... bring major changes to the global economic landscape
The 15th BRICS summit in South Africa is set to bring major changes to the global economic landscape as the bloc is... ... significant increase in its economic weight and influence on the international arena.
China-proposed "BRICS Plus" cooperation approach launched in 2017 is bearing... ... decisions on expansion are likely to impact not only the development trends across the Global South but also across the entire world economy.
One notable merit in China's...
... Secretary for International Economic Relations, Jorge Neme, chaired the first Mercosur-African Union Meeting, aimed at strengthening relations between the blocs, renewing... ... relations”.
The more complicated steps will involve the incorporation of Asia, most notably China, into the common South-South FTA platform. The difficulty emanates from the fragmentation... ... Asia as well as the asymmetries in terms of size: Asia accounts for over 80% of the Global South total GDP, while China alone accounts for well over a third of the total...
... by the creation of RCEP. The next stage in this process would be to link up all of the pan-continental platforms in Eurasia, Africa and Latin America into one common platform that would cover the bulk of the developing world with important implications ... ... the BRICS expansion that emerged in May 2022 suggests that rather than the aggregation of regional integration groups of the Global South under the banner of BRICS+ a different track is entertained by China and its BRICS partners that targets increasing the membership of the core of the Global South.
Hence, the current dilemma ...
