The increasing role of BRICS in the global economy has come about due to several factors among which the key ones are the economic might of the five сountries, the contribution to the reform of international economic institutions and the impact on the transformation of the international monetary and financial systems.
The BRICS countries share the same interests in many spheres on the world arena, especially as regards maintenance of acceptable rules of world coordination and governance, particularly in the area of finances, trade and international development.
Considering the high dynamics of geo-economic, technological, trade and political changes in recent years, the task of rendering relevant the Strategy of Economic Partnership has become a virtual imperative for the BRICS countries. Currently the BRICS states, having as they do enormous potential, bear responsibility not only for their own development, but also for attaining the Objectives of Sustainable Development on a broader regional and global scale.
The value of BRICS consists in the fact that national leaders do not get any “instructions” at its meetings or argue about the best way to implement them, as it often happens to the G-7, but speak to each other as equals.
The increasing role of BRICS in the global economy has come about due to several factors among which the key ones are the economic might of the five сountries, the contribution to the reform of international economic institutions and the impact on the transformation of the international monetary and financial systems.
Читать дальшеThe BRICS countries share the same interests in many spheres on the world arena, especially as regards maintenance of acceptable rules of world coordination and governance, particularly in the area of finances, trade and international development.
Читать дальшеConsidering the high dynamics of geo-economic, technological, trade and political changes in recent years, the task of rendering relevant the Strategy of Economic Partnership has become a virtual imperative for the BRICS countries. Currently the BRICS states, having as they do enormous potential, bear responsibility not only for their own development, but also for attaining the Objectives of Sustainable Development on a broader regional and global scale.
Читать дальшеThe value of BRICS consists in the fact that national leaders do not get any “instructions” at its meetings or argue about the best way to implement them, as it often happens to the G-7, but speak to each other as equals.
Читать дальше