BRICS agreed to accept new members to achieve a “more inclusive” world order

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Once over Russia And West head to head Ukraine, Moscow and some of its leading allies, more counterweight against the USA and European Union Within the framework of the BRICS countries summit, which ended this Thursday in Johannesburg. The giant bloc of Brazil, Russia, India, China and South Africa is almost coming together 42% of the planet’s population30% of the region, 23% of world GDP and 18% of global trade. At its meeting Wednesday, the organization decided to open up to new members to achieve a “more inclusive” world.

“While the BRICS are firmly committed to promoting the interests of the Global South, we are ready to cooperate with all countries aiming to create more inclusive international order“, said Ramaphosa, reaching out to all countries that wish to approach the bloc. South Africa, the host of this summit, is holding the rotating presidency this year.

More letters to BRICS

One of the complaints shared by developing countries is global american monopoly. “The world is changing. New economic, political, social and technological realities, more cooperation between countries‘ said the South African leader. multilateralism This is one of the mottos of these countries, which want their weight in the world to be reflected in the leadership of the planet.

South African Foreign Minister Naledi Pandor announced in his country’s media that member states “approved a document”. defines policies and conditionsIn addition to the process for countries wishing to become members of the BRICS, new countries including regional powers such as Ethiopia, Congo or Kazakhstan can join this group. A total of 40 countries and 22 countries are among those who are interested. They have already submitted their official demands, including Algeria, Bangladesh, Venezuela and Iran.

Brazil, Russia, India and China formed the BRIC group in 2009 and expanded it in 2011. adding South Africa, hence the letter ‘S’ was added to the abbreviation. The Indian ‘Business Standard’ newspaper noted that five of the candidates (Argentina, Egypt, United Arab Emirates, Indonesia and Saudi Arabia) could receive official nominations this Thursday.

Economic and technological cooperation

In addition to ensuring the growth of the blog, another of the meeting’s biggest goals is strengthen ties between these countries and their economies. President of Brazil, Luiz Inácio Lula de Silva, In his speech, he talked about the creation of a common payment instrument for trade and investment among the BRICS countries and said that he believed this would reduce the economic vulnerability of these states.

“through New Development BankWe are able to offer our own adequate financing alternatives that meet their needs. Global South (…) Establishing a common unit of value for our commercial transactions and investments in BRICS countries will increase payment options and reduce our vulnerabilities,” he said.

The latest technologies were also discussed within the scope of the meeting. With a new space race approaching (India just landed its first probe on the Moon this Thursday), Narendra Modi reached out to his colleagues on the subject. He noted that “work is already being done on a constellation of BRICS satellites” at the moment. space exploration consortium It is among these countries that the President pointed out that topics such as the study of the cosmos and meteorology alike could be studied.

Chinese leader Xi Jinping, on the other hand, insisted on limiting some progress and showed interest in countering the risks associated with the application of artificial intelligence technologies. “We need to work together to reduce the attack” Risks associated with the use of artificial intelligence technologies ‘ said the Chinese president.

Everyone attended the meeting personally. Except for the BRICS presidents Vladimir Putin, He said he did it electronically. On behalf of Russia, Russian Foreign Minister, Sergei Lavrov. An order from the International Criminal Court put pressure on the Russian President, and given the possibility of his arrest in the country, the Kremlin chose to act cautiously.

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