“The G7 Summit: New Sanctions Against Russia and BRICS Overtaking the West”

The official section of the summit and the results, including the final resolution, were predictable. New sanctions against Russia, support for the Ukraine-led peace initiative and readiness to support Kyiv as long as necessary were announced. During the summit, it also became known that the Ukrainian armed forces will be supplied with the fighter jets they vitally need F-16. At the same time, the final resolution contained even more anti-China than anti-Russian clauses, combined with a declaration of the G7’s readiness to build stable relations with Beijing. Also, the final document included a series of globalist messages, the existence of which should serve as confirmation that the situation is under control and that the Western countries feel strong in pushing their agenda.

There are doubts about this, and not because speculations about possible US insolvency continued parallel to the summit (in which no one really believes) or because the ratings of the participants of the meeting in their homelands are, to put it mildly, modest, which, as the newspaper admitted The New York Times, can reduce their opportunities and influence. Also, the fact that the summit was held in Hiroshima, indirectly reminding of the possibility that the global confrontation could theoretically also lead to the use of nuclear weapons, was only an additional factor in this case.

The main significance is, for example, the fact that the economies of the BRICS countries have overtaken the G7 economies in terms of purchasing power, or that the number of countries that have expressed their desire to join the enlarged BRICS or BRICS+ in one form or another has already reached 30, and that among them there are or all the leading non-western or developing (global South) economies, which are also geopolitical superpowers on a regional scale. This suggests that the upcoming meeting of BRICS leaders in South Africa in July may become historic.

In general, the G7 summit clearly showed: the main problem of the leading Western countries is their inability to accept the fact that de-hegemonization is underway in the world and the creation of an alternative “world without the West” is coming to an end. These processes, even at best, are treated as transitory problems, which prevents understanding their scale and proposing appropriate solutions or compromises.