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The BRICS Summit, despite expectations, and the Kazan deceleration, which was a joint statement signed after the summit, is not a game-changer but offered little of substance. No concrete steps were taken on accepting new members in Kazan while 13 countries including Indonesia, Kazakhstan, Malaysia, Turkishe’s president Erdogan joined the summit but no consensus reached for Turkiye to become a member in the near future. I
Fortress Hill Advisors
2 months ago
BRICS can provide a political buffer but not economic, as BRICS are still searching for practical areas for cooperation. However, Donald Trump universal tariffs threats could focus BRICS on more intra EM trade. BRI has already helped to redirect China exports to EM countries, despite the slowdown i
Fortress Hill Advisors
2 months ago
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