Diplomacy
BRICS summit begins with dinner hosted by Putin
The 16th BRICS Summit kicked off today in Kazan, hosted by Russian President Vladimir Putin.
According to the Kremlin, representatives from 32 countries, including 24 heads of state, are expected to attend the event in the semi-autonomous Republic of Tatarstan.
The summit will officially begin this evening with a “friendly dinner” for all attending leaders. Before that, however, Putin will hold a series of bilateral meetings, which are set to continue after dinner and over the coming days.
Today, the Russian president is scheduled to meet with Indian Prime Minister Narendra Modi, South African President Cyril Ramaphosa, Chinese President Xi Jinping, and Egyptian President Abdel Fattah El-Sisi. The leaders are expected to discuss a wide range of issues.
Putin will also meet with the President of the New Development Bank, former Brazilian President Dilma Rousseff. This marks their third meeting since Rousseff took on her role at the New Development Bank.
Expansion agenda
The BRICS group—comprising Brazil, Russia, India, China, and South Africa—has recently expanded to include Egypt, Ethiopia, Iran, and the United Arab Emirates.
The BRICS bloc now represents 45 percent of the world’s population and 35 percent of the global economy in purchasing power parity (PPP) terms.
President Putin noted that 34 countries, including Turkey, have expressed interest in joining the bloc.
Experts expect the summit to focus on BRICS expansion, with Russian officials highlighting the group’s adaptability and long-term growth agenda.
While BRICS is often seen as an alternative to Western-centric institutions, Putin told reporters from BRICS countries that “BRICS is not in opposition to anyone” and that the shift in global growth dynamics is simply a reflection of reality.
“This is a union of states working together on the basis of shared values, a common vision of development, and, above all, the principle of taking each other’s interests into account,” he said.
As the BRICS summit opens, finance chiefs from around the world are also gathering in Washington for an IMF meeting.
Xi and Modi attend summit, Lula absent due to illness
Chinese President Xi Jinping arrived in Russia this morning to attend the summit, accompanied by senior Chinese Communist Party official Cai Qi and Foreign Minister Wang Yi.
Xi is expected to hold bilateral talks during the summit, focusing on key issues such as financing, technology, food trade, and expanding the bloc’s membership.
Indian Prime Minister Narendra Modi is also attending, though Brazilian President Luiz Inacio Lula da Silva canceled his trip on medical advice. Lula was advised to avoid long-haul flights temporarily following a head injury that caused a minor brain hemorrhage.
Before departing for Russia, Prime Minister Modi emphasized the importance of BRICS in fostering dialogue on global challenges. “India values close cooperation within BRICS, which has become an important platform for dialogue on the global development agenda, reformed multilateralism, climate change, economic cooperation, building resilient supply chains, and promoting cultural and people-to-people linkages,” he said, according to India Today.
BRICS vs. G7
The term BRIC was first coined in 2001 by then-Goldman Sachs chief economist Jim O’Neill in a research paper that highlighted the growth potential of Brazil, Russia, India, and China.
These countries began formal cooperation, and Brazil was later added, followed by South Africa. Egypt, Ethiopia, Iran, and the UAE have since joined, although Saudi Arabia has not yet formally become a member.
According to the International Monetary Fund, the BRICS’ share of global GDP is expected to rise to 37 percent by the end of the decade, while the G7’s share is projected to decrease from 30 percent to around 28 percent this year.
Alternative payment systems to counter sanctions
Russia is urging BRICS countries to develop an alternative platform for international payments, one that is resistant to Western sanctions.
Alternative payment methods are expected to be a key topic on the summit’s agenda.
In an interview with the Serbian daily Politika, published on the Russian Foreign Ministry’s website, Russian Deputy Foreign Minister Sergei Ryabkov suggested that significant progress could be made in mutual payment mechanisms after the Kazan summit.
“I believe that as a result of the summit in Kazan, we will see significant developments in this area. As our Chinese friends say, ‘a journey of a thousand miles begins with one small step.’ I think we will take a not-so-small first step,” Ryabkov said.
However, Ryabkov cautioned that no “giant leap forward” should be expected, noting that the process will likely evolve gradually, as BRICS operates on a consensus basis.
“We have a long way to go for a gradual transition from payments in national currencies to the creation of a single BRICS currency,” the diplomat added.
