BRICS: An alternative order in construction

By Thomas Renard

The leaders of the emerging world met last week in Ufa, Russia, on the occasion of the BRICS and SCO summits. This short comment highlight the main takeaways from these meetings and their implications for Europe.

While Europe was focused on itself, wondering how it can save both Greece and the European project, the leaders of the emerging world were meeting in Russia to discuss the contours of the new global order. Last week, Vladimir Putin chaired two major meetings back-to-back in Ufa, Russia: the annual summits of the BRICS, a multilateral club with Brazil, Russia, India, China and South Africa, and of the Shanghai Cooperation Organization (SCO), a security regional organisation gathering China, Russia and Central Asian republics.

It is interesting to note how little attention these meetings have received in Western media. It is true that many other important events were unfolding at the same time in Europe and elsewhere (Greece, Iran, etc). Furthermore, such grand meetings are usually more about prestige than deliverables, hence perhaps not justifying the travel to a remote town in the Urals. Having said this, a meeting of some of the world’s most powerful leaders cannot be entirely ignored either. You missed the summits? Don’t worry: here are the main takeaways.

 

Read the full article here:
http://www.egmontinstitute.be/publication_article/brics-an-alternative-order/