Global economy dialogue opens in Moscow amid rising influence of BRICS

In Moscow, Russia, an open dialogue focused on the future of the global economy commenced on April 28, 2025, and is set to conclude on April 30, 2025. This three-day event, hosted at the National Centre RUSSIA, gathers representatives from 48 countries to discuss key themes related to global economic development. The platform aims to foster conversations on the impacts of current global changes on people's lives, drawing on nearly 700 essays submitted by experts and scholars worldwide. The essay topics ranged from investments in people, technology, and the environment to connectivity, indicating a broad interest in the various factors influencing future growth. The participation of diverse representatives, including scholars, youth organizations, government officials, and business leaders, highlights the importance of collective discourse in addressing pressing global issues. Discussions on the first day focused on pitches by essay participants, while the subsequent days will feature world-class expert speeches and panel discussions. Among the notable themes is the role of BRICS nations, which are increasingly seen as rising centers of economic influence on the global stage. This aligns with the broader trend toward multipolarity in international relations, suggesting a shift away from a unipolar world dominated by single powers. Maxim Oreshkin, Deputy Chief of Staff of the Presidential Administration of Russia, emphasized that BRICS nations are not uniting against others, but rather towards a collaborative future based on consensus. This sentiment was echoed by American economist Jeffrey Sachs, who argued for the necessity of multiple cultural systems and value approaches in global interactions. The open dialogue not only allows for shared experiences and insights but also aims to compile a final report integrating the varied ideas and recommendations from participants. As this platform for discussion continues, it seeks to explore long-term implications of global transitions on societal well-being. Ultimately, the outcomes of these talks are expected to inform policy and promote cooperative initiatives among participating nations. The event stands as a testament to the increasing interdependence and collaborative spirit evident in addressing global challenges, particularly in the context of rising economic powers within the BRICS framework.