BRICS: A New Global Regime
BRICS is shining these days in Brazil, with members coming from all parts of the world. BRICS is a new name that brings a new global regime, interestingly growing steadily and finding vast welcome in many parts of the world.
In this name:
-
B resembles Brazil
-
R resembles Russia
-
I resembles India
-
C resembles China
-
S resembles South Africa
BRICS is a new economic forum formed by such countries to represent a new world for a global future. Now, BRICS has many new members joining the club. These countries collectively represent more than half of the world’s population, and more are coming. Interestingly, even some European countries are knocking on the club’s door for membership.
As a matter of history, after World War II, certain forums were established including the UN, World Bank, IMF, etc. These international agencies were initially created to help reshape the world after the massive destruction caused by the World Wars I & II. However, over time it became clear that many countries are not happy with the performance of these “big” international agencies.
In response to the BRICS meeting in Brazil, President Trump said he would impose 10% tariffs on all products from BRICS. What is the meaning of this? Guess.
BRICS advocates for immediate reformation, as the performance of such agencies clearly shows drastic failure in adopting a fair international agenda for the betterment of all countries and all people.
The BRICS group loudly calls for reformation of the international arena and the enforcement of an international justice mechanism, particularly concerning the role of the mentioned agencies. They call for the involvement of all countries and the dismantling of the solo grip cemented around international agencies. This call covers all political, economic, and social affairs.
To streamline this, in a new positive and clear action, BRICS formed a new financial and credit agency with very large capital. They are working towards a unified currency, unified banknote, and unified projects to help all countries and all people worldwide. This will shake up the current economic strategy and bring a new strategy with a fresh outlook.
All are invited, and this invitation is finding overwhelming support from all parts of the world. Many big countries such as Japan, England, Indonesia, Egypt, Malaysia, Saudi Arabia, and others have expressed their desire to join hands with BRICS.
The new look and new movement called for by BRICS has already started and will never stop. The train has started pedaling and is cruising slowly but steadily towards the “new world” platform.
Many countries with special locations, abundant natural resources (including water, land, livestock, gold, oil, and other precious metals), special human resource cadres, and other factors have the required eligibility to join BRICS. Moreover, the relations between such countries and BRICS seem strong and pave the way for their joining.
BRICS stands for a new era of collaboration and unified harmony in all matters affecting our generation and generations to come. It is a genuine stand that will find support from all, irrespective of political, ethnic, economic, or social differences.
(The views and opinions expressed in this article are those of the author and do not necessarily reflect the official policy or position of the Daily Tribune)
Related Posts