"Change Status": Xi and Putin will try to rectify their position at Brix summit - Bloomberg

According to journalists, for Si Jinping, which is faced with a slowdown in the economy, a crisis in the real estate market and trading in the US, the current Summit Brix makes it possible to strengthen their political image and discuss important issues with partners. The situation of Vladimir Putin seems even more difficult because he will miss the personal presence at the meeting because of fears of the international arrest warrant, but will make a remote speech.

Both leaders seek to use this meeting with colleagues with Brix - Brazil, India and South Africa to strengthen their international position, unite the US and expand trade. The main step in this direction will be the extension of the group. Although consensus has already been reached, the question remains how and when new members, such as India, can join it, given the fears of some countries that Brix can turn into a block in favor of China.

Even countries such as Saudi Arabia and Indonesia have shown interest in accession. The summit will also pay attention to the expansion of trade in national currencies to reduce the dependence on the dollar, as well as to strengthen the role of the new Brix development bank. However, there are obstacles: the Brix group has still had a limited impact on the world political arena, and its members continue to occupy secondary positions at international institutions.

Xi Jinping and Vladimir Putin seek to change this status, and the fact that many countries have expressed interest in joining the group are a symbolic step in this direction, the publication notes. There are questions about what specific results can give a more diverse BRIX composition, and whether the increase in the number of countries in the group will help mitigate US influence on the world stage, journalists add.