”During the BRICS Summit last October 2024, hosted by Russia in Kazan, President Putin has made a smart move: No new BRICS countries were immediately admitted, but a pre-cursor to BRICS was established, the so-called associate BRICS countries. They benefit from the same basic trade rules as do the full-fledged BRICS, namely trading free of inter-country tariffs and in their local currencies. Not in US-dollars. This offers an extraordinary opportunity for expanding free trade among the Global South, thereby establishing a new global market pole, the Global South, with the BRICS at the core.”