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The platform for a comprehensive FTA across the Global South may be based on the BRICS+ framework The expanded format of the BRICS+ dialogue conducted by China in June 2022 as well as the rising number of large developing economies expressing willingness to join the BRICS core grouping sets the scene ...
... the standards across regional development banks on the implementation of such projects may enhance the prospects of meeting the ambitious environmental goals in leading developed economies and in advancing the green agenda across the economies of the Global South. The emergence of new projects with a global reach launched by the world’s leading economies also raises the role of regional development institutions in ensuring greater connectivity among such projects. In particular, the EU’s Global ...
... for the openness of global economy, this process also entails intensifying competition between and polarization of these blocs along the North–South axis. In 2022, this opposition was increasingly noted between BRICS and G7, the leading blocs of the Global South and the Global North. Amid these conditions, it is very important to design mechanisms for interaction and cooperation between platforms representing developed and developing nations—already at the early formative stages of large-scale ...
... global level. In pursuing the quest for maintaining a balanced and neutral position on the international arena there may be scope for ASEAN to explore the possibilities of greater cooperation with the cooperative arrangements that bring together the Global South and the advanced economies. ASEAN has made significant advances in this direction via building the Regional Comprehensive Economic Partnership (RCEP) together with China, Japan and South Korea. At the same time there remains scope to complement ...
... scenarios did not materialise. However, Brasilia did significantly rethink its priorities, goals and objectives. Unlike his predecessors from the leftist camp (Presidents Lula da Silva and Dilma Rousseff), Bolsonaro was not close to the idea of uniting the Global South under the banner of reshaping the world order. However, more pragmatic, technocratic areas that are objectively beneficial to the country (technological cooperation, the fight against organised crime, digitalisation and the Development Bank) ...
... inclusive, writes Valdai Club Programme Director Yaroslav Lissovolik . At the same time, there are also risks and challenges involving this scenario as the domain of “integration of integrations” remains largely unexplored across the terrain of the Global South. The changing landscape of the global economy in recent years is increasingly characterized by a more active role of developing economies in building their own platforms for economic cooperation. In the process of assembling these platforms ...
... factor in the regional “integration of integrations” model that has particular merit – it is the “BRICS+” multiplier that allows for a significant extension in the outreach undertaken by core BRICS economies with respect to the rest of the Global South. In terms of scale, the effects of the two formats of BRICS expansion may be mathematically illustrated by the difference between the arithmetic and geometric progression. If the one-by-one expansion in the core of the BRICS grouping represents ...
... organization committed to preventing and resolving deadly conflict, was held in an online format. The following issues were addressed during the meeting: the likely consequences of the conflict around Ukraine for relations between the global North and the global South (food and energy security, "double standards" in relation to regional conflicts, issues of cross-border migration, etc.). Andrey Kortunov, RIAC Director General, spoke at the meeting.
... governance is out of sync with the development needs of the world economy The following is an interview with Yaroslav Lissovolik, a program director at the Valdai Discussion Club in Russia. Adriel Kasonta: When it comes to regional cooperation in the Global South, traditional (Western) integration theories don’t seem to be giving justice to this non-Western phenomenon, especially when BRICS is concerned. Would you be so kind as to explain the nature of BRICS in the context of the South-South cooperation ...
... the very center of the discussions surrounding China’s chairmanship in the grouping. With the return of the BRICS+ paradigm the BRICS is going from introvert to extrovert and its greater global ambition raises hopes across the wide expanses of the Global South of material changes in the global economic system. The main question now centers on what the main trajectories of the evolution of the BRICS+ framework will be – thus far China appears to have advanced a multi-track approach that targets ...
| U.S. wants to establish partnership relations with Russia on condition that it meets the U.S. requirements |
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| U.S. wants to deter Russia’s military and political activity |
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| U.S. wants to dissolve Russia |
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| U.S. wants to establish alliance relations with Russia under the US conditions to rival China |
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