... protection and digital infrastructure. If the NDB can emerge as a premier bank for emerging economies, their potential clients would appreciate this opportunity to mobilize resources for infrastructure and sustainable development projects.
Furthermore, BRICS facilitates multilateralism. Most of the Western multilateral institutions are only quasi-multilateral in the sense that the United States always has the last word in the IBRD, G7, NATO and AUKUS. There is no such hegemonic power within BRICS – all its members ...
... Johannesburg nor later. A reasonable approach would be to balance the two priorities by opening doors for a gradual rise of membership and concentrating on building the institutional capacity of the group that would help to erase the red line between BRICS members and its partners. In any case, the future of international multilateralism is likely to be defined more by project—based, flexible coalitions of the willing rather than by rigid and heavily bureaucratized blocs and alliances from the 20th century.
First published in the
Global Times
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... "anti-Western clubs" out of such multilateral fora—it would not be possible to sell such an approach to India anyway. Instead, BRICS and SCO should be used to search for compromises, including between China and India. RIC—a separate trilateral coordination ... ... opportunity to assist in sorting out some of its own problems with Beijing. This is the formula for the "project-based multilateralism" that might become a real game-changer for international relations in Eurasia.
Such a change would require ...
... regional integration blocs (Russia – the EAEU, Brazil – MERCOSUR, South Africa – the SACU), and, consequently, BRICS+ based on “integration of integrations” is the only possible format for economic integration and for opening markets between BRICS states.
The spirit of multilateralism and of building a new architecture that suits the interests of the entire Global South is important in establishing such platforms. Attempts to base BRICS solely on the narrow national interests could adversely affect the development prospects ...
... world’s largest economies, the European Union is a member of G20 as a single body. At the present summit, the European Union was represented by the heads of the European Council and the European Commission, Donald Tusk and Jean-Claude Juncker. Similarly, BRICS countries use G20 to discuss issues of their own.
G20 in Implementing Russia’s Strategic Tasks
Russia’s current strategic priority is to take part in the establishment of the concept of a multipolar world and in elaborating new principles of ...
... machine are clearly malfunctioning, hardly anyone would deny that it remains the most successful integration project implemented in the modern world.
For those who do not like the experience of European integration, it is worth looking for sprouts of new multilateralism elsewhere. Examples include the BRICS+ project and the “Community of Common Destiny.” Both initiatives attempt to avoid the over-complication, exclusivity, and rigidity of the European project by offering potential participants more diverse cooperation options. However, should these ...
