Brazilian journalist and columnist Pepe Escobar said BRICS would be able 'to set the rules of multipolarity all over the world' in the future, during the Knowledge Marathon on the sidelines of the World Youth Festival in Sirius on Saturday.

"BRICS is going to expect… There is a list of 30-something countries that want to be part of it. So, can you imagine that in two or three years we're going to have a BRICS 40, then they will be actually dictating the rules of multipolarity all over the world. So the perspective is very good," the journalist said, adding that everything that has been done on the way to multipolarity 'has been decided by Russia and China up to the highest level'.

Escobar also mentioned Russia's contribution to the progress towards multipolarity.

"It is up to Moscow to delineate the road map for multipolarity that, that's what all of us, all of you and everybody watches in the whole Global South wants. Nobody wants to live in the rules-based unipolar international order anymore this is over," he noted.

Escobar went on to say that Western countries have 'lost their hegemonic power' and can no longer offer an alternative to the Global South, 'apart from their ideology which is forever worse'.

The World Youth Festival takes place on March 1-7. According to the organisers, it intends to develop international youth cooperation and bring together 20,000 young people. The regional programme will take place on March 10-17, during which the participants will visit 30 Russian cities.

The Sirius 'Innovation Science and Technology Centre' is the first federal territory in Russia located on the Black Sea coast near the city of Sochi.