Diplomacy
CSTO strips Armenia of voting rights over two-year budget debt
Members of the Collective Security Treaty Organization (CSTO) have stripped Armenia of its voting rights and its ability to appoint representatives to official positions due to a two-year debt to the organization’s budget.
Kremlin Spokesman Dmitry Peskov said, “This decision was taken based on the organization’s charter due to Armenia’s failure to fulfil its obligations for several years.”
Prior to the CSTO leaders’ summit in Moscow, Peskov had stated that member states would “react” to the Caucasus country’s non-participation in the organization’s activities.
Ahead of the Moscow summit, Armenian Prime Minister Nikol Pashinyan said his country’s “interest has run out” regarding the CSTO. Through his press spokesperson, he announced that he would travel to Türkiye on 11 November to attend the United Nations Climate Change Conference (COP31) instead of going to Russia.
The CSTO leaders’ meeting was held with the participation of Russian President Vladimir Putin alongside the leaders of Belarus, Kazakhstan, Kyrgyzstan, and Tajikistan.
The leaders jointly took the decision to revoke Armenia’s voting rights.
At the conclusion of the meeting, the participants also signed a joint declaration.
The declaration stated: “We confirm our unconditional commitment to the goals set out in the CSTO treaty and charter towards creating favourable and stable conditions for the comprehensive development of member states.”
Pashinyan had frozen Yerevan’s de facto participation in the CSTO in February 2024, citing the organization’s failure to aid the Armenian side during the armed clashes in Nagorno-Karabakh in September 2023.
Having referred to the CSTO as a “soap-bubble alliance” since that time, Pashinyan accused the organization’s members of “planning war” together with Baku. He stated that Armenia would not return to active work within the alliance at least “over the next five years”, adding that he would welcome it if the country were expelled from membership.
Relations between Armenia and Russia grew tense once again in the spring of 2026, after Yerevan moved closer to the European Union (EU) and the Kremlin responded with a trade war.
In May, Pashinyan refused to travel to Moscow to attend the Victory Day parade and declared that he did not support Russia on the Ukraine issue.
In response, Putin called on Yerevan to determine its foreign policy course through a referendum, advising Armenian authorities not to forget the fate of Ukraine.
Diplomacy
US urges Russia to draft proposals for new European security pact
The US administration has reportedly called on Russia to submit proposals for a prospective security treaty with Europe that would include measures to ease tensions between European nations and Moscow.
According to a report by news site Axios citing sources familiar with the matter, the US side conveyed the request during trilateral negotiations held in Abu Dhabi.
During the talks, US Special Envoy Steve Witkoff and Donald Trump’s son-in-law Jared Kushner suggested that the Russian delegation prepare a fresh proposal outlining its security concerns and demands.
The US delegation reportedly asked that this proposal clarify what kind of “symmetrical steps” Moscow is prepared to take to de-escalate tensions and “provide non-aggression guarantees to Europe”.
Another source familiar with the White House’s approach said the Trump administration aims to run the processes for a new European security architecture and a peace agreement between Russia and Ukraine simultaneously.
Under this plan, the actual implementation of the security understandings would take effect only after the signing of an accord ending the conflict in Ukraine.
Assessing the approach to the process, the source said: “[Ukrainian President Volodymyr] Zelenskyy will not agree to any compromise without knowing what will happen next regarding security guarantees. Putin also wants to see the exact same picture clearly. This is precisely why the security portfolio is so decisive.”
The same official noted that the US will not reach a security agreement with Russia without the support of Europe and Ukraine, adding that Washington will not grant Moscow veto power over European security decisions.
Vladimir Medinsky, aide to the Russian president and head of the delegation in the Ukraine negotiations, previously stated that the fundamental objective was building a comprehensive new security system in Europe.
Medinsky noted that the structure in question must take on the character of “a fair, new, modern Yalta and Potsdam that carries the spirit of Helsinki 1975 and responds to contemporary realities”.
The Russian official argued that if such a system were established, peace lasting for decades, or even centuries, could be secured in Europe.
Russian Foreign Minister Sergey Lavrov also announced that Moscow possesses its own position paper on how a new security architecture in Eurasia should take shape.
