International Business Weekly
  • Home
  • News
  • Politics
  • Business
  • National
  • Culture
  • Lifestyle
  • Sports
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • National
  • Culture
  • Lifestyle
  • Sports
No Result
View All Result
International Business Weekly
No Result
View All Result
Home National

US Sees Wake-up Call, If Not Threat, As BRICS Bloc Expands

August 29, 2023
in National
0
US Sees Wake-up Call, If Not Threat, As BRICS Bloc Expands
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter


The United States is racing to improve its messaging to the developing world as the BRICS group grows, although few in Washington view an immediate threat from the Chinese-backed club.

The BRICS — Brazil, China, India, Russia and South Africa — agreed at a summit last week to add six more members, in what Chinese President Xi Jinping billed as a historic moment among large emerging economies contesting the Western-led order.

As the BRICS leaders met in Johannesburg, President Joe Biden’s administration renewed promises to step up funding for the developing world through the World Bank and International Monetary Fund.

Biden’s national security advisor, Jake Sullivan, vowed to fight to reform the Washington-based lenders at an upcoming summit in New Delhi of the Group of 20 — boosting the roles both of the US-backed organization, which brings together both rich and poor nations, and of India, a key member of both clubs.

The United States has also been highlighting Russia’s withdrawal from a UN-backed deal to allow grain exports from Ukraine to the developing world, where some countries have questioned the Western priority of sending billions of dollars in weapons to Kyiv.

Publicly, Washington played down the BRICS expansion, saying only that countries can choose their own partners.

Sullivan, noting the wide policy differences among the countries, earlier told reporters, “We are not looking at the BRICS as evolving into some kind of geopolitical rival to the United States or anyone else.”

But experts said the BRICS expansion at least showed demand for a new way to address unmet needs, on the economic if not security front.

Emerging nations are “looking for alternatives, not replacements” to the US-led order, said Sarang Shidore, director of the Global South program at the Quincy Institute, which advocates a less military-focused US foreign policy.

“It’s a message to the United States that these gaps are hurting and our countries are not just complaining about them or carping from the sidelines, but actually taking action to try and fill these gaps,” he said.

A BRICS summit statement pointed to the breakdown of the World Trade Organization’s dispute settlement system, where Washington since Donald Trump’s presidency has blocked appointments as it alleges unfair treatment.

Biden has ramped up climate action at home but, faced with opposition from Trump’s Republican Party, the United States — the largest historical carbon emitter and second currently to China — is unlikely to come close to the president’s promises of more than $11 billion a year by 2024 to help developing countries hardest hit by climate change.

“I think the US is starting to take it seriously,” Shidore said of developing countries’ concern. “But those are statements — is there money attached to it?”

For Washington, the most concerning addition to the BRICS is Iran, which has hailed membership as a way to break out of US-driven isolation over the clerical state’s contested nuclear work and clampdown on protesters.

But the new members do not see eye to eye. Also joining are three Arab countries with historically rocky ties with Iran — Egypt, Saudi Arabia and the United Arab Emirates.

Tensions also divided the original BRICS. China has a difficult relationship with India, which has been warming to the United States while insisting on “strategic autonomy.”

While the BRICS statement backed reform of the UN Security Council, a major priority for India and Brazil, few expect veto-wielding China and Russia to dilute their power willingly.

Henry Tugendhat, an economist at the US Institute of Peace, said that China in promoting the expansion had inadvertently made the BRICS even less cohesive — more akin to the G20 than the Group of Seven, the club of major industrial democracies that largely share principles.

“What’s striking is that they there are many issues in which they do not align,” he said of the G20.

Conspicuously absent from the BRICS expansion was any Southeast Asian country — despite Indonesia’s leadership in the Cold War-era Non-Aligned Movement — at a time that China has been increasingly assertive on maritime disputes.

Colleen Cottle, a former CIA analyst now at the Atlantic Council, said that for China, BRICS expansion was “more about the rhetoric” of showing that developing countries were rallying to its side, rather than concrete plans to work together.

Still, she said, the BRICS expansion showed the demand for change.

The United States, she said, needs a more effective strategy than its oft-stated insistence on working with “like-minded countries” — but also is unlikely to find success just replicating China’s approach of raw infrastructure spending.

“You need to have the whole package — the articulated long-term vision as well as the concrete funds to back it up,” she said.

India’s Prime Minister Narendra Modi and US President Joe Biden embrace hands during a meeting at the White House on June 23, 2023
AFP
Iranian President Ebrahim Raisi takes part in talks of the BRICS group in Johannesburg on August 24, 2023
Iranian President Ebrahim Raisi takes part in talks of the BRICS group in Johannesburg on August 24, 2023
AFP



Source link

Tags: BlocBRICSCallExpandsSeesThreatWakeup
Brand Post

Brand Post

I am an editor for IBW, focusing on business and entrepreneurship. I love uncovering emerging trends and crafting stories that inspire and inform readers about innovative ventures and industry insights.

