... institutions will be created, and whether the infrastructure and legal framework will be evolving. But even by a stretch of imagination one can see that the benefits of joining BRICS will be very modest both for Turkey and the grouping itself.
Unlike the European Union, BRICS is not a common market and is unlikely to become one. What is certain is that the markets of the countries will become much more visible to each other, which can significantly expand Turkey’s export potential. The country’s export structure,...
... Post-Soviet economic integration, which was launched in 2009 as part of the Eurasian Economic Union (EAEU), acquired a Central 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 so far been able to maintain balance with more powerful or advanced countries and stand up for its interests more or less ...
... the so-called “domino effect” that led to more and more European countries opting to join the ever expanding and massive European Union. Times have changed since, and with the EU facing the Brexit challenge, the next “integration growth” cycle ... ... an enlarged SCO+ could also facilitate the creation of a global platform for South-South integration either on the basis of BRICS+ or TRIA (see Y. Lissovolik, Valdai, 2018).
The corresponding sequencing of building a global framework of South-South ...
... interests of the participants in the system — formed the basis for the construction of the European Union. Even though the European Union is not in great shape today and individual parts of this complex machine are clearly malfunctioning, hardly anyone ... ... 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,...
... Vorontsov adds yet another dimension to this picture with an insight into Seoul’s vision on how to overcome its “islandness” by launching an ambitious westward project.
Georgy Toloraya takes a broader look by trying to figure out how the BRICS, a forum where Russia and China work closely together, can be turned into a platform for establishing new principles of world order. Alexander Gabuyev studies contradictions between Russia and China within the Shanghai Cooperation Organization. ...
... of isolation, not only in Europe." "One of these countries - China. President Putin's trip to China, a position of Beijing, are very important in this situation. Their positions have been also outlined by India, South Africa, Brazil - all BRICS countries. And we need to consolidate relations with those countries that do not follow the American policy of isolation "- added Pushkov.
He warned that "here and now the balance of world powers is tested," including "check ...