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BRICS Summit: Sharing common ambitions, advancing development, building political trust and reforming global institutions

Ultimately, the summit demonstrated that BRICS is evolving beyond its original identity as a coalition of emerging economies, says the writer.

BRICS Summit: Sharing common ambitions, advancing development, building political trust and reforming global institutions

The BRICS Summit, held amidst global tensions and uncertainty, underscored the bloc's commitment to advancing development, strengthening political trust, and reforming global institutions. Representing a significant portion of the world's population, economic output, and natural resources, BRICS has emerged as a pivotal platform for emerging and developing countries to articulate shared concerns and coordinate positions on critical international issues.

The summit's emphasis on political trust-building, a shift from competition to collaboration, and the focus on the Global South, reflect BRICS' growing influence and its role in shaping the priorities and norms of the international system.

Brief written by urgent.news from IOL's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

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