BRICS Summit Takes Aim at U.S. Influence Over the Global Economy
Like the Shanghai Cooperation Organization, BRICS, the global grouping of emerging markets and developing countries, is intent on diminishing Western influence over the world economy. And just like the SCO summit earlier in September, the latest conclave of BRICS leaders fell short of presenting a united front against the West, the United States in particular. Both the SCO and BRICS include…
The BRICS summit, held in New Delhi, aimed to challenge American influence over the global economy, though the discussion fell short of a cohesive stance against Western powers. Comprising China, India, Iran, and Russia, BRICS includes Kazakhstan and Uzbekistan as partner countries. The group's 140-point joint statement called for reforms in Western-dominated financial institutions such as the World Trade Organization, International Monetary Fund, and World Bank.
However, the statement did not directly mention the United States or recent events involving Iran, Israel, and the US-led Gulf war. Iran achieved a symbolic victory by holding a one-on-one meeting between its president and a member of Abu Dhabi's ruling family. Uzbekistan's president, Shavkat Mirziyoyev, opted out of the summit in favor of a visit to South Korea, while Kazakh President Kassym-Jomart Tokayev adopted a balanced approach between China, Russia, the US, and the EU.
Tokayev emphasized the need for high-level dialogue among nuclear powers to reduce nuclear risks, referencing both the Russia-Ukraine conflict and potential tensions in AI development. On the sidelines, Tokayev met with the US ambassador to India, expressing expectations for concrete actions between the US and Kazakhstan and calling for the repeal of trade restrictions.
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