【48812】BRICS can help promote a fairer world order
 时间: 2024-07-03 |作者: 乐鱼全站app下载

  BRICSisfocusedonbuildingafairerworldorderfortheGlobalSouth.TheUnitedStatesanditsWesternallieshavelongdominatedtheworldorder,imposingtheirownvaluesandpoliciesontherestoftheworldinthenameofpromoting"democracy"and"defending"humanrightswhilesmearingcountrieswhosepoliticalsystemsaredifferentfromtheirs.Worse,theyhavebeenbullyingsomeemergingmarketanddevelopingeconomies,forcingthemtotakesidesindisputeswithcountriesthatdon'tadheretotheWestern-centricideologyandpolicies.

  Thereisnojustificationforkillinginnocentcivilians,whetherbyHamasorIsraeliforces.BothHamasandIsraeliforcesshouldbecondemnedfortheiractions.However,theGlobalSouthhasbeenwitnesstotheUS'doublestandard,asseeninitssupportforIsrael'sinvasionoftheGazaStripdespitepressuringtheGlobalSouthearliertotakesidesandcondemnRussiaforitsactionsinUkraine.

  TheUSevenvetoedaUnitedNationsSecurityCouncildraftresolutionforanimmediatehumanitariancease-fireintheIsrael-Palestineconflict.ThirteenSecurityCouncilmembersvotedinfavourofabriefdraftresolutionputforwardbytheUnitedArabEmirates,whiletheUnitedKingdomabstained.Clearly,warisabusinessforsomeWesterncountrieswhichspendhundredsofbillionsofdollarstoadvancetheirinterestsbothathomeandabroad.

  Incontrast,China,throughitsGlobalSecurityInitiative,hastakenmultiplestepstofulfilitscommitmenttoglobalpeaceandsustainabledevelopment.ItisduetothearduouseffortsofChinathatIranandSaudiArabiare-establisheddiplomatictiesonMarch10,2023,sevenyearsafterseveringties.

  TheGlobalSouthwantstoimprovetheexistingworldorderbecauseitisunfairandWestern-centric.Withthereformoftheworldorderhighonitsagenda,theBRICSmemberstates,whichnowcomprisethefiveoriginalBRICSmembers(Brazil,Russia,India,ChinaandSouthAfrica)andfivenewmembers(Egypt,Ethiopia,Iran,SaudiArabiaandtheUAE).AtthelastBRICSSummitinJohannesburg,SouthAfrica,inAugust2023,theoriginalBRICSleadersadmittedsixnewmembers—effectivefromJan1,2024—butArgentinarecentlyannounceditwouldnotjoinBRICSnow.

  TheBRICSmemberstatestogetheraccountedformorethan40percentoftheglobalpopulationandover25percentofglobalGDP.Withfivenewmembers,BRICSwillfurthercounterbalancetheG7'sglobalinfluenceasitsshareofglobalGDPwillincreaseto36percentwhileitwillaccountfornearlyhalfoftheworld'spopulation.

  Withmorethan30economiesreadytodeepenrelationswiththegrouping,BRICSiscommittedtostrengtheningtheGlobalSouthcoalitionasacollectiveforceandupholdingmultipolarisminordertohelpestablishaworldorderthatisnotdominatedbytheUSanditsallies.

  TheinclusionoffivenewmemberswilladdtoBRICS'weight,extenditsglobalinfluenceandstrengthentradetieswithawiderangeofemergingmarketanddevelopingeconomiesbyestablishingafairpaymentsystemwhichcannotbeexploitedbytheUSanditsWesternallies.

  TheweaponizationoftheUSdollarhashelpedWashingtonmaintainitsglobaleconomicandgeopoliticalsupremacy.TheUShasimposedeconomicsanctionsonnearly40countries,includingCuba,Russia,theDemocraticPeople'sRepublicofKorea,IranandVenezuela,apartfromlevyingsanctions,punitivetariffsandexportcontrolsmeasuresonChina,affectingnearlyhalfoftheworld'spopulationandcausinguntoldhardshipstoordinarypeopleinthosecountries,thushamperingtheireconomicgrowth.Thesearetheprimereasonswhymanyemergingmarketeconomieshavebeencallingforglobaltradetobeconductedincurrenciesotherthanthedollar.

  IfBRICS'plantoadoptacommoncurrencytoconductglobaltradeissuccessful,itwillhaveahugeimpactontheUSdollarasadefaultinternationalcurrency,becausethe10memberstatesofBRICSaccountfor36percentofglobalGDP.Infact,acommonBRICScurrencycouldbeagame-changer;itcouldbreakthedollar'sglobalhegemonyandmakeiteasyforemergingeconomiestoconductfreetradeincurrenciesotherthanthedollar.

  WhethertheUSanditsWesternallieslikeitornot,theworldorderischanging,andtheGlobalSouthisemergingasakeyplayerininternationalrelations.SotheUSanditsWesternalliesshouldheedtheGlobalSouth'sconcernsandhelpbuildaglobalgovernancesystemandfinancialarchitecturewhichbenefitsall.

  TheauthorisadirectorofBRISL,anindependentandpioneeringSriLankan-ledorganization,withstrongexpertiseinBRIadviceandsupport.

  Theviewsdon'tnecessarilyreflectthoseofChinaDaily.

  Ifyouhaveaspecificexpertise,orwouldliketoshareyourthoughtaboutourstories,thensendusyourwritingsatopinion@chinadaily.com.cn,andcomment@chinadaily.com.cn.

