BRICS is an organization founded by Brazil, Russia, India, China, India, China and South Africa, with 5 new countries joining last year… BRICS, which was established for member countries to trade with each other, has become the symbol of the “de-dollarization” trend in global trade in the last 2 years, that is, to trade in local currencies rather than dollars.
While the global media started to open special headlines on BRICS, Russia started to make statements one after another. Russia, which announced that BRICS would create a common currency and a central bank, also announced the intense interest in BRICS yesterday. Igor Morgulov, the country’s ambassador to China, wrote in his column for the South China Morning Post newspaper that 30 countries are waiting in line to join BRICS.
While Morgulov did not name the countries, Bolivia has made it clear that it is one of them. The South American country’s President Luis Arce emphasized the impact of BRICS on global dynamics: “The world order today is shifting towards a fairer and more balanced situation based on multipolarity and multilateralism.” The BRICS economies have been instrumental in challenging US dominance, Arce said, adding that they represent a hope for enhanced cooperation and complementarity among countries.
“BRICS countries can stand against the new Cold War”
Chinese Foreign Minister Wang Yi, who attended the BRICS meeting in Russia, said that BRICS countries can promote peace and oppose a ‘new Cold War’: “BRICS should adhere to independence and objectivity, promote the international community’s consensus on peace, and oppose the instigation of a ‘new cold war’ under any pretext.”
Yi, who met with his allies’ counterparts at the BRICS meetings, also made the following statements about his country’s relations with these countries:
“Enhancing China-Russia relations is a strategic choice made by both sides based on their respective core interests, in line with global trends and the passage of time. We are willing to fully support Russia’s chairmanship of the bloc. China is willing to work with Russia to maintain strategic focus, explore the potential for cooperation, respond to external pressures, and promote the solid and continuous progress of bilateral relations.”
CHINA-BRAZIL: “China values Brazil’s significant influence in the Latin American region, and we are willing to jointly promote cooperation between the Community of Latin American and Caribbean States (CELAC) and the Southern Common Market.”
CHINA-IRAN: “China is willing to work with Iran to view bilateral relations from a strategic perspective, guide the development course of bilateral relations, comprehensively deepen coordination in regional and international affairs, and make greater contributions to regional and world peace.”
(world newspaper)
