From https://x.com/BenjaminNorton/status/1871411903144312847
More here : https://geopoliticaleconomy.com/2024/10/26/brics-13-partner-countries-summit-kazan-russia

(minus Argentina since the 1st of January 2024)
(and Saudi Arabia is still hesitating)

The G77(, now 134 members), was founded 60 years ago, in 1966, while the G7 was only founded 7 years later in 1973, and the G20 in 1999.

The BRICS formed in 2006(, officially in 2009), with the specific aim of countering neo-colonial institutions like the “unholy trinity”(, IMF, WTO, World Bank), hence more extended than the diplomatic relations of the G77, e.g. by creating investment banks.
More secondarily they also funded the Contingent Reserve Arrangement. They’re also trying to break free from other neo-colonial tools by other means than creating institutions, e.g. with de-dollarization. Russia created an alternative to the western-dominated SWIFT, which may be adopted by the rest of the BRICS+, as well as the Mir payment system.
And there are also other non-financial institutions, such as the BRICS Institute of Future Networks(, 5G, a.i., …), space cooperation, the BRICS Innovation Network, the BRICS Vaccine Research Center, …
Russia and India are exchanging gas, China and Brazil are exchanging solar panels, etc..
The BRICS Business Council, Business Forum, the BRICS Women’s Business Alliance, and probably hundreds more, you get the idea. They’re not going to wait for the west to stop putting themselves first. Ideally, there would be world institutions and everyone would help each other and laugh at the idea of being nationalists at the expense of others, but we’re not there and may never be, how many countries are waiting for a chance for revenge, or would feel safer with their old opponents definitely out ? Eat or be eaten i suppose, even if there are other ways…

  • queermunist she/her
    50·
    2 days ago

    I really hope Cuba can leverage this to survive the economic war being waged by the US. It’s almost certainly going to get even worse again, but if BRICS breaks the blockade the island might be able to start to heal.

    • ☆ Yσɠƚԋσʂ ☆@lemmygrad.ml
      33·
      1 day ago

      There’s a lot of potential for Cuba to develop alongside BRICS. Russia has no reason to care what the west thinks at this point, and I’m hoping China will choose to start being assertive as well. Even if just those two opened up serious trade with Cuba then things would improve rapidly.

      • queermunist she/her
        27·
        1 day ago

        I think China is trying to prolong this uneasy peace with the West as long as possible, to wait for an opportune moment. As soon as they start making moves the West will overreact and hurt itself in its confusion, so they just need to wait for the best possible time.

        Which is coming very soon if Trump follows through with blowing up the NAFTA and NATO trading bloc with tariffs.

        • ☆ Yσɠƚԋσʂ ☆@lemmygrad.ml
          19·
          1 day ago

          That’s my impression as well. It looks like Trump is very likely to escalate economic warfare with China, and he’s going to try to prevent trade outside the dollar from expanding. China cannot agree to that because they realize that the dollar will be weaponized against them at some point in the near future.

  • 小莱卡@lemmygrad.mlEnglish
    9·
    1 day ago

    I think the highlights from this group are the ASEAN countries (hopefully we see Vietnam/Cambodia/Laos next). the thailand/malaysia/indonesia triangle is gonna do great with BRICS, it justs makes sense.

    • o_d [he/him]@lemmygrad.mlEnglish
      9·
      1 day ago

      I’m not so sure Vietnam will, unfortunately. While it doesn’t necessarily go against their “four no’s” defence policy, I can see how it might be interpreted that way.

      1. no military alliances
      2. no siding with one country against another
      3. no foreign military bases or using Vietnamese territory to oppose other countries
      4. no using force or threatening to use force in international relations

      While joining BRICS isn’t exactly siding with one country against another, the purpose of this is likely to avoid getting involved in antagonistic block conflict, which the west will interpret this as.

      I also think there’s still some territorial conflict, especially regarding maritime exclusive economic zones that need to be settled with China. Vietnam may want to resolve this before joining an economic block where China has significant influence.

      • REEEEvolution@lemmygrad.ml
        4·
        1 day ago

        Nani? I thought the maritime disputes with between China and Vietnam had been settled already. I swear, I read a few years ago that a compromise had been reached.

        • o_d [he/him]@lemmygrad.mlEnglish
          3·
          1 day ago

          I haven’t seen that. I was chatting with a local in Vietnam and they were telling me that students learn about the dispute in the education system. Their information could just be out of date though. Let me know if you find what you read previously.