'We see an erosion of the global multilateral architecture, unilateral measures, unilateral sanctions becoming the norm,' South Africa's envoy tells Newsweek.
As the United States struggles to maintain influence across vast parts of the Global South, the expanding BRICS bloc led by Brazil, Russia, India, China and South Africa is receiving more applications than ever before, signaling a growing shift in the international economic order.
And while Sooklal identified a number of factors driving this inequality, including climate change, the lingering effects of the COVID-19 pandemic and a growing global technology gap, he argued that deficiencies in the existing order led by the wealthiest nations was at the heart of why more countries were choosing BRICS.
"When BRICS came together as a formation, it basically sought to address some of the key challenges that we have in terms of the global geopolitical, geo-financial economic architecture," Sooklal said,"and to try and create a more inclusive global community that seeks to address the continued marginalization of countries of the Global South in a very changed global environment.
"BRICS was mainly created to represent the interest of developing countries and get their deserve," Mohammed Saqib, secretary general of the India China Economic and Cultural Council, toldSaqib, who attended a two-day forum on BRICS cooperation in the eastern Chinese city of Yangzhou in April, argued that the bloc still has a"huge potential" to achieve, but he asserted that it was not this potential that primarily"attracts other countries to BRICS.
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