“Too many nations in the hands of the too few” are the words of the Indian Foreign Minister Subrahmanyam Jaishankar at the 2023 BRICS Summit which lasted for two days. This summit was held in Cape Town, South Africa and featured the nations that fundamentally make up the BRICS acronym “Brazil, Russia, India, China, & South Africa”. The attendees of this summit included Brazil's Foreign Minister Mauro Vieira, Russia's Foreign Minister Sergei Lavrov, India's Foreign Minister Subrahmanyam Jaishankar, China's Vice Foreign Minister Ma Zhaoxu, South Africa's Foreign Minister Naledi Pandor.
During this international summit the core members of the BRICS Nations not only spoke and reaffirmed their commitment to set a balance in the world concerning international trade and social interactions, but they marked today as the day that the world will now become a world based on multi-polarity. Part of the focus of the 2023 BRICS Summit was addressing the needs of Emerging Markets and Developing Countries. This is because the BRICS Nations as a whole are taking the position that there are Developed Countries that are purposely fracturing and stifling the growth and progress of Developing Countries and Emerging Markets to maintain their socioeconomic superiority over these Developing Countries.
During the “discussions of the day” the Foreign Ministers of each of the BRICS Nation spoke heavily about the growth and development of each individual country while recognizing and addressing each other's needs, outcomes and negotiating potential deals that will ultimately result in the institutional expansion of BRICS. On the issue of the sanctions put on countries especially when it comes to Russia by the United States, the BRICS Nations reaffirmed their commitment to not only working with Russia but seeking ways to develop and implement an alternative currency that could successfully bypass the current dominant and reserve currency of the world the U.S. Dollar while simultaneously avoiding any sanctions that would have in the words of the South Africa Foreign Minister Naledi Pandor.
“Secondary effects” on individual countries that have no involvement in issues that would have led to [those] unilateral sanctions”.
A great question was asked to the Russian Foreign Minister and in a nutshell, he was asked “What’s your take on the correction that has been initiated relating to trying to force the South African Government to arrest President Putin if he does come to South Africa?”. In short, the repose was that when summits like these are created it is custom that Diplomatic Immunity shall be granted to each political attendee of the summit. Also, it was stated that even though Diplomatic Immunity is granted to each political participant of the summit, it does not supersede any Warrants that the International Criminal Court (ICC) has drafted to be executed.
One of the biggest take a way was that the BRICS Nations are positioning themselves to not only be self-reliant, but they are positioning themselves to require the developed nations to recognize the individual sovereignty of each BRICS Nations member as well as requiring the Developed Nations to stay out of their internal political agendas and affairs, and this includes sparing them of the hypocritical lectures on social morality. The push for BRICS Nations to come together faster than ever stems from America’s weaponization use of sanctions. This is a big one because there is no true checks and balances to prevent the United States from engaging in this activity.
During this summit, there were also open dialogues on expanding the BRICS Bloc to include other nations such as the Kingdom of Saudi Arabia who is the world's second largest oil producer in the world. Currently, right now almost all of the OPEC Nations are showing signs of interest in joining the BRICS Bloc. Out of all of the things talked about during the summit, the most important thing to the core BRICS Nations is importance of de-dollarization and their ability to create a new world currency that will be an exceptional rival to the U.S. Dollar. Keep in mind that the U.S. Dollar fell behind the Chinese Yuan for the first time when it comes to World Trade as of recently.
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