BRICS reform is facing challenges, and Lula visits China to seek consensus

Mondo Technology Updated on 2024-01-31

As soon as Lula **, he immediately set off for China, which is the importance he attaches to the BRICS mechanism. As an important member of the BRICS, Lula has always believed that the BRICS is the key to Brazil's dream of becoming a global power. Therefore, he does not want the BRICS to go in the wrong direction. At present, the expansion of BRICS has become an urgent issue, and many countries have expressed their willingness to join. At such a critical juncture, Lula hopes to reach an agreement with the Chinese side on BRICS reform.

India's performance on the international stage has sounded the alarm bell for BRICS reform.

Recently, India, as the host country, has had frequent problems. At the G20 foreign ministers' meeting, India was unable to control the agenda of the meeting, which led to the meeting becoming a platform for the United States and the West to attack Russia, and in the end not even a joint statement was issued.

In addition, the G20 summit is about to be held, but India has not responded to whether to invite Ukraine to participate. Not to be outdone, Ukraine** Zelensky sent a delegation to visit India and also invited Modi to visit Ukraine.

In the SCO, India has also caused controversy. India rejected Pakistan's participation, citing a "map error". For China, India sometimes uses its own identity to compete for the initiative.

The BRICS mechanism needs to be reformed, and there may be changes in membership.

In response to the needs of BRICS reform, Lula also brought the new president of the BRICS Development Bank, Dilma Rousseff, with him during his visit to China. Lula will certainly present to the Chinese side his views and proposals on the future development of the BRICS.

At present, the international situation is unpredictable, and the BRICS mechanism is also facing internal and external pressures. Russia's economy is in decline because of the conflict;India, on the other hand, is showing signs of moving closer to the United States. South Africa, as the chair of the BRICS summit, also said that the expansion of membership is a top priority. However, India is opposed to it, arguing that the BRICS should set conditions and criteria for accession.

Currently, more than a dozen countries are lining up outside the BRICS gate to join BRICS. In addition to Iran and Argentina before it, there are also countries such as Kazakhstan and Tunisia. If they were all allowed to join, the BRICS would become a grand coalition of 17 countries.

However, BRICS enlargement is not only a change in membership, but also has a global impact and even an impact on the world economy. Therefore, Member States had to think carefully.

Now, the hegemony of the dollar is unstable, and countries around the world are looking for ways to "de-dollarize". The BRICS, on the other hand, took the lead, establishing an alternative mechanism for international settlements and contributing to the breaking of the unipolar world. I believe that with the cooperation between China and Pakistan, the future of BRICS will be better and stronger.

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