The three-day meeting of the heads of the five BRICS countries with the presence of dozens of other heads of state started in Johannesburg, South Africa on Tuesday, August 22, 2023. This is the 15th meeting of the BRICS heads.
Publish dateThursday 24 August 2023 - 08:48
Story Code : 275445
Afghan Voice Agency (AVA): In this meeting, the joining of new members as well as ways to expand BRICS global political and economic influence will be discussed. The leaders of the five BRICS member countries will make decisions about the development of this international organization more than anything else in this meeting. 23 countries have already announced to join BRICS. The list shows where BRICS is headed by accepting them, as the candidates include countries from different continents and range from Saudi Arabia and the UAE to Argentina and Iran, Cuba, Belarus and Venezuela.
The common demand of the BRICS members, who produce a quarter of the world's wealth and make up 42% of the world's population, is "a more inclusive global political and economic balance, especially vis-à-vis the US and the European Union." While China, Russia, India, Brazil and South Africa, as emerging economies, are members of BRICS, this group is looking to increase its member states and expand its influence in the world.
Chinese President Xi Jinping said in an article published in South African media on Monday: "The leaders of the BRICS countries at this summit want the international community to consider a greater role for the BRICS cooperation mechanism in global governance."
A look at the official request of 23 countries to join BRICS
Western experts try to raise the issue of admitting new members to BRICS as a source of discord in this group. They claim that the issue of BRICS expansion is especially disputed between India and China, two powerful economies of this group. South Africa's foreign minister said on Sunday that the country was working on a list of "guidelines" for new members to enter this year.
In 2009, the emerging powers and economies of the world tried to establish a political and economic union for cooperation without the presence of Western powers, which was called BRICS. By being at the head of the BRICS group, China and Russia are seeking to end the dominance of the dollar and the economic power of the West in trade relations.
BRICS members have also repeatedly expressed their desire for a more appropriate representation of the global south in international institutions such as the United Nations Security Council, the International Monetary Fund or the World Trade Organization. Due to the nature and goals of BRICS, other developing countries also became interested in becoming members of this economic institution.
BRICS; An effective economic bloc in world trade
The BRICS group is a symbol of the desire of its five member countries, four of which are China, India, Brazil and South Africa, which are among the emerging economies. To participate in the management of the global economy and compete against the Group of 7, which consists of the leading industrialized economies of the Western bloc. BRICS is often compared to the Group of 7.
Although, some criteria of comparisons can be justified, these two groups are fundamentally different in terms of purpose, structure and evolution. The Group of 7 is politically, economically and ideologically homogenous, while BRICS is diverse in all respects. The role of the Group of 7 is to maintain the old order in which the West was dominant while accepting members in BRICS to create the elements of a new, more diverse and balanced world order.
Belarus' request to join BRICS
At the same time, BRICS wants to change the world order, especially the world economy. Russia wants BRICS members to take active steps in reforming the financial system and global economy so that the conditions for the development and economic growth of developing countries are provided in a fair environment. Russian President Vladimir Putin has proposed that the members of the BRICS group actively take steps to reform the financial system and global economy in order to provide conditions for the development and economic growth of developing countries in a fair environment.
The BRICS group includes 42% of the world's population and started working 14 years ago with the aim of strengthening the commercial and economic relations of developing countries, as well as creating international parallel institutions such as development banks and a new trading system. . BRICS has very important capacities for rapid economic development and becoming an influential and decisive pole in the international economy.
The common demand of the BRICS members, who produce a quarter of the world's wealth and make up 42% of the world's population, is "a more inclusive global political and economic balance, especially vis-à-vis the US and the European Union." While China, Russia, India, Brazil and South Africa, as emerging economies, are members of BRICS, this group is looking to increase its member states and expand its influence in the world.
Chinese President Xi Jinping said in an article published in South African media on Monday: "The leaders of the BRICS countries at this summit want the international community to consider a greater role for the BRICS cooperation mechanism in global governance."
A look at the official request of 23 countries to join BRICS
Western experts try to raise the issue of admitting new members to BRICS as a source of discord in this group. They claim that the issue of BRICS expansion is especially disputed between India and China, two powerful economies of this group. South Africa's foreign minister said on Sunday that the country was working on a list of "guidelines" for new members to enter this year.
In 2009, the emerging powers and economies of the world tried to establish a political and economic union for cooperation without the presence of Western powers, which was called BRICS. By being at the head of the BRICS group, China and Russia are seeking to end the dominance of the dollar and the economic power of the West in trade relations.
BRICS members have also repeatedly expressed their desire for a more appropriate representation of the global south in international institutions such as the United Nations Security Council, the International Monetary Fund or the World Trade Organization. Due to the nature and goals of BRICS, other developing countries also became interested in becoming members of this economic institution.
BRICS; An effective economic bloc in world trade
The BRICS group is a symbol of the desire of its five member countries, four of which are China, India, Brazil and South Africa, which are among the emerging economies. To participate in the management of the global economy and compete against the Group of 7, which consists of the leading industrialized economies of the Western bloc. BRICS is often compared to the Group of 7.
Although, some criteria of comparisons can be justified, these two groups are fundamentally different in terms of purpose, structure and evolution. The Group of 7 is politically, economically and ideologically homogenous, while BRICS is diverse in all respects. The role of the Group of 7 is to maintain the old order in which the West was dominant while accepting members in BRICS to create the elements of a new, more diverse and balanced world order.
Belarus' request to join BRICS
At the same time, BRICS wants to change the world order, especially the world economy. Russia wants BRICS members to take active steps in reforming the financial system and global economy so that the conditions for the development and economic growth of developing countries are provided in a fair environment. Russian President Vladimir Putin has proposed that the members of the BRICS group actively take steps to reform the financial system and global economy in order to provide conditions for the development and economic growth of developing countries in a fair environment.
The BRICS group includes 42% of the world's population and started working 14 years ago with the aim of strengthening the commercial and economic relations of developing countries, as well as creating international parallel institutions such as development banks and a new trading system. . BRICS has very important capacities for rapid economic development and becoming an influential and decisive pole in the international economy.
avapress.net/vdcgtn9xnak9ut4.5jra.html
Tags
Top hits
