The U.S. slapped heavy sanctions on Russia after its Feb. 2022 invasion of Ukraine, including major blocks on the transactions of Russian financial institutions, banning U.S. imports of Russian energy products, and personal sanctions on Russian oligarchs in Putin's inner circle.

Russian President Vladimir Putin and his Chinese counterpart Xi Jinping discussed the war in Ukraine and relations with the West at length on the first day of the BRICS summit, the Kremlin said on Tuesday.

Yuri Ushakov, foreign policy aide to Putin, stated that 36 countries have confirmed their participation, with over 20 planning to send their heads of state, the Associated Press reported. The 2024 summit coincides with the annual meetings of the IMF and World Bank, the two Bretton-Woods institutions that BRICS positions itself as an alternative to.