BRICS Declares Support for Africa's Development, Africa Joins BRICS Against Western Dominance and Political Influence - Global Research
Global ResearchMAY 2023
The agenda of the BRICS foreign ministers meeting in the run-up to the August summit has underscored that the era of unipolarity and the West's hypocritical "liberal world order" is coming to an end. This is reflected in BRICS' efforts to "de-dollarize" and in the fact that their collective Gross Domestic Product already exceeds that of the US-led G7. The BRICS countries' refusal to join the proxy war against Russia is further proof of a new confidence gaining momentum among nations of the global south.
Despite all the BRICS hype — and the supposedly imminent end of the US-led global economic order — the reality is more complex. The bloc's composition is primarily characterized by geopolitical and economic rivalries that make the creation of a common currency extremely difficult, a challenge that is likely to be exacerbated by adding more members. The fact that South Africa is flirting with the war criminal Putin, thus antagonizing its second-largest trading partner the US, bodes additionally poorly for the future of BRICS.