BRICS 17 in the UAE reflects the added value that the country brings to the BRICS group, which aims to be an influential economic force on the international stage. By strengthening its economic partnerships, the UAE emerges as a strategic partner contributing to sustainable development and shared prosperity among participating nations. During this summit, the UAE served as a vital focal point, with a delegation led by His Highness Sheikh Khalid bin Mohamed bin Zayed Al Nahyan, who emphasized the importance of the UAE’s role in global economic issues.
The UAE’s Effective Role in the BRICS Group
The UAE proudly participated in the 17th summit of BRICS leaders, held in Rio de Janeiro, Brazil. The country’s delegation was led by His Highness Sheikh Khalid bin Mohamed bin Zayed Al Nahyan, who highlighted the importance of enhancing the UAE’s presence within the group, reflecting the country’s strategic orientations and future vision. The UAE president underscored the significance of platforms like BRICS for promoting understanding and cooperation to address economic and humanitarian challenges.
Sustainable Partnerships in Times of Global Challenges
In his speech, His Highness Sheikh Khalid affirmed that the UAE believes economic integration and constructive dialogue are fundamental to achieving international stability. He noted that expanding the group would enhance strategic cooperation among countries and regional blocs. The summit discussions addressed urgent issues such as strengthening cooperation among the Global South, reforming governance systems, and supporting the use of local currencies in trade exchanges.
The Importance of BRICS in the Global Economic Landscape
Since its establishment, BRICS has seen a steady increase in its membership, growing from five to ten key members. The group represents over 40% of the world’s population, making it a significant geopolitical and economic force. The warnings from the United States regarding tariffs have been disregarded, as BRICS member countries, including the UAE, are viewed as a strong market for global economic growth.
The UAE’s Message Through Economic Gatherings
The message of the UAE in participating in such economic gatherings lies in its belief that economic development is the key to stability. His Highness Sheikh Mohammed bin Rashid Al Maktoum emphasized this concept, stating that “development is the key to stability… and the economy is the most important policy.” This vision embodies the essence of the UAE’s role in BRICS and contributes to providing added value through active participation in international economic affairs.