The BRICS group is still young as an organization, but has already proven its effectiveness. Brazil, Russia, India, China, and South Africa are coordinating their policies on key international issues ever more closely, and are playing an active part in shaping a multipolar world order and developing modern models for the world’s financial and trading systems.
Berlin has zero reasons to get into any sort of confrontation with China, but it still does so. However, this is certainly in the interest of the US, as Washington DC is desperate to portray Beijing as supposedly "isolated".
On January 1, six countries are expected to join the alliance of emerging economies. While Iran hailed the event as a victory for its foreign policy, Saudi Arabia still aims to clarify the terms of the membership and ensure that it will not be used as a "cash cow" for the weaker members
BRICS summit marked a historic moment as the five partner nations agreed to integrate six new members in January 2024. This will be a positive step in the trend towards multipolarity, but it also may prove a danger to cohesion within the group of rising nations
The recent BRICS (Brazil, Russia, India, China, and South Africa) summit has dominated the global news headlines for weeks because of its growing membership and bold visions. Obviously, for developing countries, the summit’s discussions and outcomes were treated as a historical development, which could shape a completely new world order