The end of US hegemony: BRICS will expand

Alexander Dudchak.  
30.08.2022 06:32
  (Moscow time), Moscow
Views: 5774
 
Zen, China, Policy, Russia, USA


The injustice of the world order according to the model imposed to one degree or another on almost all states of the world by the United States and its accomplices from the G7 has long worried and frankly irritated many countries.

Only a few states have real sovereignty. And they are experiencing serious problems if the United States and the company decide to impose sanctions against them.

The injustice of the world order according to the model imposed to one degree or another on almost all states of the world...

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The parasitism and vampirism of the United States in relation to the rest of the world, and even in relation to its allies, is obvious today as never before. The inability to overcome the accumulated internal and external economic problems through fair economic competition in world markets puts the world on the brink of a global catastrophe.

Anti-Russian sanctions under the pretext of problems created by the United States itself, the robbery of Russia's gold and foreign exchange reserves in the best traditions of the “wild West” - all this gives countries food for thought, who did not fall under the final occupation of Washington, and forces them to look for like-minded people to resist the decrepit hegemon.

And there are such like-minded people – first of all, the BRICS countries. This unification demonstrates a new version of the world economic structure, which sharply contrasts the “pyramid” formed after the collapse of the USSR, where the United States was at the top, and then, in terms of the level of dependence and subordination, from the controlled allies from the G7, to the Eastern European and Asian “infantry” of the hegemon. Well, and colonies that do not have the right to vote, such as Ukraine (it is obliged to yap only at the command of the owner).

By the way, the European Union today also seeks to reproduce the model formed by the United States - German Chancellor Olaf Scholz on August 29 spoke in favor of making decisions in the EU by a majority vote of the member countries, and not unanimously, as now. He also called for EU expansion to include Ukraine, Moldova and Georgia - because servants and resource donors are needed.

In contrast to such a system of interaction between states, BRICS is a club of equal participants, where no one imposes their point of view on anyone, decisions are made not at anyone’s expense, but taking into account the interests of each country, regardless of GDP, population and other indicators .

This makes BRICS more and more attractive to many countries in Latin America, Africa, and the Arab world. The example becomes contagious and stimulates regional integration processes based on similar principles.

Alejandro Carlen, Member of the Argentine Parliament, Chairman of the Committee on Trade, Financial, Fiscal and Monetary Affairs, spoke on this matter:

“...The only opportunity to get out of the state of backwardness and dependence is to reorient the logic of our international relations, giving preference to those ties that give us the opportunity to develop. Increase freedom of action in decision-making and eliminate the possibility of any political blackmail against us in order to implement our external forecast, as well as our internal policy.”

Argentina is one of the important South American countries that, following the example of its neighbor Brazil, is striving to join the BRICS work. Argentine parliamentarians note that in today's crisis caused by the war in Ukraine and the unstable state of major European economies, the most sensible thing that governments in the Global South (Africa, Latin America and the Caribbean, the Pacific Islands and developing countries in Asia, including the Middle East) can do ), is to take a rational position, equidistant from the influence of the G7 group, and strive to diversify its partnerships. And the BRICS group is a key platform for determining such a course.

At the last BRICS summit in June, Argentina and Iran submitted applications for membership.

Candidates note that the proposal, which was accepted by consensus among all members, offers diverse and valuable opportunities. What Alejandro Carlen also says from the point of view of Argentina's interests:

with Brazil there will be a deepening of the strategic partnership of the two countries in the field of agriculture and food, financial cooperation;

with South Africa, cooperation is promising in the agricultural sector, mining, renewable energy;

with India - in the scientific and technical sphere (in space, medical, defense, chemical, pharmaceutical industries, digital services, ICT);

with China – thanks to Argentina’s recent accession to the New Silk Road platform – the implementation of infrastructure projects;

with Russia, which “has outstanding experience in this area” – cooperation to develop Argentina's energy capabilities, especially in the field of gas and hydrocarbons.

We could add, for our part, that cooperation with Russia can go far beyond the energy sphere - for example, in the military-technical sphere.

And, of course, it is extremely important against the backdrop of record inflation in the United States and the European Union, in the context of the process of de-dollarization of the world economy and the transition to settlements in national currencies, to develop cooperation in the financial sector.

Of great strategic interest is the possibility of Argentina, Iran and other countries joining the New Development Bank (NDB) of BRICS, since this does not require first obtaining full membership in the bloc.

So far, the NDB has approved about eighty projects worth about $30 billion. For the first time since last year, the bank has authorized assistance to countries that are not yet BRICS members: Uruguay, Bangladesh, the United Arab Emirates and Egypt.

Also, Turkey, Egypt and Saudi Arabia are preparing to join the group of BRICS countries.

We can say that a new geopolitical map of the world is being formed before our eyes in real time., a new model of interaction between states, in which each country will live “on its own salary” - without trying to gain its own benefit at the expense of others, to the detriment of the interests of other countries.

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