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  BRICS can help promote a fairer world order

  BRICSisfocusedonbuildingafairerworldorderfortheGlobalSouth.TheUnitedStatesanditsWesternallieshavelongdominatedtheworldorder,imposingtheirownvaluesandpoliciesontherestoftheworldinthenameofpromoting"democracy"and"defending"humanrightswhilesmearingcountrieswhosepoliticalsystemsaredifferentfromtheirs.Worse,theyhavebeenbullyingsomeemergingmarketanddevelopingeconomies,forcingthemtotakesidesindisputeswithcountriesthatdon'tadheretotheWestern-centricideologyandpolicies.

  Thereisnojustificationforkillinginnocentcivilians,whetherbyHamasorIsraeliforces.BothHamasandIsraeliforcesshouldbecondemnedfortheiractions.However,theGlobalSouthhasbeenwitnesstotheUS'doublestandard,asseeninitssupportforIsrael'sinvasionoftheGazaStripdespitepressuringtheGlobalSouthearliertotakesidesandcondemnRussiaforitsactionsinUkraine.

  TheUSevenvetoedaUnitedNationsSecurityCouncildraftresolutionforanimmediatehumanitariancease-fireintheIsrael-Palestineconflict.ThirteenSecurityCouncilmembersvotedinfavourofabriefdraftresolutionputforwardbytheUnitedArabEmirates,whiletheUnitedKingdomabstained.Clearly,warisabusinessforsomeWesterncountrieswhichspendhundredsofbillionsofdollarstoadvancetheirinterestsbothathomeandabroad.

  Incontrast,China,throughitsGlobalSecurityInitiative,hastakenmultiplestepstofulfilitscommitmenttoglobalpeaceandsustainabledevelopment.ItisduetothearduouseffortsofChinathatIranandSaudiArabiare-establisheddiplomatictiesonMarch10,2023,sevenyearsafterseveringties.

  TheGlobalSouthwantstoimprovetheexistingworldorderbecauseitisunfairandWestern-centric.Withthereformoftheworldorderhighonitsagenda,theBRICSmemberstates,whichnowcomprisethefiveoriginalBRICSmembers(Brazil,Russia,India,ChinaandSouthAfrica)andfivenewmembers(Egypt,Ethiopia,Iran,SaudiArabiaandtheUAE).AtthelastBRICSSummitinJohannesburg,SouthAfrica,inAugust2023,theoriginalBRICSleadersadmittedsixnewmembers—effectivefromJan1,2024—butArgentinarecentlyannounceditwouldnotjoinBRICSnow.

  TheBRICSmemberstatestogetheraccountedformorethan40percentoftheglobalpopulationandover25percentofglobalGDP.Withfivenewmembers,BRICSwillfurthercounterbalancetheG7'sglobalinfluenceasitsshareofglobalGDPwillincreaseto36percentwhileitwillaccountfornearlyhalfoftheworld'spopulation.

  Withmorethan30economiesreadytodeepenrelationswiththegrouping,BRICSiscommittedtostrengtheningtheGlobalSouthcoalitionasacollectiveforceandupholdingmultipolarisminordertohelpestablishaworldorderthatisnotdominatedbytheUSanditsallies.

  TheinclusionoffivenewmemberswilladdtoBRICS'weight,extenditsglobalinfluenceandstrengthentradetieswithawiderangeofemergingmarketanddevelopingeconomiesbyestablishingafairpaymentsystemwhichcannotbeexploitedbytheUSanditsWesternallies.

  TheweaponizationoftheUSdollarhashelpedWashingtonmaintainitsglobaleconomicandgeopoliticalsupremacy.TheUShasimposedeconomicsanctionsonnearly40countries,includingCuba,Russia,theDemocraticPeople'sRepublicofKorea,IranandVenezuela,apartfromlevyingsanctions,punitivetariffsandexportcontrolsmeasuresonChina,affectingnearlyhalfoftheworld'spopulationandcausinguntoldhardshipstoordinarypeopleinthosecountries,thushamperingtheireconomicgrowth.Thesearetheprimereasonswhymanyemergingmarketeconomieshavebeencallingforglobaltradetobeconductedincurrenciesotherthanthedollar.

  IfBRICS'plantoadoptacommoncurrencytoconductglobaltradeissuccessful,itwillhaveahugeimpactontheUSdollarasadefaultinternationalcurrency,becausethe10memberstatesofBRICSaccountfor36percentofglobalGDP.Infact,acommonBRICScurrencycouldbeagame-changer;itcouldbreakthedollar'sglobalhegemonyandmakeiteasyforemergingeconomiestoconductfreetradeincurrenciesotherthanthedollar.

  WhethertheUSanditsWesternallieslikeitornot,theworldorderischanging,andtheGlobalSouthisemergingasakeyplayerininternationalrelations.SotheUSanditsWesternalliesshouldheedtheGlobalSouth'sconcernsandhelpbuildaglobalgovernancesystemandfinancialarchitecturewhichbenefitsall.

  TheauthorisadirectorofBRISL,anindependentandpioneeringSriLankan-ledorganization,withstrongexpertiseinBRIadviceandsupport.

  Theviewsdon'tnecessarilyreflectthoseofChinaDaily.

  Ifyouhaveaspecificexpertise,orwouldliketoshareyourthoughtaboutourstories,thensendusyourwritingsatopinion@chinadaily.com.cn,andcomment@chinadaily.com.cn.