Putin Hosts BRICS Summit Amid Pressure for Ukraine Peace Talks

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Russia is hosting a BRICS summit in Kazan, highlighting the growing influence of the group, which now accounts for 45% of the world's population and 35% of its economy. However, Russian President Vladimir Putin is facing pressure from BRICS partners to find a solution to the ongoing war in Ukraine. Leaders from China, India, and other nations are urging Putin to consider a ceasefire, though he insists Russia will not give up the regions of eastern Ukraine it controls.

Putin reaffirmed that BRICS does not position itself against anyone but emphasized the group's commitment to common values and mutual interests. He stressed that Russia would not relinquish the four Ukrainian regions it claims as its own, despite ongoing conflict in those areas. Talks about a possible ceasefire are circulating, though nothing concrete has emerged as the world awaits the outcome of the U.S. presidential election.

Chinese President Xi Jinping and Indian Prime Minister Narendra Modi are attending the summit, while Brazilian President Luiz Inacio Lula da Silva canceled due to health reasons. The summit coincides with global financial meetings, placing further emphasis on the economic impact of BRICS, projected to rise to 37% of global GDP by 2030.