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What Putin Wants from BRICS

Anton Barbashin on what Moscow has actually achieved within BRICS since 2022

Vladimir Putin has consistently emphasized BRICS as a key part of building a multipolar world since 2013. He often references the organization in his speeches, with mentions ranging from a dozen annually to several hundred in exceptional years. Putin's public statements on BRICS are seldom specific about success criteria or a clear vision of the "just world" it aims to create. However, three main objectives appear in his rhetoric, particularly since the invasion of Ukraine.

The first objective revolves around politics and security. Putin envisions a multipolar world guided by international law, respect for UN principles, and the sovereignty of every nation. He justifies BRICS expansion by resisting "illegitimate sanctions" and promoting conflict resolution, counter-terrorism, and combating organized crime, among other issues.

BRICS is seen as a platform to shape a multipolar world as Moscow imagines it and to counter the challenges posed by "unfriendly countries," mainly through sanction-related measures. Putin alternates between highlighting perceived achievements and stressing the need for persistent progress.

The second major focus is economics and finance. Putin pushes for de-dollarization, arguing it strengthens BRICS members' financial independence and reduces geopolitical risks. He advocates for an independent payment system, an expanded New Development Bank, and a BRICS investment platform. Technical goals include cooperation on insurance, alternative credit-rating agencies, and energy and transport sector collaboration. The primary goal remains mitigating the impact of Western sanctions on BRICS states.

The third objective centers on cultural and humanitarian contacts. This includes events and initiatives in culture, sport, tourism, science, innovation, AI, ecology, climate change, and inter-parliamentary and municipal ties. Putin stresses the importance of these meetings for building mutual trust among BRICS countries and fostering economic and security cooperation.

India, the most cautious BRICS member, has consistently expressed reservations about Russia's aggressive rhetoric. Indian experts argue that Moscow's goals may not align with India's long-term national interests. Indian officials have rejected de-dollarization and the idea of a common currency, both seen as detrimental to India's trade and reserve strategies. Brazil shares a similar stance with India, emphasizing the importance of maintaining the dollar's global role.

Written by urgent.news from Riddle Russia's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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