Discussion on BRICS Development Takes Place at the World Youth Festival

As part of the World Youth Festival, on Saturday, March 2, the BRICS: New Challenges in the Era of Global Development discussion session took place. The event also featured a debate on "Priorities and Strategic Areas of Scientific, Technological, and Innovation Cooperation among Partner Countries.” 

Every day of WYF is dedicated to a specific meaning that runs through all events and formats of the program. March 2 is the day of “Responsibility for the fate of the world.” 

The speakers discussed the interaction of civilizations, cooperation and joint development within the BRICS framework, the democratic foundations of relations between states and the focus on economic development. Also, the issues about how BRICS, as a new system for ensuring international security and strategic stability, could influence the development of the future, were considered. 

“BRICS is a model of international relations of the future, which is based on completely new principles for the international community - the principles of generalization of sovereign states, each of which is ready to accept its partners as they are, and not as they would like to see them. And who are able to resist the dictates of the Western powers, who have been dictating for centuries and are trying to continue to dictate their will to everyone else. BRICS is a force aimed at the future; it represents more than 43% of the world’s population,” said Vyacheslav Nikonov, Chairman of the Board of the National Committee for BRICS Research, during the discussion.

He added that BRICS is a club of countries that are developing and represent the world majority. In addition, the BRICS countries have surpassed the G7 in terms of economic potential. 

Professor of the Institute of Economics of the University of Campinas Bruno De Conti spoke about the concept of the Global South and the possibility of Brazil's presidency of the G20. 

Professor of the Faculty of Mechanical and Industrial Engineering of the Center for Nanotechnology at the Indian Institute of Technology Rourke Pal Kaushik spoke about the importance of BRICS for India.

Also during the discussion, issues about BRICS as a new system for ensuring international security and strategic stability were raised. They also discussed the world's youth in the era of globalization and the development of social medias, as well as the regulation of legal aspects of the use of artificial intelligence. 

“I think that BRICS today is capable of influencing the development of the future world order. Because all the BRICS countries are established states with a developed economy and political system. And they can be the center of attraction for other states. The BRICS countries are located on all continents of the modern world, and they can also influence the positions of all other countries,” said Nikolai Bordyuzha, Chairman of the Coordination Council of the Eurasian Information and Analytical Consortium.

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The World Youth Festival is taking place at the Sirius Federal Territory from March 1 to 7, 2024, as per the decree issued by Russian President Vladimir Putin aimed at fostering international youth cooperation.

The Federal Agency for Youth Affairs (Rosmolodezh) is the organizer of the World Youth Festival, with the Directorate of the World Youth Festival serving as the operator for WYF-2024.