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BRICS expanded its membership to include five new nations

BRICS expanded its membership to include five new nations

BRICS expanded its membership to include five new nations

BRICS expanded its membership to include five new nations.

Global Updates

BRICS

  • Formed in 2006 by Brazil, Russia, India, and China, with South Africa joining in 2010.
  • New Members: Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates.
  • Combined population of about 3.5 billion people (45% of the world's population).
  • About 28% of the global economy.
  • Producing about 44% of the world's crude oil.
  • Russia's BRICS Chairmanship in 2024.
  • BRICS summit 2024: Russia.

G-33

  • 47 developing countries.
  • Call for permanent public stock holding solution for food security.
  • Focus: Agricultural protection in WTO.

COP 28

  • Held in Dubai.
  • Aims: Limit warming to 1.5°C, net-zero by 2050.
  • Next: Baku 2024.

EU adopts first law tackling violence against women

  • This is the first law in the European Union to protect women from gender-based violence.
  • It will come into force in 27 EU countries.

The European Parliament adopts the world’s first comprehensive artificial intelligence (AI) law

  • Objective: Protect EU citizens' rights and promote AI investment and innovation in Europe.

India hosted the 46th Antarctic Treaty Consultative Meeting

  • ATCM-46 & CEP-26: Hosted in Kochi, Kerala.
  • Antarctic Research Station: Maitri-II announced by Minister Kiren Rijiju.
  • Theme: "Vasudhaiva Kutumbakam" (The World is One Family).

The World Health Organization (WHO) has introduced an online platform called MeDevIS

  • MeDevIS Platform: World's first central hub for medical device information.
  • Objective: Assist in medical device selection, procurement, and use; simplify device naming via EMDN and GMDN systems.

16th BRICS Summit (2024)

  • Date: October 22-24, 2024.
  • Venue: Kazan, Russia.
  • Theme: "Strengthening Multilateralism for Fair Global Development and Security."
  • Key Points:
    • Host: Russia (President Vladimir Putin).
    • BRICS Plus: 13 non-member countries participated.
    • Outcomes:
      • BRICS Pay: Introduction of a new payment system, acting as an alternative to SWIFT.
      • Kazan Declaration: Support for reforms in the UN and the Security Council.
  • Special: 17th BRICS Summit (2025) will be hosted by Brazil.

G20 Summit 2024

  • Edition: 19th.
  • Venue: Rio de Janeiro, Brazil (Museum of Modern Art).
  • Theme: "Building a Just World and a Sustainable Planet."
  • Key Facts:
    • First G20 Summit hosted in Brazil.
    • First full G20 Summit with African Union as a permanent member.
    • African Union joined G20 at the 18th G20 Summit (New Delhi, India, 2023).

Armenia Joins International Solar Alliance (ISA)

  • Armenia's Membership: 104th full member of ISA.
  • ISA Formation: Established on November 30, 2015, by PM Narendra Modi and former French President François Hollande during COP-21.

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