BRICS Summit Summary

KAZAN, Russia (Reuters) – Here's a brief summary of the outcome of the BRICS summit:

• XI AND MODI: Chinese President Xi Jinping and Indian Prime Minister Narendra Modi met just two days after New Delhi announced a deal with Beijing to resolve a four-year military stand-off on their Himalayan frontier.

• LOTS OF LEADERS ATTENDED: Putin, eager to show that the West's attempt to isolate Russia over the Ukraine war has failed, attracted major leaders such as Xi and Modi, along with nearly 20 others including Turkey's Tayyip Erdogan. U.N. Secretary-General Antonio Guterres also attended.

• BRICS WAITING LIST: Putin mentioned that over 30 countries have expressed a desire to join BRICS, though there was little immediate clarity on how the expansion would occur.

• UKRAINE WAR: BRICS leaders discussed the Ukraine war with Putin in various formats, but there were no signs of specific actions to resolve the conflict.

• BRICS MONEY: BRICS leaders predict an increase in influence and outlined common projects, including a grain exchange and a cross-border payments system.

• MIDDLE EAST: Putin informed BRICS leaders that the Middle East is on the verge of a full-scale war following heightened tensions between Israel and Iran.