BRICS: New Silver Lining for the World
BRICS countries have not only sustained but fortified their economic and trade ties, delivering tangible benefits to global economic governance and fostering resilience in the global economy.
BRICS countries have not only sustained but fortified their economic and trade ties, delivering tangible benefits to global economic governance and fostering resilience in the global economy.
This bloc should not be a ‘talk shop’, but an ‘action team’ that can speak with one voice for the Global South.
The world is no longer as it was, unipolar-centric around one country. Many countries have the need to make their voice heard by the world.
What is the reason for this growing interest in the BRICS grouping? The search for inclusive and results-oriented multilateralism may be one of the answers to this question.
In pursuing high-quality development, China places people at the center of government actions. This is undoubtedly Lula’s objective. Both leaders share a common vision of what motivates them to lead their great nations.
Lula’s highly successful visit to China sets a valuable example for the developing world by creating conditions conducive to competitive progress, despite a world of seismic shifts.
Lula’s visit to China gave both countries the opportunity to renew the solidity of the foundation of bilateral relations and the friendship between the two peoples.
China has, indeed, had a prominent role in BRICS, but the five nations should improve their coordination, further build up their integration and stimulate more exchanges between them, expanding the platform’s agenda to also include the interests of the global South as a whole.
The U.S. dollar has been weaponized as a tool to impose punitive measures against any nation that would oppose the U.S. foreign policy agenda.
Brazil is a partner that China works with in advancing the Global Development Initiative. The bilateral cooperation should not be limited to trade and investment, but it’s also important for the two to jointly improve global governance.
As developing countries, China and Brazil have extensive consensus on many topics. The press and media in both countries are expected to play a positive role in directing the public in the right way.
In less than a decade, BRICS countries have evolved into regional or global leaders in digital technologies.