Thu Oct 24 08:38:18 UTC 2024: **Summary of News Article (October 22, 2024)**
– **US Perspective on BRICS**: White House Press Secretary Karine Jean-Pierre stated that the US does not perceive BRICS as a geopolitical rival. She emphasized the importance of building deep coalitions with global partners, including India, South Africa, and Brazil.
– **BRICS Summit Announcement**: The BRICS Summit is scheduled in Kazan, Russia from October 22-23, with the theme “Strengthening Multilateralism for Just Global Development and Security.”
– **US-UAE Technology Collaboration**: Jean-Pierre highlighted extensive cooperation between the US and UAE on advanced technologies, particularly in AI, stating that the collaboration is progressing positively and aiming to implement safeguards.
– **Putin’s Comments on BRICS**: Russian President Vladimir Putin echoed the sentiment that BRICS is not anti-Western but rather a non-Western coalition. He underscored that BRICS countries are drivers of global economic growth and have increased their share of global GDP over the years.
– **Economic Growth Statistics**: Putin noted that BRICS accounted for 37.4% of global GDP in 2023, outpacing the G7’s 29.3%. He projected that the average economic growth rate in BRICS would be higher than that of G7 countries for the current year.
– **Historical Context of BRICS**: The formal grouping of BRICS began in 2006 and included South Africa in 2010. The group recently expanded in 2024 to include five new members: Egypt, Ethiopia, Iran, Saudi Arabia, and the UAE.
This concise summary encapsulates the main highlights and implications of the discussions surrounding BRICS and the US’s approach toward the coalition.
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