The 16th BRICS Summit in Kazan, Russia, focused on “Strengthening Multilateralism for Just Global Development and Security,” highlighting the bloc's commitment to tackling global challenges. India presented its vision for an expanded BRICS, marking a pivotal moment in the organization’s evolution. Founded in 2006, BRICS aimed to leverage Brazil, Russia, India, and China’s strengths while maintaining ties with developed nations. It now includes South Africa, Egypt, and Saudi Arabia, reflecting its expanding influence. 

BRICS leaders assert their non-alignment and commitment to partnership with all nations. The Kazan Declaration further emphasized intra-BRICS cooperation and innovative financial solutions, such as promoting local currency trade.