... that the option of granting of permanent membership to Japan and Germany is essentially excluded. Another peculiar feature of China’s position is the aspiration for the so-called “
package solution
,” i.e. for transformations with the maximum backing ... ... Dialogue (QUAD) – and this cannot but alarm Beijing.
To summarize everything stated above, it is highly probable that the Russian presidency in BRICS will involve the challenge of bringing together the positions of both the “old-timers” and the new members on the UN ...
... analogue of the American dollar in BRICS in the form of the currency of one of the member countries? The question is whether China itself is ready to internationalize the yuan to the extent that the US dollar has today.
Evelina Fokina:
Institutionalization of BRICS: From Literature Review to Making Reality
The fourth problem is the unbalanced and fragmented balance of payments when making payments in national currencies. This problem arises, for example, in trade relations between Russia and India, where the Russian side has a surplus of Indian rupees due to a significant excess of Russian exports over Indian ...
... develop your own systems. You will say, “Hello, I don’t need your payment system. I want my own system.” It can be through BRICS, through somebody else. In the next two years, you will develop something for sure! You will come up with it! Their [foreign] technology will pay and your scientists will suddenly say “hey, I need to do something about this “ and crack it. So you [Russia] will be an island. China will be an island. India will be an island. If our relationship is good now, you will allow me to talk to you, but if tomorrow ...
RIAC, Institute of China and Contemporary Asia of the Russian Academy of Sciences and Institute of International Studies at Fudan University Report #87 / 2023
RIAC, Institute of China and Contemporary Asia of the Russian Academy of Sciences and Institute of International Studies at Fudan University Report ...
The 15th BRICS summit in South Africa is set to bring major changes to the global economic landscape
The 15th BRICS summit in South Africa ... ... unleash an expansion that may result in a significant increase in its economic weight and influence on the international arena.
China-proposed "BRICS Plus" cooperation approach launched in 2017 is bearing its fruits as dozens of developing economies ...
... brewing US-China conflict. It is in their common interests to resist the emerging bipolarity and, where possible, to mitigate its negative repercussions, with an emphasis on promoting multilateral mechanisms of international cooperation.
For example, Russia, India and China are members of the BRICS and the SCO. Moscow and New Delhi should make additional efforts to ensure that these institutions are not going to evolve into “the leagues of extraordinary gentlemen”, but instead will become effective tools in the search for a common denominator ...
... Lissovolik (Lissovolik), Program Director with the Valdai Discussion Club and member of the Russian International Affairs Council, shared his views on these matters with Global... ... responses coming though G20 policy coordination.
GT: How do you feel about the changes in China's role and influence in the G20 over the past few years? What has China's vision... ... the developing economies in the G20 as well as in other international fora such as BRICS/BRICS+. China's particular emphasis placed on openness and multilateral cooperation...
... million squared kilometers, with China taking the 3rd position, Brazil and India taking the 5th and 7th spot respectively. Furthermore, the top three spots in the world in terms of the number of countries that border the respective economies are taken by BRICS economies — China and Russia hold the number one spot with 14 border countries, while Brazil and India take the #3-4 ranking with 10 border countries each. Four BRICS economies also take the top 4 positions in the world in terms of the length of the border with neighboring ...
... global influence and becoming the epicentre of multilateral partnership in the interests of universal and equal development. It is by no accident that the Summit was attended by 13 countries in addition to Brazil, Russia, India, China and South Africa (BRICS+).
The leaders of Russia and China said in their addresses that the nations of BRICS stand for joint efforts to promote peace and stability around the world. BRICS enjoys support of many nations in Asia, Africa and Latin America. The five countries seek independent foreign policies ...
... demonstrates the failure of the policy of isolating Russia. The Kremlin is ready to move away from the previous logic of the BRICS, when the association was emphatically positioned neither as an alternative to the West, nor as a coalition against it. Today, such positioning is no longer relevant for Russia and China. The latter confirmed this by inviting Iran to participate in the Summit, a country that is in a long-standing conflict ...
