Do BRICS represent a new ideal for the future of international relations?
This story was originally published in Areas & Producers
Keywords:
- BRICS
- International Relations
- Global Commodities
- China Economy
- Commodity Dependence
- Critical Minerals
- Global Energy Transition
Insights
The whole point of BRICS being an anti-Western alliance is that there is not supposed to be one true leader in the international system. By joining together, BRICS represents a new kind of ideal for the future of international relations. If anything, that’s the promise — a vision for a new international order. I also disagree that these countries are not delivering on goals to expand on economic cooperation.
Tougher sanctions from the US and EU will matter to them, but as a multilateral group, these BRICS countries have the ability to cause a lot of disruption in the global commodities markets. I mean BRICS starts with Brazil and Russia, two kingpins in the global commodities space. They already brought in Iran, and Saudi Arabia could join in the future, too.
“So is BRICS going to become an…