Related Posts

Reports Indicate that the US Could Attack Iran Within the Next 24 Hours
National

Reports Indicate that the US Could Attack Iran Within the Next 24 Hours

January 14, 2026
US Patients Turn to Vietnam’s Vinmec for Advanced Surgery and Stem Cell Care
National

US Patients Turn to Vietnam’s Vinmec for Advanced Surgery and Stem Cell Care

January 14, 2026
Africa’s .8 Billion Live Events Problem: Why Governments Are Rewriting the Rules
National

Africa’s $4.8 Billion Live Events Problem: Why Governments Are Rewriting the Rules

January 14, 2026
Next Post
3M To Settle US Veterans Hearing Loss Lawsuits For  Bn

3M To Settle US Veterans Hearing Loss Lawsuits For $6 Bn

8 Best Mattresses To Redefine Comfort In 2023

8 Best Mattresses To Redefine Comfort In 2023

Asia Cup 2023 Live Streaming: Full Schedule, Match Timings and How to Watch the ODI Cricket Matches in USA, UK, India, Pakistan and Australia

Asia Cup 2023 Live Streaming: Full Schedule, Match Timings and How to Watch the ODI Cricket Matches in USA, UK, India, Pakistan and Australia

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

ABOUT US

International Business Weekly is an American entertainment magazine. We cover business News & feature exclusive interviews with many notable figures

Copyright © 2024 - International Business Weekly

  • About
  • Advertise
  • Careers
  • Contact
No Result
View All Result
  • Home
  • Politics
  • News
  • Business
  • Culture
  • National
  • Sports
  • Lifestyle
  • Travel

Copyright © 2024 - International Business Weekly

سایت کازینو,سایت کازینو انفجار,سایت انفجار هات بت,سایت حضرات ,بت خانه ,تاینی بت ,سیب بت ,ایس بت بدون فیلتر ,ماه بت ,دانلود اپلیکیشن دنس بت ,بازی انفجار دنس,ازا بت,ازا بت,اپلیکیشن هات بت,اپلیکیشن هات بت,عقاب بت,فیفا نود,شرط بندی سنگ کاغذ قیچی,bet90,bet90,سایت شرط بندی پاسور,بت لند,Bababet,Bababet,گلف بت,گلف بت,پوکر آنلاین,پاسور شرطی,پاسور شرطی,پاسور شرطی,پاسور شرطی,تهران بت,تهران بت,تهران بت,تخته نرد پولی,ناسا بت ,هزار بت,هزار بت,شهر بت,چهار برگ آنلاین,چهار برگ آنلاین,رد بت,رد بت,پنالتی بت,بازی انفجار حضرات,بازی انفجار حضرات,بازی انفجار حضرات,سبد ۷۲۴,بت 303,بت 303,شرط بندی پولی,بتکارت بدون فیلتر,بتکارت بدون فیلتر,بتکارت بدون فیلتر, بت تایم, سایت شرط بندی بدون نیاز به پول, یاس بت, بت خانه, Tatalbet, اپلیکیشن سیب بت, اپلیکیشن سیب بت, بت استار, پابلو بت, پیش بینی فوتبال, بت 45, سایت همسریابی پيوند, بت باز, بری بت, بازی انفجار رایگان, شير بت, رویال بت, بت فلاد, روما بت, پوکر ریور, تاس وگاس, بت ناب, بتکارت, سایت بت برو, سایت حضرات, سیب بت, پارس نود, ایس بت, سایت سیگاری بت, sigaribet, هات بت, سایت هات بت, سایت بت برو, بت برو, ماه بت, اوزابت | ozabet, تاینی بت | tinybet, بری بت | سایت بدون فیلتر بری بت, دنس بت بدون فیلتر, bet120 | سایت بت ۱۲۰, ace90bet | acebet90 | ac90bet, ثبت نام در سایت تک بت, سیب بت 90 بدون فیلتر, یاس بت | آدرس بدون فیلتر یاس بت, بازی انفجار دنس, بت خانه | سایت, بت تایم | bettime90, دانلود اپلیکیشن وان ایکس بت 1xbet بدون فیلتر و آدرس جدید, سایت همسریابی دائم و رایگان برای یافتن بهترین همسر و همدم, دانلود اپلیکیشن هات بت بدون فیلتر برای اندروید و لینک مستقیم, تتل بت - سایت شرط بندی بدون فیلتر, دانلود اپلیکیشن بت فوت - سایت شرط بندی فوت بت بدون فیلتر, سایت بت لند 90 و دانلود اپلیکیشن بت 90, سایت ناسا بت - nasabet, دانلود اپلیکیشن ABT90 - ثبت نام و ورود به سایت بدون فیلتر, https://planer4.com/, http://geduf.com/,, بازی انفجار, http://foreverliving-ar.com/, https://wediscusstech.com/, http://codesterlab.com/, https://www.9ja4u.com/, https://pimpurwhip.com/, http://nubti.com/, http://www.casinoherrald.com/, http://oigor.com/, http://coinjoin.art/, بازی مونتی