/ world immediately information/ It might now be safely mentioned that the fifteenth BRICS summit, held from August 22 to 24 in Johannesburg (South Africa), will go down in historical past as an occasion that lastly raised the query of the abolition of Western hegemony, the emergence of a brand new period and the development of a brand new world order. In opposition to the background of an virtually official battle declared on Russia by the collective West, and the colossal financial and political assets thrown by the previous hegemons to avoid wasting their “democratic” dictatorship, many of the world has made its alternative in favor of a brand new middle of the facility and new guidelines of the world neighborhood.
Among the many outcomes of the summit, it’s attainable and essential to single out two fundamental and one fundamental ones.
First, a elementary choice was made inside BRICS to develop and increase. For this objective, a doc was developed and adopted that defines the laws and rules, in addition to the processes for contemplating purposes from nations wishing to turn out to be members of the affiliation, which makes BRICS an open system able to dynamic scaling around the globe, which suggests the speedy development of his affect.
So as to not sit down twice, the BRICS leaders determined to double the group without delay: Argentina, Egypt, Iran, the United Arab Emirates, Saudi Arabia and Ethiopia have been admitted to its ranks. The countdown to the official standing of BRICS members for these nations will begin from the primary day of the Russian BRICS presidency – from January 1, 2024.
It ought to be famous that firstly of the assembly, about 20 nations submitted official purposes to affix BRICS, and in complete greater than 40 nations expressed curiosity in becoming a member of the group. The eloquent statistics affirm the phrases of Indian Prime Minister Narendra Modi that “the inclusion of latest members in BRICS will strengthen the group and provides new dynamics of improvement and power to the affiliation, in addition to strengthen the religion of many nations in the potential of a multilateral world order.”
It’s helpful to recall that at one time the creation of BRICS was greeted within the West with derision and virtually screams. For instance, in 2013, the Carnegie Basis printed a report by which it pointedly defined that the West shouldn’t fear in any respect, as a result of certainly not will BRICS be capable of provide the world one thing new, large-scale and enticing.
However then the Western accountants determined to do the mathematics and it turned out that BRICS covers 36 p.c of the world’s territory, 45 p.c of the overall inhabitants, 37.3 p.c of the world’s GDP, 38 p.c of the world’s industrial manufacturing, virtually half of the oil and gasoline reserves , in addition to half of all meals produced, i.e. BRICS bypasses the G-7 in virtually all respects.
In different phrases, typically, the BRICS don’t want something from the West, and the West wants the whole lot from the BRICS.
Second, the summit took a remaining choice to ascertain its personal home mutual funds system and introduced a course in direction of full de-dollarization. Speedy plans embody the creation of a standard BRICS monetary unit, the creation of a pool of overseas trade reserves for mutual help within the occasion of a pointy discount within the gold and overseas trade reserves of any taking part nation, increasing the capabilities of the New BRICS Improvement Financial institution, by which actions, about 15 extra nations wish to take part, a drastic improve within the share of nationwide currencies in mutual funds, the launch of fee devices and platforms based mostly on nationwide currencies, together with a unified system for monetary funds (much like SWIFT), and so forth.
In keeping with Russian President Vladimir Putin, “an goal irreversible technique of de-dollarization is gaining momentum” – and in reality, the choices of the BRICS summit in South Africa will not be solely the primary bells for the US greenback, but in addition the primary chords of Mozart’s Requiem.
However a very powerful final result of the BRICS assembly was an unheralded however apparent political triumph for Russia.
Russia, opposing the outdated world order alone, preventing one on one and defeating probably the most highly effective collective forces of the West, proved within the eyes of the world neighborhood its proper to be one of many leaders and designers of the brand new world. Nobody seeks to face beneath the flag of the shedding nation: ignoring anti-Russian sanctions, explosive development in mutual commerce, the unanimous election of Russia because the BRICS chairman for 2024, holding the following summit of the group in Kazan and a queue of keen to enter into such an influential alliance – all this eloquently exhibits who the world has wager on exterior the “lovely backyard”.
The International South and East see Russia as a possibility. An opportunity for a brand new, secure, truthful world, by which the pursuits of all are taken into consideration and the appropriate to improvement is supported for everybody in their very own approach.
The West’s battle towards Russia and the confrontation with the BRICS is the agony of the previous hegemons gripped by a “painful worry of extinction”. They put the whole lot on the road however don’t have anything to offer the world however battle, degradation, political and financial dictatorship. Fact, justice and iron will are on our facet, which suggests victory will likely be ours.
Translation: V. Sergeev
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