Episode Details

The 16th BRICS Summit in Kazan, Russia, is expected to witness reinforced unity among emerging markets and Global South countries, as well as their greater support for multilateralism and global stability, analysts said.

They made the observation as President Xi Jinping was set to attend the landmark event from Tuesday to Thursday.

What makes this year's summit special is that it is the first of its kind following the most recent historic expansion of BRICS.

Chinese officials have emphasized that Beijing attaches great importance to the Kazan summit and fully supports Russia's role as the host.

Zhang Hanhui, Chinese ambassador to Russia, told Xinhua News Agency in a recent interview that the expanded BRICS cooperation will make more contributions to improving the global governance system.

"China will continue to work closely with other BRICS members to forge a more comprehensive, closer, practical and inclusive high-quality partnership, and together embark on a new journey for BRICS," he said.

With the latest expansion, BRICS accounts for roughly 30 percent of the world's land area, 45 percent of the world's population and 20 percent of global trade. The grouping has entered a new era of greater BRICS cooperation, observers noted.

Behind this is the rise of emerging markets and developing countries as a whole, and the fact that the Global South accounts for more than 40 percent of the global economy, they added.

"We could strive for new milestone outcomes in such areas as finance, AI, and energy and minerals to get the greater BRICS cooperation off to a good start," Foreign Minister Wang Yi said at a BRICS foreign ministers' meeting on Sept 26 in New York.

In the first three quarters of this year, China's imports and exports to and from the other BRICS countries totaled 4.62 trillion yuan ($649.66 billion), up 5.1 percent year-on-year, according to the General Administration of Customs.

"The BRICS cooperation mechanism is one of the key platforms