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BRICS Stability Challenged by Global Tensions
The article discusses the BRICS summit held in New Delhi, highlighting the challenges it faces in strengthening cohesion among its members amid significant political and economic differences, especially in the context of global tensions such as the war in Ukraine and the conflict with Iran. The article points out that expanding membership to 11 countries, representing about half of the world's population, underscores the diversity within the group. However, differences in positions—particularly among Russia, China, and India—highlight the limits of their ability to act as a unified bloc. It emphasizes the group's efforts to reduce dependence on the dollar and promote local payment systems, while also identifying the challenges facing its financial and strategic policies. The piece concludes with an analysis of the summit's importance for India in managing its complex relations with China and the West, and its ambition to reform international financial institutions.
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