{"id":87568,"date":"2023-08-26T01:02:36","date_gmt":"2023-08-26T00:02:36","guid":{"rendered":"https:\/\/jazairhope.org\/?p=87568"},"modified":"2023-08-26T01:02:36","modified_gmt":"2023-08-26T00:02:36","slug":"brics-11-strategic-tour-de-force","status":"publish","type":"post","link":"https:\/\/jazairhope.org\/en\/brics-11-strategic-tour-de-force\/","title":{"rendered":"BRICS 11 – Strategic Tour de Force"},"content":{"rendered":"
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Chinese President Xi Jinping defined all the major decisions embedded in the 15th BRICS summit in South Africa as \u201chistoric\u201d. That may be seen as an understatement.<\/div>\n<\/div>\n
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It will take time for the Global South, or Global Majority, or \u201cGlobal Globe\u201d (copyright President Lukashenko), not to mention the stunned collective West, to fully grasp the enormity of the new strategic stakes.<\/div>\n<\/div>\n
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President Putin<\/a>, for his part, described the negotiations on\u00a0BRICS expansion<\/a>\u00a0as quite difficult. By now a relatively accurate picture is emerging of what really went down on that table in Johannesburg.<\/div>\n<\/div>\n
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India wanted 3 new members. China wanted as many as 10. A compromise was finally reached, with 6 members: Egypt, Iran, Saudi Arabia, United Arab Emirates (UAE), Argentina and Ethiopia.<\/div>\n<\/div>\n
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So from now on it\u2019s\u00a0BRICS 11<\/a>. And that\u2019s just the beginning. Starting with the rotating Russian presidency of BRICS on January 1, 2024, more partners will be progressively included, and most certainly a new round of full members will be announced at the BRICS 11 summit in Kazan in October next year.<\/div>\n<\/div>\n
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So we may soon progress to BRICS 20 \u2013 on the way to BRICS 40. The G7, for all practical purposes, is sliding towards oblivion.<\/div>\n<\/div>\n
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