Kazan hosts the summit in light of the Russian presidency of the bloc for 2024.

During the summit, El-Sisi will present Egypt's vision and positions on some significant international and regional issues, according to a statement by the Egyptian presidency. 

These include ways to strengthen economic and developmental cooperation among the bloc's member states to ensure enhancing multilateral efforts and contribute to addressing the most pressing global challenges, politically and economically.

In addition, the Egyptian president will address the need to reform the global financial structure to achieve the intended balance and promote the developing countries' voices and interests in various international and regional fora.

The statement said this vital need emerges from the increasing negative impacts of international conflicts and crises on developing countries' developmental efforts.

El-Sisi will also address climate change-related issues.

Moreover, he will highlight Cairo's unwavering position regarding developments in the Middle East, outlining the state's intensive de-escalating efforts to prevent a regional war.

The Egyptian presidency emphasized that escalation would gravely threaten all the resources and peoples in the region, endangering regional and international peace and security.

Egypt's position toward BRICS
 

Minister of Foreign Affairs Badr Abdelatty expressed Egypt’s appreciation for its accession to BRICS, calling it an opportunity to expand economic and trade cooperation.

Egypt is participating in the 16th BRICS Summit for the first time since joining the group in January 2024.

In an interview with Russia Today, Abdelatty expressed Egypt's hopes that the BRICS will serve as "a strong voice for the Global South and developing countries" in addressing global economic challenges.

FM Abdelatty shed light on the need to reform the international financial system particularly, calling for improved access to concessional loans and financing for development and climate action.

Furthermore, he pointed out the issue of external debt for middle-income countries as a pressing concern, advocating for reforms to institutions like the International Monetary Fund (IMF) and the World Bank (WB).

Egypt's top diplomat also stressed the importance of enhancing trade exchanges among BRICS members and promoting the use of national currencies to ease trade.

He noted that Egypt views the BRICS as an economic bloc, not a political one. 

"We count on this gathering to be a voice for the Global South and developing countries," he added.

Abdelatty reaffirmed Egypt’s opposition to political polarization, stating that the country is committed to advancing the economic agenda of emerging nations.

"We face serious and existential challenges at the regional and international levels, a matter that necessitates consensus among the major countries," he remarked.

He also highlighted Egypt's active participation in all the BRICS meetings since officially joining the group. It sees the BRICS as "the voice of the developing world to redraw the global financial network map."

Additionally, Abdelatty stressed that Egypt, as a founding member of the Non-Aligned Movement (NAM), is not interested in any form of political polarization.

"There is no military solution to any conflict," Abdelatty emphasized, saying those who believe excessive force can bring stability are "wrong."

BRICS Plus Summit
 

El-Sisi will also participate in the BRICS Plus Summit, featuring BRICS member states along with several countries and international organizations, where he will highlight the event's vital role in promoting South-South cooperation.

According to the statement, the Egyptian president is scheduled to meet his Russian counterpart Vladimir Putin and several other leaders participating in the summit, to discuss bilateral ties and regional and international issues of mutual interest.

Egypt is making significant progress in economic reform and comprehensive development and striving for a more sustainable economy amid withstanding crises, El-Sisi affirmed during his virtual speech addressing the BRICS Business Forum on Friday. 

The BRICS was formed in 2006 and initially included Brazil, Russia, India, and China, while South Africa joined later in 2011.

In 2023, the 5-member group increased its members to 10 countries, including Egypt.

According to the WB, BRICS brings together the world's major emerging economies, representing 41 percent of the world population, 24 percent of global GDP, and over 16 percent of world trade.