... dialogue with African countries has been their participation in global negotiation platforms and non-Western political institutions. In particular, Russia supported the idea of Egypt joining the SCO as a dialogue partner and the launch of the extended BRICS format, which is still under discussion.
For Cairo, institutional access to the Shanghai Cooperation Organization is more than the start of a dialogue on the terrorism-separatism-extremism triad. First, participation in the same security structure ...
... India hopes to serve as a bridge between them as well as a balancing force within each against their most radical elements.
Managing Bi-Multipolarity
It is for this reason that India has sought to play leading roles in multilateral platforms the Quad, BRICS, and the SCO. The first one serves as its means for balancing China’s rise in what India hopes will be a friendly, gentle, and non-hostile way compared to the new AUKUS alliance’s non-friendly, harsh, and hostile one. BRICS and the SCO, meanwhile,...
... platforms could be created on the basis of existing arrangements and economic blocs — in the case of G20 there could be a case for creating a regional R20 composed of the regional integration blocs where G20 countries are members. Similarly, for the BRICS, a BRICS+ format that brings together regional integration arrangements where BRICS economies are members provides for smaller emerging markets to deliver their contribution to the process of economic integration in the Global South.
Source:
Valdai....
... the possibility of using Chinese Yuan for settlements in lieu of Saudi’s oil deliveries to China. Back in 2017 the Valdai Club advanced
the R5 initiative
that was meant to bolster financial settlements and transactions in the national currencies of BRICS members.
An extension of this initiative was the R5+ concept that involved the extension of the use of national currencies not only to BRICS members but also to the regional partners in regional integration arrangements and the respective regional ...
... take sides in this forthcoming US-China rivalry. On the contrary, it is in their best interests to confront this bipolarity and to mitigate it to the extent possible with a new emphasis on multilateralism.
India, China and Russia are all members of BRICS and of SCO; Moscow could work harder making these institutions more efficient in reaching common denominators for even highly sensitive security and development issues. There is also a separate mechanism of the Russia-India-China trilateral consultations,...
... partners of the United States, the likelihood of such involvement is negligible, especially since it would immediately paralyse the Five. By staying above the new global fray and suggesting new rules and regimes for counteracting transnational challenges, BRICS will help to moderate the fray and prevent the emergence of new Cold War blocs and the general polarisation into “USA+” and “China+”.
It is important to understand in this context that a limited number of great powers are no longer able to govern the world effectively. This is realised by a growing number of regional actors that seek to play an active and independent ...
Article by Foreign Minister Sergey Lavrov for the media of the BRICS countries "BRICS Strategic Partnership for Global Stability, Shared Security and Innovative Growth", November 12, 2019
On November 13–14, 2019, Brasilia will host the 11th BRICS Summit. In the run-up to this key event of the year ...
... Asian accent.
Bilateral relations and multilateral formats — in particular, as part of the Shanghai Cooperation Organization, BRICS and RIC (Russia, India, China) — have created conditions in which Russia, neither the largest nor a dominant player, has ... ... success lie in the fact that here Russian actions are clearly focused on its interests (and not on its own ideology; in its refusal to impose some geopolitical model on other countries; in a good knowledge of the region and the capability and readiness ...
... protracted play.
When President Yeltsin first submitted an application for Russia’s membership in the G7 back in 1992, there were simply no other alternative associations in the world where Moscow could try to squeeze in. Structures such as the G20, BRICS or SCO did not exist at the time, and Russia’s membership in NATO and the European Union seemed unrealistic even then. Therefore, joining the “Group of Seven” not only pursued situational tasks (access to financial and technical assistance ...
Interview with Dattesh Parulekar, Assistant Professor, Centre for Latin American & International Studies, Goa University
How do Indian experts see the role of BRICS in world politics and what do they think about current relations between Russia and India?
Dattesh Parulekar
, Assistant Professor, Centre for Latin American & International Studies, Goa University and Vice President, Forum for Integrated National ...
