... reapplying unilateral sanctions and enforcing them all signatories or depriving Germany and Europe from pursuing investments and progress with Nord Stream II while expanding Permian oil and gas basin on full speed, or its growing and guided trade war with China and lately India are all signs of major concern for the custodian of the global reserve currency.
New World Begets a New Bank
As a default mode, China should also beware that “the sanctioned objects in the mirror are closer than they appear.” ...
... Foreign Minister Wang Yi will be visiting at the invitation of Brazilian Foreign Minister Ernesto Araujo, will attend the Formal Meeting of the BRICS Ministers of Foreign Affairs in Brazil and pay an official visit to the country from July 24 to 26. China will likely seek headway in talks with BRICS counterparts on economic issues pertaining to investment and trade – while major progress is unlikely in the short-term China will likely patiently keep these venues of cooperation on the radar screens in order to tackle them more actively in ...
... clear that no changes had taken place in China’s stance on Pakistan: Beijing still views Islamabad as a victim of terrorism, not as a sponsor, and China supports and highly values Pakistan’s efforts to fight militants. Significantly, Weidong Sun, China’s Ambassador to Pakistan, emphasized that the BRICS declaration listed only those organizations that had already been prohibited in Pakistan. It soon became clear that China had not changed its stance when it again blocked adding Masood Azhar, leader of Jaish-e-Mohammed, to the list of terrorists ...
... the US–China competitive hegemony. Still, Russia remains a very important strategic player. In fact, Russia has become a swing player. Essentially Russian goals determine the balance of powers, placing Russia in a very privileged position vis-à-vis BRICS. Also the fact that India, China and Russia now have reactivated the trilateral dialog called RIC, which happened in Buenos Aires, is also going to give further strength to BRICS. Because now they can actually use their trilateral cooperation as the building block within BRICS ...
... Bolsonaro and his party (the Social Liberal Party).
If top level contacts do make it possible to overcome ideological fears and improve mutual understanding, Araújo is likely to pay much attention to an alliance with Russia, including possibly in the BRICS format. Brazilian diplomacy may need Russia as a counterbalance to China’s influence in the bloc. For Brazil’s right-wing politicians, China remains a source of a far greater number of phobias than Moscow. Despite opening its economy in recent decades, formally, China remains a communist country and is the greatest ...
... a large set of bilateral agreements between public and private bodies. The summit also demonstrated that Russia is actively and successfully stepping up cooperation with Latin American countries and enhancing its multi-format collaboration with the BRICS nations, particularly with China and India.
It is both curious and telling that the media was most interested in the meetings held by Vladimir Putin, Xi Jinping, and Donald Trump. However, we should mention the different approaches of these heads of state. For example, the President ...
... collaboration (and the BRICS president’s rating has recently dropped to junk, thus prompting the idea of the organization establishing a rating agency of its own), it is still only a background. Probably, given the considerable contradictions in India–China relations, India is indeed the relatively “weak” link in BRICS. This applies not only to unresolved territorial disputes, but also to its strategic resistance to Beijing’s Belt and Road initiative, as well as other issues. Of course, the United States plays the Indian card in its rivalry with China with varying ...
On July 23, 2018, China Global Television Network (CGTN) in cooperation with South African Broadcasting Corporation (SABC) held a live phone-in show on the upcoming BRICS Summit in SAR.
On July 23, 2018, China Global Television Network (CGTN) in cooperation with South African Broadcasting Corporation (SABC) held a live phone-in show on the upcoming BRICS Summit in SAR.
The summit will be held on July 25-27 in Johannesburg. The leaders of Russia, Brazil,...
... 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,... ... constructive objectives. See:
http://globalaffairs.ru/number/n_1564
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Seventh Foreign Minister of the People’s Republic of China Qian Qichen stated that the world is still in a transitionary phase, and that the new model had not yet been completely ...
... or another. This means that the SCO is still facing institutional competition, albeit in an implicit and relatively mild form. We have already mentioned the SCO’s rivalry with the EAEU, but this is not the only possible scenario.
For example, the BRICS organization (which includes Brazil, Russia, India, China and South Africa) is based on the Eurasian triangle of Russia, India and China (the “RIC” part of the acronym). Now that India is a member of the SCO, the latter has come to reproduce, somewhat belatedly, the Eurasian triangle of BRICS; this ...
