Brics has been described as a “motley collection of emerging markets that agree on little and achieve even less”, said the Financial Times. The group represents 49.5% of the global population, 40% of global GDP and 26% of global trade, yet many of its members are at odds with their supposed allies.
But at a recent summit in India, its leaders united to sign a 45-page declaration calling for a “multipolar” world: a global system where power is spread across several major countries or power blocs rather than being controlled by just one or two.
‘Source of tension’ The “historically unruly bloc” – which started as Brazil, Russia, India, and China, and now includes Egypt, Ethiopia, Indonesia, Iran, Saudi Arabia, South Africa and the UAE – agreed a statement “blasting protectionism and economic sanctions and calling for peace in the Gulf”, said the FT.
The declaration also raises concerns about the “unilateral tariff and non-tariff measures” that distort trade. It urges cooperation to protect global trade, supply chains, energy flows and maritime security as wars disrupt international commerce.
The Ukraine war is a “source of tension” within Brics, of which Russia is a founding member, said Al Jazeera. The declaration says that international disputes should be resolved through “dialogue, consultation, and diplomacy”, but makes no mention of Ukraine.
‘Space for rivals to talk’ For Iran, this month’s summit in New Delhi was “a chance to show that it does not stand alone amid the US and Israel’s military attacks and economic pressure”, said the BBC. In the face of Washington’s sanctions, Iran “pressed for deeper economic ties” with Brics members, including India and Ethiopia. This was Chinese leader Xi Jinping’s first visit to India in seven years, showing that Brics can “create space for rivals to talk and manoeuvre outside Western-dominated institutions”.
But “key members and partners of the bloc are at serious loggerheads”, said political scientist Stefan Wolff on The Conversation. Iran is “effectively in a state of war” with the UAE and Saudi Arabia, while the Saudis and the UAE “have been at odds for years” over Yemen, Sudan and Somalia. A group “whose sole remaining source of unanimity is opposition to the US and its allies” is “hardly likely to become a pole of a multipolar order”.
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