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Sergey Lavrov
Sergey Lavrov

Opinion | The BRICS countries are building the blocks of a fair, multipolar world

  • The BRICS bloc has the capacity to play a stabilising role in global affairs, at a time when multilateral values are under siege and trade chaos reign. Already, the five countries account for almost a third of global GDP

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Chinese President Xi Jinping, Russian President Vladimir Putin, Brazilian President Jair Bolsonaro, Indian Prime Minister Narendra Modi and South African President Cyril Ramaphosa pose for a photo prior to a BRICS meeting on the sidelines of the G20 summit in Osaka on June 28. Photo: AP
Sergey Lavrov
On November 13 and 14, Brasilia will host the 11th BRICS summit. The Brazilian chairmanship of the BRICS economies has achieved serious progress across all main pillars of cooperation – political, economic and humanitarian. Russia supports its Brazilian friends in their efforts to improve the practical impact of our multifaceted interaction on the prosperity of our states and peoples.

We welcome Brazilian President Jair Bolsonaro’s statement in Osaka about the importance of strengthening dialogue within the group, which will enable the BRICS countries – including India, China and South Africa – to make the most of ongoing global changes.

Today, alignment of efforts of our countries is particularly important. Global politics continues to reel. Various regions of the planet still retain significant potential for conflict. The arms control architecture has been deliberately undermined – the United States’ unilateral withdrawal from the Intermediate-Range Nuclear Forces Treaty was a rather dangerous step.

Structural imbalances in the world economy are yet to be overcome. A serious threat to global economic growth is posed by such unfair competition practices as unilateral economic sanctions, trade wars and flagrant abuse of the US dollar’s status as the world’s reserve currency.
The US has pulled out of the Intermediate-Range Nuclear Forces Treaty, which was signed in Washington on December 8, 1987 by Soviet leader Mikhail Gorbachev and US president Ronald Reagan. Photo: Reuters
The US has pulled out of the Intermediate-Range Nuclear Forces Treaty, which was signed in Washington on December 8, 1987 by Soviet leader Mikhail Gorbachev and US president Ronald Reagan. Photo: Reuters

The international community has yet to find effective responses to a number of critical challenges of our time, from terrorism to climate change.

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