97 Countries Prepare To Attend BRICS 2024 in June in Russia

Vinod Dsouza
brics china usd us dollar currency world leaders belt and road initiative chinese yuan
Source: xinhuanet.com

A total of 97 countries have confirmed their presence in the BRICS 2024 Games in June this month. The event will be hosted by Russian President Vladimir Putin in the Kazan region between June 12 to 24.

Also Read: U.S. Reacts To BRICS De-Dollarization Agenda

“97 countries had already confirmed their participation,” said Russia’s Prime Minister Dmitry Chernyshenko. The minister added that the BRICS 2024 Games are an integral part of the development of the country. “The BRICS Games 2024, which were ordered to be organized following the decree of the Russian President Vladimir Putin, are an important part of our country’s chairmanship in this organization,” he said.

He added that all eyes will be on the BRICS Games in 2024. “The upcoming tournament must be organized at the highest possible level,” he said. The sporting event will host 20 different sports with 97 countries participating in Russia.

Also Read: BRICS: India Could Reject Membership of New Countries in 2024

More Than 40 Countries Seek To Join BRICS in 2024

BRICS Leaders
Source: Wikipedia Commons

Apart from the 97 countries that are participating in the BRICS Games 2024, more than 40 nations are also looking to join the alliance. In 2024 alone, seven new countries have expressed their interest and submitted formal applications to enter the bloc. Read here to know the list of seven countries that have applied to join BRICS in 2024.

Also Read: Currency: Indian Rupee Crushes The U.S. Dollar Today

The 16th BRICS summit will also be held in Russia’s Kazan region in October this year. The alliance will decide on the prospects of the applications in the upcoming BRICS summit. All decisions will be taken on a consensus basis after weighing the pros and cons of a particular application.

BRICS is the only bloc that is looking to end reliance on the US dollar and push local currencies for cross-border transactions. Read here to know how many sectors in the US will be affected if BRICS ditches the dollar for trade.