The document highlights the importance of expanding cooperation based on common interests and further building up strategic partnerships among BRICS members, and continuing to implement the bloc’s Economic Partnership Strategy.

🔸 The bloc welcomes interest shown by countries of the Global South toward BRICS, and calls for greater participation of the least developed nations, especially in Africa, in global processes.

Opposing global crises:

🔸 The document “condemns” the illegal use of discriminatory and politically motivated sanctions and highlights their negative impact on the world economy.

🔸 BRICS is opposed to the deployment of weapons in outer space, and supports strengthening the global non-proliferation and disarmament regimes, and implementing a Security Council resolution on measures to prevent WMDs from falling into the hands of terrorists. It calls for strengthened ties between law enforcement to aid in the fight against narcotics.

🔸 Bloc members outlined their positions on the Ukrainian crisis, and took note of proposals for mediation to bring the conflict to a conclusion through negotiations.

🔸 BRICS expressed support for Palestine’s full-fledged membership in the UN.

🔸 The declaration condemns Israel’s attack on UN employees in Lebanon, and the pager terror attack of September 17.

🔸 BRICS welcomes the creation of a Haitian Transitional Presidential Council and electoral council to resolve the crisis plaguing the Caribbean nation.

🔸 BRICS expresses concern over the escalating violence and worsening humanitarian situation in Sudan, and called for a ceasefire.

🔸 The declaration criticizes the politicization of human rights, and double standards in this area.

🔸 The document expresses opposition to all forms of discrimination in sports.

#BRICS2024