... cooperation among the regional integration blocks and regional organizations in which BRICS/BRICS+ countries are members. The nucleus of this format may be based on the cooperation among the key/priority regional projects of BRICS members: BIMSTEC (South Asia), Eurasian Economic Union, African Union, MERCOSUR (Latin America), Shanghai Cooperation Organization (Asia). Such a format has the benefit of being significantly more inclusive with respect to the small- and medium-sized economies of the Global South. ...
... relationship to further heights. China is leading the Shanghai Club and Pakistan’s inclusion in this club is the remarkable addition to Pak-China relations.There hasn’t been any substantial economic activity or joint venture between Pakistan and Eurasian countries. This membership may provide an opportunity for Pakistan to enhance the trade volume and to launch the economic projects with Eurasian countries.This success is also being considered as economic achievement because through this membership,...
... more resources, and would make its strategic rear in the north even more secure as it deals with the issues south and east of its shores. The result is that the unique position that the United States has held since the 1990s as the dominant power in Eurasia is now history. Symbolically, the Pentagon's quiet departure last month from the Manas air base in Kyrgyzstan closes the book on that era.
Source:
Carnegie Moscow Center
