BRICS: Union of Reformers and National Interests
... global level) : The general financial structures of the BRICS countries guarantee stability against the background of increasing instability. Given their political and economic positions, India and Brazil do not feel that the current structure of the UN Security Council adequately reflects contemporary reality. Their concern stems from the fact that they must rely on Russia and China to represent the interests of the BRICS countries at the Security Council. China does not want to grant India equal status and has suggested alternative methods for expanding the Security Council without giving new members the right to veto. For New Delhi, this option is unacceptable,...