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regular-article-logo Monday, 23 December 2024

BRICS meet draws global interest: 14-year trade grouping discusses expansion

Dozens of countries have expressed interest in joining, including Argentina, Nigeria, Iran, Belarus, Saudi Arabia and Indonesia

Lynsey Chutel Published 23.08.23, 08:55 AM
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Representational image File image

The leaders from the five-member group of nations known as BRICS — Brazil, Russia, India, China and South Africa — are beginning a three-day summit in Johannesburg on Tuesday, where they are discussing expanding the club that harbours ambitions of becoming a geopolitical alternative to Western-led forums like the Group of 7.

The latest gathering of leaders has garnered a level of international interest rarely seen since the group was first formed 14 years ago.

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A trade war between Beijing and Washington and Russia’s invasion of Ukraine have reinvigorated the debate over whether the bloc will remain a loose trade alliance or become a new international coalition. Dozens of countries have expressed interest in joining, including Argentina, Nigeria, Iran, Belarus, Saudi Arabia and Indonesia.

The candidates are as diverse as the BRICS bloc, which represents 40 per cent of the world’s population and a quarter of its economy.

China President Xi Jinping met with his South African counterpart Cyril Ramaphosa at the Union Buildings, the seat of the presidency in the administrative capital Pretoria. In the formal visit, Xi inspected an honour guard and shook hands with a row of cabinet ministers as cannon fire rang out, announcing the official visit. The two leaders held a short news conference afterwards, reiterating their longstanding political and economic ties, but took no questions.

In Putin’s absence, Russia’s foreign minister, Sergey V. Lavrov, was leading the country’s delegation. After shaking hands with a row of officials on his arrival, Lavrov joined a group of traditional dancers. After a few unsure steps, he clapped along for a few beats before giving a thumbs up and walking away.

China, the biggest economy in the group, favours expansion to shore up its own influence, while an isolated Russia needs new allies as it digs in for a protracted war in Ukraine. India and Brazil, with strong alliances among industrialised nations, favour a more cautious approach. South Africa, the smallest economy of the group, is pushing to have more African members and has invited more than 30 African leaders to join this year’s meeting.

The diplomatic challenges South Africa has faced over the summit reflect the geopolitical interests BRICS nations must balance — particularly the smaller countries that have to navigate their allegiances to more wealthy and powerful nations.

Putin is wanted by the International Criminal Court, which accuses him of being responsible for the abduction of Ukrainian children and their deportation to Russia. He had planned on attending in person but spared South Africa the dilemma of whether to arrest him by deciding to appear virtually. Even so, South Africa has continued to face pressure from its Western allies over its close ties with the Kremlin.

In a show of neutrality, Ramaphosa called for abducted Ukrainian children to be returned and for the re-establishment of the Black Sea Grain deal, which allowed Ukraine to export grain to the world, especially countries in Africa with food shortages.

“We have resisted pressure to align ourselves with any one of the global powers or with influential blocs of nations,” he said in a televised address on Sunday.

New York Times News Service

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