Next Story
Newszop

BRICS summit in Rio indicates that the bloc is quietly imploding

Send Push

The Brics group of nations has just concluded its 17th annual summit in the Brazilian city of Rio de Janeiro. But, despite member states adopting a long list of commitments covering global governance, finance, health, AI and climate change, the summit was a lacklustre affair.

The two most prominent leaders from the group’s founding members – Brazil, Russia, India, China and South Africa – were conspicuously absent. Russia’s president, Vladimir Putin, only attended virtually due to an outstanding arrest warrant issued by the International Criminal Court over his role in the war in Ukraine.

China’s Xi Jinping avoided the summit altogether for unknown reasons, sending his prime minister, Li Qiang, instead. This was Xi’s first no-show at a Brics summit, with the snub prompting suggestions that Beijing’s enthusiasm for the group as part of an emerging new world order is in decline.

Perhaps the most notable takeaway from the summit was a statement that came not from the Brics nations but the US. As Brics leaders gathered in Rio, the US president, Donald Trump, warned on social media: “Any Country aligning themselves with the Anti-American policies of BRICS, will be charged an ADDITIONAL 10% Tariff. There will be no exceptions to this policy.”

Trump has long been critical of Brics. This is largely because the group has consistently...

Read more

Loving Newspoint? Download the app now