Last week the 14th BRICS Summit took place virtually, chaired by Chinese President Xi Jinping. The BRICS bloc (Brasil, Russia, India, China and South Africa) represents a key political, economic, and scientific force in the international arena. These nations represent half of the world’s population and their collective GDP is greater that $20 trillion.
In today’s context, the significance of the BRICS summit is increased to the extent that the bloc represents an alternative to the unipolar world of the decaying West.
What follows are some of the key points from the Summit’s in Beijing:
Multilateral compromise in the defense of international law, which includes being more inclusive with less developed countries.
Promote peace and international security without compromising the environment.
Support for a an open, multilateral, transparent, inclusive, rules-based, non-discriminatory commercial system.
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