The collective strength of BRICS nations allows for meaningful cooperation on myriad issues, however, the platform's ability to influence the trajectory of bilateral relationships remains limited. Do you agree?
Main Body
Russia Brazil - India - China - South Africa acronym coined by Goldman Sachs to showcase areas of FUTURE development in GLOBAL order, leading to INSTITUTIONALIZING BRICS summit. COLLECTIVE STRENGTH: 3 billion + 7 billion population in BRICS countries. EQUATE to 33 % of global GDP. Are leverage for IMF & WB with 50 % of TOTAL loans. Fixing & EMERGING markets ex: INDIA a bright spot. Importance for GLOBAL order
BRIC SAT, funding & BRICS summit agriculture, gloomy for REFORMED multilateralism. INDIA-China have shitless BRICS depicts DOKLAM standoff. Bilateral partners remains LOW. CHINESE centricity ex: NDP share higher % chess. INFORMAL mutual commitment. South-south cooperation. STEPS needed: TRADE GOVERNANCE FTA negotiation with safeguards. BRICS must become INDIA's key for Balency against other grouping like QUAD, IORA, IONS, also BIMSTEC on logium.
Conclusion
BRICS must become INDIA's key for balancing against other grouping like QUAD, IORA, IONS, also BIMSTEC on logium
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K.N. Chandana Jahnavi
Effect of Policies of Developed/Developing Countries and Indian Diaspora
International Relations
International Relations
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