🇧🇷 Brazil has been cautious regarding the expansion of BRICS.

The country fears that the dilution of power among new members could negatively affect its influence in the process of transforming the structure of international governance.

As it is well-known, Brazil sees obtaining a permanent seat at the UN Security Council as one of its strategic foreign policy goals and does not want to have other competitors inside BRICS.

The option for disengagement from BRICS is gaining adherents among Brazilian diplomats and is being actively promoted by sectors of Brazilian organized civil society, especially those NGOs and think tanks that receive financial support from European and American institutions.

The engagement of these sectors in the G20 events during Brazil’s Presidency of 2024 and the lack of interest in the BRICS process during Russia’s Presidency in the BRICS in the same year is another sign of alertness, writes Fabiano Mielniczuk.

https://valdaiclub.com/a/highlights/at-the-crossroads-brazil-in-the-face-of-brics/

#WiderEurasia #Brazil #BRICS

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🗺️ High expectations are associated with the upcoming BRICS summit in Kazan this October.

They touch upon both the issues of economic and financial coordination between the BRICS countries and the further development of the BRICS value platform. In this regard, it would be interesting to turn to the origins of BRICS and recall the value postulates that were laid down as the basis for the functioning of the group. These largely determine the symbolic alternative that BRICS represents in modern world politics, and make it attractive for entry for many countries of the Global Non-West and South.

The main message of those summits – a call for a fairer, more democratic and more harmonious world order, as well as the principle of strengthening the role and influence of the non-Western world in global affairs, remains quite relevant today, writes Oleg Barabanov.

https://valdaiclub.com/a/highlights/history-of-the-formation-of-the-brics-value-platform/

#GlobalAlternatives #BRICS

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🗺️ The 2024 expansion is the most important milestone, after which BRICS found itself at a fork in the road.

It will either preserve and strengthen the quality of cooperation amid the new composition and turn into a genuine institute of global governance and dive into the formation of a more just world order, or it will become a loose and non-decision-making discussion club, participation in which is prestigious, but does not oblige its members to make any obligations or compromises, which are necessary for genuine multilateralism, Dmitry Suslov writes.

https://valdaiclub.com/a/highlights/brics-after-expansion/

#WiderEurasia #BRICS

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