... Saudi Arabia and UAE. Perhaps, the only remaining region left outside the core is ASEAN/South-East Asia. Indonesia was discussed as a possible member, but it opted to stay on the sidelines in the end with the possibility of entry in later periods.
On BRICS+ format and the circle of friends of BRICS
: in para 92 of the Declaration the BRICS have tasked the Foreign Ministers “to further develop the BRICS partner country model and a list of prospective partner countries and report by the next Summit”....
It is possible to expand the communication lines between the BRICS and the G7, but most likely in terms of the sequencing of their outreach the BRICS will opt to prioritize the South-South format of BRICS+
Yaroslav Lissovolik is the Founder of BRICS+ Analytics
1
– a think-tank that explores the potential of the BRICS+ format in the global economy. Previously he worked as chief economist and head of research in Deutsche Bank Russia, the Eurasian ...
What is BRICS+?
What is BRICS+?
Despite the fact that the BRICS+ initiative was first proposed in 2017, there is still hardly any concrete framework or overarching concept advanced by any of the BRICS countries. The main theoretical forays into the BRICS+ concept ...
... and South Korea. At the same time there remains scope to complement the active ASEAN-EU links with greater engagement of ASEAN countries with the platforms developed by the Global South. In particular, ASEAN could become one of the key pillars in the BRICS+ global platform, it could also play a leading role in the creation of platform for Eurasia’s developing economies (Greater Eurasia).
Furthermore, ASEAN could also be a leading force in advancing cooperation between regional integration arrangements....
If China’s vision of BRICS+ provides the broadest horizontal span of the Global South, Russia’s vision of BRICS+ prioritizes the depth and alignment of integrating BRICS states’ priority regional projects
Amid an unprecedented spike in global geopolitical risks, the ...
... Eurasian Economic Union and China’s BRI may be a useful tool of rendering China’s and Russia’s infrastructure projects more harmonized, but a common globalization framework requires a broader platform. Such a platform may be represented by the BRICS+ framework that brings together the main regional integration blocs from the developing world and their development institutions.
More generally, what is of concern in the “new globalization race” is the competitive if not opposing nature of ...
... 50 MW.
What is the main purpose not only of the Summit, but also of China’s chairmanship in BRICS?
The most important innovation in the development of BRICS is, of course, China’s idea to include extra-regional players in the dialogue in the «BRICS+» and «BRICS++» format. This was announced at the beginning of 2017 by Chinese Foreign Minister Wang Yi. And this is China's great contribution to the development of BRICS as a global format that deals not only with the affairs of the «five» ...
