16.7 C
New York
Tuesday, October 22, 2024

Is Russia Using the BRICS Summit to Forge a Rival World Order?

All copyrighted images used with permission of the respective Owners.

Russia Hosts BRICS Summit, Pushing for a “New World Order”

Russia is hosting the 16th BRICS summit, leveraging the event to advance its ambition of creating a “new world order” that challenges Western dominance. With the recent expansion of BRICS to include Egypt, Ethiopia, Iran, and the UAE, the summit carries significant geopolitical weight. This expansion, coupled with Russia’s efforts to cultivate stronger ties with the Global South, underscores a concerted push to reshape the global landscape and offer an alternative to the West’s economic and political influence. The summit’s deliberations, particularly concerning potential collaborations within a multipolar world, will be closely scrutinized globally.

Key Takeaways: Russia’s BRICS Play for Global Influence

  • BRICS Expansion: The addition of Egypt, Ethiopia, Iran, and the UAE significantly boosts BRICS’s global reach and economic potential, positioning it as a counterweight to Western institutions.
  • “New World Order” Push: Russia, under President Putin’s leadership, actively promotes a “new world order” vision, challenging the established Western order and advocating for economic sovereignty and reduced external influence.
  • Global South Engagement: Russia seeks to strengthen alliances with developing nations in Asia, Africa, the Middle East, and Latin America, positioning itself as a key partner in their economic development.
  • Geopolitical Significance: The summit’s outcome could significantly impact the global balance of power, with potential shifts in international alliances and economic cooperation.
  • Ukraine Conflict’s Absence (Officially): While the Kremlin claims the Ukraine conflict isn’t on the official agenda, the summit’s overall context and Russia’s actions will undoubtedly shape global perceptions of the war.

The Expanding Influence of BRICS

The BRICS group, initially formed by Brazil, Russia, India, and China (BRIC), expanded to include South Africa in 2010, thus becoming BRICS. Its recent expansion with the addition of four new member states—Egypt, Ethiopia, Iran, and the United Arab Emirates—marks a substantial shift in global geopolitics. This expansion isn’t merely symbolic; it significantly increases the bloc’s economic clout and geopolitical influence. Collectively, these nations represent a vast swathe of the global population and an increasingly important share of global GDP. The inclusion of Iran, in particular, holds strategic significance given its geopolitical positioning and existing partnerships with Russia.

Economic Implications of BRICS Expansion

The economic implications of this expansion are considerable. The newly added members bring diverse resources and markets to the bloc, creating opportunities for increased trade, investment, and economic development. President Putin, in his remarks at the BRICS business forum in Moscow, highlighted the group’s growing share of global GDP and emphasized the intention to lessen dependence on external influence, promoting a concept of economic sovereignty. This push towards economic independence resonates strongly with many Global South nations seeking to diversify their economic partnerships and reduce reliance on Western economies.

Russia’s “New World Order” Agenda

Russia, under President Putin’s leadership, has consistently voiced its ambition to establish a “new world order.” This ambition isn’t simply rhetoric; it’s a strategic goal underpinning Russia’s foreign policy. The BRICS summit serves as a significant platform to advance this agenda. By strengthening ties with Global South nations and offering an alternative to Western-led institutions, Russia aims to reshape the global balance of power.

Challenging Western Hegemony

The “new world order” vision promoted by Russia is explicitly intended to counter what it perceives as Western hegemony. This challenge isn’t simply ideological; it manifests through concrete actions like the development of alternative financial systems and increased cooperation among BRICS members to reduce reliance upon Western-dominated institutions like the IMF and the World Bank. This effort to create a parallel system is a direct challenge to the established Western-led global order.

The Role of the Global South

Russia’s focus on engaging with the Global South is crucial to its broader strategic aims. Many developing nations share a desire for economic development and greater influence in global affairs, sometimes feeling sidelined or unfairly treated by Western powers. Russia presents itself as a partner willing to offer economic and political support, thus creating opportunities for mutually beneficial cooperation. This strategy is designed to attract countries looking for alternative avenues of development and cooperation in areas such as trade, finance, and technology.

The BRICS Summit: Agenda and Participants

The 16th BRICS summit, held in Kazan, Russia, is centered around the theme of “strengthening multilateralism for just global development and security.” The Kremlin has indicated that discussions will cover pressing global and regional issues, focusing on politics, security, economy, finance, and cultural ties. The expansion of BRICS, including the potential addition of “partner states,” is also a major topic on the agenda.

Notable Attendees and Potential Outcomes

High-profile attendees include Indian Prime Minister Narendra Modi, Chinese President Xi Jinping, Turkish President Recep Tayyip Erdogan, Palestinian President Mahmoud Abbas, and UN Secretary-General António Guterres. While the Kremlin officially states that the Ukraine conflict is off the agenda, global attention will undoubtedly remain focused on the implications of Russia’s actions. President Putin is also expected to hold bilateral meetings with several leaders, including President Xi and President Modi, aiming to further strengthen bilateral ties. Furthermore, a potential “Comprehensive Strategic Partnership” agreement between Russia and Iran could be signed, signifying deepening military cooperation between the two nations.

A Balancing Act: Avoiding the Ukraine Elephant

The conspicuous absence of the Ukraine conflict from the official agenda is a strategic move by Russia. By focusing on broader global issues and emphasizing economic cooperation, Russia seeks to maintain momentum within BRICS and avoid alienating potential partners. However, the presence of Russia itself and the inherent complexities of its relations with several member states will undoubtedly cast a long shadow over the proceedings. The ability of the BRICS nations to navigate sensitive topics while promoting collective interests will be a significant indicator of the summit’s success.

Expert Analysis and Future Implications

Callum Fraser, a research fellow at the Royal United Services Institute (RUSI), notes that BRICS+ represents a collective move away from the West, signifying a fundamental shift in the global order. While the extent to which BRICS can challenge the G7 remains uncertain, the increased cooperation among member states is undeniable. The summit’s success will depend on the bloc’s ability to deliver tangible benefits to its member states and solidify its position as a viable alternative to Western-dominated institutions.

BRICS+ as an Alternative Institution

The core unifying factor of BRICS+ isn’t simply being “anti-West,” argues Fraser. The aspiration to achieve the same quality of life as in the West, but through an alternate pathway is what ultimately defines the bloc’s actions. The success and continued development of BRICS+ will hinge on its ability to effectively address the interests and goals of its members and demonstrate tangible progress in achieving its objectives. The long-term trajectory of this emerging alliance will be closely watched by both its members and the rest of the world.

Article Reference

Michael Grant
Michael Grant
Michael Grant brings years of experience in reporting global and domestic news, making complex stories accessible.

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories

Starlink’s Gigabit Leap: Will Starship Launches Usher in a New Era of Satellite Internet?

SpaceX's Starlink Promises a Giant Leap for In-Flight InternetSpaceX's Starlink Promises a...

Verizon Q3 Earnings: Did 5G Fuel Growth or Fall Short of Expectations?

Verizon, a major player in the U.S. telecom industry, reported its third-quarter 2024 earnings, revealing a mixed bag of results. While the company **exceeded...

Tesla’s EU Sales Surge: Can September’s Gains Offset Year-Long Slump?

Tesla's EU Registrations Surge 31% in September, Signaling a Potential TurnaroundDespite a challenging year marked by declining registrations, American electric vehicle (EV) giant Tesla...