## BRICS Summit 2024: Kazan Declaration Outlines Vision for a Just and Equitable World
The 2024 BRICS Summit, held in Kazan, Russia, concluded with the adoption of the Kazan Declaration, a significant document that lays out the grouping’s vision for a more just and equitable world. The member countries – Brazil, Russia, India, China, and South Africa – unanimously approved this comprehensive document, reflecting their shared aspirations for a more balanced and cooperative international order.
The declaration, which will be shared with the United Nations, touches upon a wide range of critical issues, including global governance reform, sustainable development, international security, and economic cooperation. It emphasizes the importance of strengthening multilateralism and upholding international law, advocating for a more representative and inclusive global decision-making process.
Key Highlights of the Kazan Declaration:
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Strengthening Multilateralism:
The declaration calls for a reformed and revitalized multilateral system that better reflects the realities of a multipolar world. This includes increased representation for emerging economies and developing countries, particularly in Africa and Latin America, in global decision-making processes and structures.*
Global Governance Reform:
The declaration supports a comprehensive reform of the United Nations, particularly the Security Council, to make it more democratic, representative, and effective. It recognizes the legitimate aspirations of developing countries to play a greater role in international affairs, particularly in the United Nations, including its Security Council.*
Sustainable Development:
The declaration reaffirms the commitment to the 2030 Agenda for Sustainable Development and its Sustainable Development Goals (SDGs), highlighting the need to address global challenges such as climate change, biodiversity conservation, land degradation, and water scarcity.*
International Security:
The declaration expresses concern over ongoing conflicts and instability in various regions of the world, including the Middle East, North Africa, and Sudan. It advocates for peaceful resolution of disputes through diplomacy and dialogue, condemns terrorism in all its forms, and calls for enhanced international cooperation to address global and regional security threats.*
Economic and Financial Cooperation:
The declaration emphasizes the importance of multilateral cooperation to mitigate the risks of geopolitical and geo-economic fragmentation. It highlights the role of BRICS in promoting sustainable development, including through the New Development Bank (NDB), the BRICS Contingent Reserve Arrangement (CRA), and the BRICS Cross-Border Payments Initiative (BCBPI). It also calls for a reformed international financial architecture that is more inclusive and just.The Kazan Declaration, therefore, lays out a comprehensive framework for BRICS collaboration in shaping a more just and equitable global order. It underscores the grouping’s commitment to working together to address shared challenges and advance the collective interests of its member states and the wider international community.
Further Steps:
The declaration also calls for ongoing dialogue and cooperation among BRICS countries to implement its recommendations. This includes working on specific initiatives in areas like economic development, sustainable finance, technological innovation, and people-to-people exchanges.
The adoption of the Kazan Declaration marks a significant step in BRICS’s efforts to promote a more balanced and equitable global order. It serves as a roadmap for the grouping’s future actions and reinforces its commitment to multilateralism, sustainable development, and international security.