By Kester Kenn Klomegah
The United States has extended its political and economic interests around the world. China has strategically stretched its tentacles across the Atlantic and the Pacific, conquered Africa and intensified its commercial operations in the regions of Central Asia, including the former Soviet republics – the backyard of the Russian Federation. Russia.
Despite its large population of 1.5 billion that many have seen as a hindrance, China’s domestic economic reforms and collaborative strategic diplomacy with outside countries have enabled it to achieve superpower status over the United States. United. China is strengthening its trade, investment and economic muscles.
Russia has joined forces with China, India and a few other outside countries to establish a new world economic system. Its goal is to break the unipolar system that successive White House administrations have maintained. Thanks to socialist economic planning and the advancement of the notions of international cooperation and peace, even between states with different social systems, considerable progress has been made in the areas of international solidarity.
The Brazil, Russia, India, China and South Africa (BRICS) group is a manifestation of the role of Beijing, Moscow and Pretoria with the other states in shaping another order. These new alliances are seen as a threat to the role of the United States, Britain and the European Union since they are not participating members and cannot have a direct impact on the agendas and objectives established by the BRICS.
Russia has certain limitations. Its external economic footprint is relatively small. Its foreign policies hardly value its economic models. The geopolitical reorganization of the world cannot simply be achieved through war or by challenging the political influence of the West in its various global domains. The economic component is perhaps the most important.
As Dr. Ramzy Baroud, journalist and editor of The Palestine Chronicle, recently wrote, “The Middle East, particularly the Gulf region, is vital to the current global economic order and equally essential to any future revision of this order. If Moscow succeeds in redefining the role of Arab economies vis-à-vis the global economy, it will most likely succeed in bringing about a multipolar economic world. Russia is clearly invested in a new global economic system, but without isolating itself in the process.
Russia has left many international organizations, instead maintaining its membership and using these platforms to spread its global mission. He went into solitary confinement, with much harsh criticism against the United States and Europe.
Russia is currently pushing an initiative for multipolarity. In June 2022, the speaker of the Russian State Duma (the lower house of parliament), Vyacheslav Volodin, wrote on Telegram that the United States and its allies are destroying economic ties through their policy of sanctions, but at the same time creating time for new growth points in other countries.
“The decision by Washington and its allies to cut existing economic ties has created new growth points around the world,” he said. According to the speaker of parliament, Western sanctions are leading to the formation of another group of eight nations – China, India, Russia, Indonesia, Brazil, Mexico, Iran and Turkey – which is 24.4% ahead of the former group of developed countries in terms of gross domestic product (GDP) and purchasing power parity.
“The United States, with its own hands, has created the conditions for countries willing to build equal dialogue and mutually beneficial relations to effectively establish a new G-8 group with Russia,” Volodin noted.
Of course, there is a Group of Seven (G-7), an intergovernmental political forum, which includes highly developed countries. These are Canada, France, Germany, Italy, Japan, the United Kingdom and the United States. Also, the European Union is an unlisted member. Its members are the IMF’s largest advanced economies and richest liberal democracies. The group is organized around shared values of pluralism and representative government. In 2020, the collective group accounted for more than 50% of global net wealth. Its members are major powers in world affairs and maintain mutually close political, economic, social, legal, environmental, military, religious, cultural and diplomatic relations.
Russia has split from the group and remained critical of it arguing that the G-7 has no relevance to exist since its members also meet in the Group of Twenty (G-20). Based on this argument, if the establishment of another new group of eight nations – China, India, Russia, Indonesia, Brazil, Mexico, Iran and Turkey – is formed, BRICS – Brazil, Russia, India, China and South Africa, it follows, will have to be absorbed into the new organization of the Group of Eight, and thus drive South Africa out.
Indonesia, which will host the G-20 summit in Bali in November, is doing its best to insulate the meeting from politics. Whether Indonesia will arbitrate between angry superpowers clashing is simply unpredictable. The chances of a sudden rapprochement between the United States and China – let alone between the United States and Russia – are extremely small.
The strategic alliance of Russia and China is growing stronger and China has resisted so many attempts to exclude Russia from international organizations. Both are loyal members of the BRICS.
Dr. Pankaj Kumar Jha, a professor at OP Jindal World University in Sonipat, Haryana, observes that the border dispute between China and India will continue to influence the BRICS. However, India and China are cooperating to develop alternative financial structures, consistent guidelines in Asia and the South on many issues such as trade, investment and developing an understanding so that the dominance of the West can be minimized in the global financial architecture. , he said and added, “the BRICS cooperation base brings together potential resources and critical development needs under one roof.”
Questions about the future of the BRICS remain, especially when the new world order is being discussed. Inspired by Quad plus, BRICS countries are also discussing BRICS plus format. The formation of the new G-8 grouping is above all a merger of BRICS and VISTA (Vietnam, Indonesia, South Africa, Turkey, Argentina). The training mainly aims to connect the BRICS with middle-income and middle-power countries, according to his explanation.
Dr. Pankaj Kumar Jha concluded his argument: “This geopolitical configuration is in exploratory phases, no doubt intended to bring a new Russia-China axis but the inclusion of Mexico, Indonesia and Turkey. The success of this grouping is still a matter of conjecture. From a geopolitical point of view, it will all depend on how the sanctions against Russia and China’s post-coronavirus recovery take shape. »
Professor Aslan Abashidze, head of the department of international law at the Russian University of Friendship between Peoples and a member of the scientific advisory board of the Ministry of Foreign Affairs, observes that in general, international associations emerge on the basis of prerequisites which can be of a different nature: political, defensive, cultural, etc. The emergence of “para-organizations” such as the Group of Seven (G-7), the Group of Eight (G-8) and the Group of Twenty (G-20) is associated with the inability of international institutions to global level to meet the increased needs of modern development in the face of increasing challenges in the form of pandemics, financial crises, etc.
The process of seeking new models by states dissatisfied with US policy has begun, which means the end of US dominance in all spheres of international relations. At some point, the West, led by the United States, will have to negotiate new models of international economic and other relations, based on new international treaties that guarantee the equality of all states.
According to Professor Abashidze, “Russia, China and India will establish trade relations on national currencies and will therefore be attractive and beneficial to other states, not only in the Asia-Pacific region but also in Latin America, Middle East and Africa. ”
The emerging new coalition group comes at a crucial time when, over the past two decades, the United States, Britain, European Union (EU) countries and their allies around the world have been involved in numerous imperialist interventions resulting in destabilization, military interventions, proxy wars and the expansion of Western imperialism across Africa, Asia and Latin America.