#News Analytica Ethiopia
BRICS Summit 2024 - Ethiopia's Strategic Investment Call to BRICS Nations
The BRICS summit is approaching in Kazan, Russia, from October 22-24, and the world is closely watching this evolving coalition of emerging economies. Originally formed in 2006 by Brazil, Russia, India, and China, the group has expanded to include South Africa, Egypt, Ethiopia, Iran, and the United Arab Emirates. This year’s summit aims to showcase BRICS as a pivotal player in global economic growth, countering Western dominance.

Russian President Vladimir Putin has been vocal about the bloc’s potential, declaring that BRICS will be the primary driver of global GDP growth in the coming years. “The economic growth of BRICS members will increasingly depend less on external influence or interference,” he emphasized, framing this as a matter of economic sovereignty.


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