A group of five developing countries held a virtual summit. Xi and Putin are trying to form a front against the Western world.
China’s and Russian leaders on Thursday imposed Western sanctions on the abuse of sanctions and incite the global crisis, news agencies said.
“We must abandon the Cold War mentality and the confrontation between the various blocs and oppose unilateral sanctions – and the abuse of sanctions,” said the Chinese Communist leader in Beijing. Xi Jinping according to the news agency Reuters.
“Only through honest and mutually beneficial cooperation can we overcome the global economic crisis caused by ill-considered and selfish actions by individual countries,” said the Russian president. Vladimir Putinwho spoke via video about Moscow.
Both authoritarian criticism was directed at the West, which is not really surprising. More interesting, however, is the forum where Xi and Putin spoke: the Brics summit, which was held remotely.
The word “Brics” is like an echo from distant times. Such a consortium is so seldom heard that its existence could easily have been forgotten.
Brics is an abbreviation of the initials of the English names of five states: Brazil, Russia, India, China, and South Africa.
The acronym was invented by reporters from the US investment bank Goldman Sachs in 2001. The country group was originally Bric. The fifth member, South Africa (i.e. “s”), did not join until a few years later.
The acronym Bric described a group of developing countries whose global influence was growing. In the case of China, this is indeed the case.
From Since 2006, countries have actually sought to group together. They have held more or less regular ministerial meetings and summits.
At best, the group is a very loose consortium. What the countries have in common is that each is a regional power factor on its own continent. China is a global giant, accounting for 70 percent of the Brics ’total economic power.
Chinese leader Xi Jinping gave the opening speech of the Brics meeting remotely from Beijing on Wednesday.
Dictatorships China and Russia have vowed a partnership with each other anyway. They may consider it a diplomatic victory that the Brics Group still exists at all.
When Russia invaded Ukraine in February, receiving indirect support from most of its Brics partners at the UN.
The resolution condemning Russia was adopted by an overwhelming majority in the UN General Assembly: 141 countries voted in favor of the resolution, 5 opposed it and 35 abstained.
Brazil was the only Brics country to condemn Russia’s actions. China, India and South Africa abstained.
Brics-continuation of co-operation gives the impression that the war of aggression in Russia does not seem to be disturbing the smaller Brics countries in particular.
This is suitable for Russia and China, which are happy to build an anti-European and anti-US front wherever they can.
As Putin put it on Thursday, AFP put it: “We are convinced that now, more than ever, the leadership of the Brics countries is needed to create a unifying, positive path towards intergovernmental relations that are truly multipolar.”
The complex sentence can be interpreted as meaning that Putin, with the support of the Brics community, wants to gnaw at U.S. dominance above all else.
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