Valdai Discussion Club
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πŸ—ΊοΈ 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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πŸ—ΊοΈ 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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🌐 BRICS today leaves no one indifferent; its polarising influence extends to  the remote corners of the world.

For some, it is definitely a β€œbone in the throat”, while for others - the only beacon of hope in the raging ocean of our world. For still others, it is a complete working tool for reforming the existing world order. Regardless of the polarity of the assessments, no one ignores or denies the strong place of the association in international relations.

BRICS today is not only in great demand, it is also simply a β€œfashionable” project. However, this fashion for BRICS creates excessively high expectations with regards to the results of its work. This is precisely what poses the main danger for the group.

The active fans, while elevating BRICS to Olympus and ignoring the realities on Earth, very quickly cool down when the realities force them to remember that Olympus has always been dauntingly out of reach.

There are those who know that the result is achieved with sweat and blood, and that it is necessary to work hard to ensure that the aspirations of BRICS to build a more democratic and fair world order will not remain unrealised, writes Viktoria Panova, Vice-Rector of the National Research University Higher School of Economics, Head of the BRICS Russian Expert Council, Sherpa of the Russian Federation in the Women’s Twenty (W20).

https://valdaiclub.com/a/highlights/russia-s-brics-presidency-life-on-the-eve-of/

#WiderEurasia #BRICS

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