Lavrov stated that Russia hopes the Washington administration will “maintain its determination to pursue dialogue aimed at achieving an honest balance of interests where nobody’s security is impaired”.
Russian authorities have repeatedly stated that the country has no intention of attacking Europe.
Pointing out that they have no reason to fight NATO countries, Russian President Vladimir Putin previously said: “We have no interest whatsoever, neither geopolitical nor economic, political nor military.”
In a statement in October, Putin said Russia has no plans to attack anyone “in 2029, in 2030, or in the year 2050”.
On the other hand, Putin claimed that “all NATO countries are fighting Russia” and stated that the Russian military is currently the most combat-ready armed force in the world.
Following the contacts in Abu Dhabi, Kushner announced that he and Witkoff would travel to Moscow.
Explaining that they plan to meet Putin during the visit to discuss European participation in negotiations aimed at resolving the conflict, Kushner argued that the parties could make “far greater progress” if the Russian leader consents to such involvement.
Yury Ushakov, aide to the Russian president, stated that the US special envoys will arrive in Moscow on 12 November, with the planned meeting with the Russian president scheduled for the first half of the day.
Diplomacy
Vance leads indirect push for US-Iran ceasefire and nuclear talks
US Vice-President JD Vance has been personally involved over the past two weeks in indirect talks with Iran aimed at securing a fresh ceasefire and restarting nuclear negotiations.
According to Axios, Vance’s intense engagement indicates that he has taken it upon himself to extract the US from the conflict, which he views as responsible for the Republican Party’s shocking losses in this week’s elections.
This elevates the latest round of indirect talks to the highest echelons of the administration.
US officials and regional sources state that Trump is currently willing to let diplomatic efforts run their course to see whether any agreement is achievable.
Asked by reporters on Friday what his message was to Iran, Trump said, “We are talking to them.”
According to sources with direct knowledge of the matter, Vance speaks almost daily with Qatari Prime Minister Sheikh Mohammed bin Abdulrahman Al Thani, Pakistan’s Chief of Army Staff Field Marshal Asim Munir, and other mediators regarding the negotiations with Iran.
White House envoy Steve Witkoff and Jared Kushner, President Trump’s adviser and son-in-law, are also involved in the process.
Sources say Vance and the Qatari and Pakistani mediators have been discussing the possibility of holding a working-level technical meeting between the US and Iran in the coming days, though this has not yet materialized.
Before the war began in late February, Vance was among the most sceptical voices in Trump’s inner circle on the issue, advocating instead for a diplomatic solution.
In April, he led the US negotiating delegation at the Iran summit held in Islamabad and was personally involved in the talks that yielded a memorandum of understanding (MOU) signed between the US and Iran in June.
Vance subsequently headed the US delegation during a series of direct talks with Iran in Switzerland.
Two weeks ago, Vance sent a letter to Mohsen Rezaei, Secretary of Iran’s Supreme National Security Council, proposing that direct negotiations resume.
Rezaei is one of the closest advisers to Iran’s Supreme Leader, Mojtaba Khamenei.
Iranian officials noted that Vance’s letter generated positive momentum toward restarting talks.
On Wednesday, Vance said the war was the primary reason for the Republicans’ repudiation at the polls.
Sources involved in mediation efforts report that while progress is being made, the process is moving very slowly.
On Friday evening, the prime minister of Qatar said, “Over the past few weeks, we worked with our colleagues in the US administration who have a sincere intention to contain the situation and de-escalate. Thanks to them and the voices of reason in Tehran, we prevented the situation from spinning out of control.”
The prime minister added that discussions with the Trump administration continued following the midterm elections, though they were not as active as in previous days “because there are other matters.”
Nevertheless, he noted that the US intention to find a diplomatic resolution “remains ongoing” and emphasized that an agreement is possible.
On Friday morning, Trump and the Emir of Qatar discussed Qatari efforts to bridge differences between the US and Iran as part of an accord.
According to a statement from his office, Sheikh Tamim emphasized the necessity of “pursuing dialogue and diplomatic channels to resolve differences, prevent the region from facing further escalation, and ensure freedom of maritime navigation as well as the security of energy supplies.”
Separately, Trump confirmed on Friday that the US military conducted a strike on an anti-aircraft missile launcher on Qeshm Island in the Strait of Hormuz after it fired a missile at a US fighter jet.
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