Foreign Experts: BRICS Mechanism Provides New Ideas for Global Governance

Seetao 2022-06-29 15:29
  • The dialogue of foreign experts gave an in-depth interpretation of the contribution and role of the BRICS cooperation mechanism
Read this article
9 Minutes

A few days ago, on the sidelines of the 14th BRICS leaders' meeting, a high-level dialogue on global development was held. Experts from many countries combined this dialogue to interpret the contribution and role of the BRICS cooperation mechanism.

Another idea of governance: people first

Gayle Ruft, co-director of the Institute for Global Security (IAGS), a Washington think tank, and senior adviser to the U.S. Energy Security Council, pointed out to that the main contribution of the BRICS countries to the world is that it issued a statement on behalf of the countries of the global South. its own voice, which no other international organization has properly considered.

Ruft believes that the BRICS mechanism provides a new governance idea, that is, the international system can no longer be ruled by rich countries, and can no longer be judged by national wealth, but follow the principle of "people first".

In the alternative world order provided by the BRICS, developing countries and their concerns are better represented.

Mohamed Sachiev, Secretary-General of the India-China Economic and Cultural Promotion Association, pointed out that as the leading force in the reform of global economic governance, the answer to whether the role of the BRICS countries can be improved depends on how they plan to adapt to the new reality.

For example, Sachiv said that the existing international system is dominated by unilateralism and xenophobia, and the conflict between Russia and Ukraine may be an "opportunity that should not be missed". original goal.

Cast a vote of confidence in the UN Charter

Ruft said that at present, some forces of international deglobalization and division are gradually increasing. Under such circumstances, it is even more necessary to abide by the purposes and principles of the UN Charter.

UN Security Council considers humanitarian issue in Ukraine at UN Headquarters in New York

The BRICS leaders' meeting this time is equivalent to casting a vote of confidence in the UN Charter.

He also explained that the Western-led international order has failed to prevent the outbreak of the Russian-Ukrainian conflict, nor the pandemic, nor the economic impact of these events.

This BRICS meeting is also a joint voice of the vast number of developing countries, which is to jointly call on the United States and its allies to stop the economic chaos and financial division caused by its recent policies.

Demonstrate courage to resist Western hegemony

Ruft believes that the holding of the BRICS meeting shows that the American-style peace is ending, and the days when the United States and its allies dominate the political and economic systems of other countries and suppress their growth are gone.

The 2022 BRICS Business Forum will hold a seminar on strengthening coordination and cooperation and enhancing the resilience of industrial and supply chains

He said that in international affairs, an emerging force led by big countries that can stand up for small countries is emerging. Small and medium-sized countries are no longer alone, nor will they be willing to be bullied and coerced by the West.

Sachif pointed out that the emergence of the BRICS, a "global alliance of southern countries", has broken Western hegemony and may become a changer of geopolitical rules.

He believes that in the new geopolitical reality, many things are changing and the situation is still unclear, creating space for new narratives. It is time for the BRICS and other like-minded nations to work towards building an organization that does not depend on US-led economic institutions.

Through initiatives such as the establishment of the BRICS New Development Bank and the Contingency Reserve Arrangement, Sachiev said the BRICS countries have "proved their courage to withstand Western economic and institutional forces". (Please indicate for reprint) special column editor/Zhao E