Discussions about the structure of the upcoming gathering in South Africa continue, Kremlin spokesman Dmitry Peskov said on Friday, commenting on Russian President Vladimir Putin's possible participation in person in the event.
"The format has not been fully decided upon yet, discussions are continuing. After the final decision is made, we will inform you about it," Peskov told a briefing.
The growing interest in BRICS from developing countries is taking place against the backdrop of growing frustration in the Global South with lack of reforms in multilateral governance and financial institutions.
Global volatility in fuel and food prices caused by the western efforts to phase out Russian commodities from the supply chains has adversely affected the economic well-being of developing nations.
Global volatility in fuel and food prices caused by the western efforts to phase out Russian commodities from the supply chains has adversely affected the economic well-being of developing nations.