The gathering in Kazan final month was probably the most important current worldwide occasions, Sergey Lavrov has mentioned
The current BRICS Summit in Kazan confirmed the futility of Western makes an attempt to isolate Russia, and proved that many nations are sad with the US waging “sanctions wars,” Russian Overseas Minister Sergey Lavrov has mentioned.
Delegations from 35 nations of Asia, Africa, the Center East, Europe and Latin America, in addition to representatives from the UN and different organizations, arrived in Russia final month for the annual BRICS Summit. It was the primary to be held because the group’s growth earlier this 12 months, when Egypt, Iran, Ethiopia, and the United Arab Emirates formally grew to become members, becoming a member of Brazil, Russia, India, China, and South Africa.
“The sixteenth BRICS Summit in Kazan was, with out exaggeration, probably the most important worldwide occasions not solely this 12 months, however in current instances,” Lavrov mentioned on Tuesday in an interview with Rossiya Segodnya information company.
Based on the overseas minister, members felt it was held in an environment of “friendship, openness and mutual respect.” Requested about summit outcomes and the group’s plans, Lavrov mentioned they had been clearly mirrored within the Kazan Declaration, adopted on the gathering.
“Amongst different issues, it clearly units out the dedication of the collaborating nations to advertise optimistic modifications within the world financial system and politics with the purpose of making a extra simply and balanced world order, reform world governance establishments and successfully handle world points,” he mentioned.
Lavrov additionally highlighted components of the declaration regarding adapting the worldwide monetary system to “fashionable realities,” whereas rising the function of creating nations and inspiring nearer interbank cooperation.
This entails boosting the share of nationwide currencies in mutual settlements and creating impartial fee platforms and insurance coverage mechanisms in BRICS, he mentioned.
All of those steps will finally result in the formation of a fee instrument that’s “not topic to exterior dangers,” Lavrov predicted, noting “elevated curiosity” in such a plan from non-Western states.
The Russian minister added that in the course of the prolonged Outreach/BRICS Plus format session, the heads of delegations from nations of the International South “overtly expressed indignation on the US authorities’ more and more sturdy line in recent times on utilizing the greenback as an instrument for waging sanction wars in opposition to these states whose insurance policies, for one purpose or one other, the People didn’t like.”
Requested about BRICS’ new ‘companion nation’ standing, Lavrov mentioned that the standards had been authorized in Kazan, and work is underway on the problem, with outcomes anticipated earlier than the top of the 12 months.
