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		</div><p>Russia’s President Vladimir Putin has hosted China’s Xi Jinping, India’s Narendra Modi and other world leaders at a summit of the Brics bloc of developing economies – part of the Kremlin’s efforts to challenge Western global clout.</p>
<p>Speaking at the start of the Brics meeting, Mr Putin underlined deepening co-operation in the financial sector as part of its agenda.</p>
<p>He said participants were also set to discuss a range of international issues including the settlement of regional conflicts, along with the expansion of the Brics group of countries</p>
<figure id="attachment_184638" aria-describedby="caption-attachment-184638" style="width: 640px" class="wp-caption alignnone"><img src="https://londonglossy.com/wp-content/uploads/2024/10/IMG_6702.webp" alt="" width="640" height="427" class="size-full wp-image-184638" /><figcaption id="caption-attachment-184638" class="wp-caption-text">Chinese President Xi Jinping’s attendance will be carefully watched over signs of coolness over the Russian invasion of Ukraine</figcaption></figure>
<p>“Brics strategy on the global arena conforms with the strivings of the main part of the global community, the so-called global majority,” Mr Putin said.</p>
<p>The alliance that initially included Brazil, Russia, India, China and South Africa has expanded to embrace Iran, Egypt, Ethiopia, the United Arab Emirates and Saudi Arabia.</p>
<p>Turkey, Azerbaijan and Malaysia have formally applied to become members, and several others have expressed an interest in joining.</p>
<p>The three-day summit in the city of Kazan was attended by 36 countries, highlighting the failure of US-led efforts to isolate Russia over its actions in Ukraine. The Kremlin touted the summit as “the largest foreign policy event ever held” by Russia.</p>
<p>The Kremlin has cast Brics as a counterbalance to the Western-dominated global order and redoubled its efforts to court the countries of the Global South after sending troops into Ukraine in February 2022.</p>
<p>Russia has specifically pushed for the creation of a new payment system that would offer an alternative to the global bank messaging network Swift and allow Moscow to dodge Western sanctions and trade with partners.</p>
<figure id="attachment_184639" aria-describedby="caption-attachment-184639" style="width: 640px" class="wp-caption alignnone"><img src="https://londonglossy.com/wp-content/uploads/2024/10/IMG_6703.webp" alt="" width="640" height="419" class="size-full wp-image-184639" /><figcaption id="caption-attachment-184639" class="wp-caption-text">The summit is intended to counter Western dominance on the world stage</figcaption></figure>
<p>Mr Putin, who is set to hold more than a dozen bilateral meetings on the sidelines, conferred with Mr Xi, Mr Modi and South African President Cyril Ramaphosa on Tuesday ahead of the summit’s opening.</p>
<p>Mr Xi and Mr Putin announced a “no-limits” partnership weeks before Russia invaded Ukraine in 2022.</p>
<p>They have already met twice this year, in Beijing in May and at a Shanghai Cooperation Organisation summit in Kazakhstan in July.</p>
<figure id="attachment_184640" aria-describedby="caption-attachment-184640" style="width: 640px" class="wp-caption alignnone"><img src="https://londonglossy.com/wp-content/uploads/2024/10/IMG_6704.webp" alt="" width="640" height="427" class="size-full wp-image-184640" /><figcaption id="caption-attachment-184640" class="wp-caption-text">Mr Putin hailed his relationship with China’s President</figcaption></figure>
<p>During Tuesday’s meeting with Mr Xi, Mr Putin described the relations between Moscow and Beijing as “one of the main stabilising factors on the world arena”.</p>
<p>He vowed to “expand co-ordination on all multilateral forums for the sake of global stability and a fair world order”.</p>
<p>Mr Xi, hailing the “unprecedented character” of Russia-China ties, said: “Amid tectonic transformations unseen for centuries, the international situation is undergoing serious changes and upheavals.”</p>
<p>Russia’s co-operation with India has also flourished as New Delhi sees Moscow as a time-tested partner since Cold War times despite Russia’s close ties with India’s main rival, China.</p>
<p>Western allies want India to be more active in persuading Moscow to end the war in Ukraine, but Mr Modi has avoided condemning Russia while emphasizing a peaceful settlement.</p>
<p>“We fully support the quickest establishment of peace and stability,” said Mr Modi, who last visited Russia in July.</p>
<p>On Thursday, Mr Putin is also set to meet with United Nations Secretary-General Antonio Guterres, who will be making his first visit to Russia in more than two years.</p>
<p>Mr Guterres has repeatedly criticised Russia’s actions in Ukraine.</p>
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