The world holds its breath as final preparations are made for the 15th BRICS summit in South Africa. This year, bloc expansion seems to be at the forefront of the agenda, with over 40 nations expressing interest in joining. How will the summit change the global geopolitical landscape? Veteran international affairs observer Pepe Escobar explains.
Johannesburg is gearing up for the 15th BRICS Summit, which will kick off on Tuesday and run through Thursday, with this year’s theme entitled "|BRICS and Africa: Partnership for Mutually Accelerated Growth, Sustainable Development, and Inclusive Multilateralism."
"Multilateralism" is perhaps the most significant word to describe the gathering nations' intentions, with the BRICS' combined economic might already outweighing that of the G7, and, when accounting for the human, geographic, economic and resource potential of countries that have expressed interest in joining, pose a serious challenge to the US-led international order.
"The great potential for creating a fair and democratic architecture of international relations lies in structures like BRICS," Russian foreign intelligence chief Sergei Naryshkin said last week on the eve of the summit.
Pointing to the bloc name's similarity to the English word "bricks", Naryshkin indicated that BRICS is a subtle nod to the US and its allies that the so-called "rules based international order" is on its way out.....more gelow