Iran Press/ Europe: As Russia assumes its chairmanship, it looks forward to working productively with all countries in the BRICS orbit," Putin stressed.
"In total, over 200 events of different levels and types will be held in many Russian cities as part of the chairmanship. We encourage representatives of all countries interested in cooperating with our organization to take part in them. The BRICS Summit in Kazan in October will be the culmination of our chairmanship," he added.
The term BRIC was coined by Goldman Sachs economist Jim O’Neill in 2001 to describe the startling rise of Brazil, Russia, India, and China. The bloc had its first summit in 2009 in Russia. South Africa joined in 2010. In a summit of the bloc in Johannesburg, South Africa, from August 22 to 24, 2023 participants agreed Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates to join the bloc from January 1, 2024.
All BRICS member states have full sovereignty and their foreign political interests and priorities. Mutual respect and mutual benefit are the foundation for dialogue and development within BRICS.
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