Denis Alipov, the Russian ambassador to India, praised the BRICS grouping’s expansion, stating that it embodies the growing desire for a multipolar world built on sovereign equality and respect for one another. He continued by saying that opportunities will arise for the BRICS grouping to enhance its influence in the global monetary and financial system under the Russian chairmanship. The Russian envoy was giving a speech on Monday in the nation’s capital at an event called “International Turbulence: Challenges and Opportunities for India-Russia Relations.”
Addressing the event, Alipov said, “We extensively collaborate in the BRICS format. The expansion of this reputable grouping, along with more than 30 states to join it in various capacity clearly displays the growing aspirations for a multiple world based on sovereign equality and mutual respect as stipulated by the UN Charter”.
“The Chairmanship of Russia in this forum this year will open new vistas for strengthening the BRICS role in the international monetary and financial system, making it more just and secure,” he added.
BRICS is an acronym for the grouping of the world’s leading emerging economies, namely Brazil, Russia, India, China, and South Africa.
The 15th BRICS was held in Johannesburg, South Africa, in 2023. In a major achievement, the grouping added six new members: Argentina, Egypt, Iran, Saudi Arabia, Ethiopia, and UAE. However, Argentina later decided to pull out of the bloc.
