“BRICS+”: high-quality partnership for high-level global development

Chinese President Xi Jinping delivers a keynote speech in virtual format at the opening ceremony of the BRICS Business Forum in Beijing, China, June 22, 2022. /Xinhua

Chinese President Xi Jinping delivers a keynote speech in virtual format at the opening ceremony of the BRICS Business Forum in Beijing, China, June 22, 2022. /Xinhua

Editor’s note: Xia Lu is an associate professor at the School of Marxist Studies and a researcher at the National Academy of Development and Strategies, Renmin University of China. Gao Lei is Associate Professor and Research Fellow at the Collaborative Center for Open Economy Theory and Practice, Xi Jinping Thought Center on Openness, Center for Globalization and China Modernization, the University of International Business and Economics. The article reflects the opinions of the authors and not necessarily the views of CGTN.

The year 2022 is destined to become a year of great significance, not only for China, as the 20th National Congress of the Communist Party of China (CPC) will show this fall, but also for the international community seeking economic recovery. , peaceful coexistence and sustainable development. The 14th BRICS Summit and High-Level Dialogue on Global Development to be held on June 23-24, hosted by Chinese President Xi Jinping, are set to lay the groundwork to meet expectations and usher in a new era for development worldwide with quality partnership. In his keynote address at the opening ceremony of the BRICS Business Forum, President Xi called on BRICS countries, other members of the international community as well as business leaders to assume their responsibilities to accelerate the implementation of United Nations 2030 Agenda for Sustainable Development, to steadily promote the implementation of the Global Development Initiative, and to jointly build a community with a shared future for mankind.

Security and development are two major concerns of the world these days, and according to President Xi, the solution is to strengthen cooperation instead of deepening confrontation, with a channel provided by the BRICS. The concept of “BRICS+”, first initiated by China in 2017, the last time it held the rotating presidency, has recently become a buzzword and a mode of future collaboration and cooperation between emerging markets and developing countries, representing a firm rejection of unilateralism and a strong call for multilateralism. Based on previous experiences and achievements, it can be clearly seen that the “BRICS+” mode not only works well for member countries, but also provides an inevitable and strong force for the global governance system that has already been broken. .

Since 2006, when the foreign ministers of Russia, Brazil, India and China held their first founding meeting while attending the United Nations General Assembly that year, the countries BRICS (South Africa having officially joined the group in 2011) have made substantial progress in terms of collaboration and cooperation in areas such as infrastructure construction, grain security, clean energy development , environmental protection, poverty reduction, technological innovation and people-to-people exchanges. What is more, the collaboration and cooperation mechanisms set up by the BRICS have become an expanded platform, providing most developing countries and other newly industrialized economies (NIS) with the opportunity to respond to the common aspiration of all peoples.

Before 2017, the BRICS countries’ dialogue with regional organizations and national leaders had accumulated some mature experience, and the “BRICS+” mechanism had made useful explorations since 2017, being a starting point of the “Golden Decade” for the band. For example, the 2013 Summit in Durban, South Africa invited African leaders to participate in dialogue; the 2014 Summit in Fortaleza, Brazil invited leaders from South American countries to join the dialogue; during the 2015 summit in Ufa, Russia, an interregional summit of the Shanghai Cooperation Organization (SCO) and BRICS countries was held; During the 2016 Summit in Goa, India, a dialogue between the BRICS leaders and the leaders of the member countries of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) also took place.

It is therefore reasonable to say that the creation of the concept of “BRICS+” and the progress of the “BRICS+” mechanisms are inseparable from China’s active advocacy and vigorous promotion. Since socialism with Chinese characteristics has entered a new era, the Chinese leaders’ willingness and ability to actively participate in the reform of the global governance system, advocate a new type of multilateral cooperation and promote the development of the political system and international economy in a more healthy, balanced and sustainable context have been highly recognized by the international community.

As a new form of South-South cooperation that emerged in the discussion of BRICS countries, “BRICS+” has taken on more and more global influences. On the one hand, the “BRICS+” extend the impact of the BRICS mechanism, allowing more emerging markets and developing countries to share in the opportunities brought by the BRICS; on the other hand, unlike the conventional military and political alliances which have existed for a long time in this world and which therefore lack attractions for most of the NIS, the “BRICS+” retain a certain flexibility and a pragmatic arrangement, favoring the participation of all parties to international cooperation in a much more comfortable way.

Under current circumstances, globalization remains a historic trend, which is urgently needed to gain new momentum for further progress. The mechanism of domination of globalization by a single state or group of countries to maintain its hegemony is no longer possible, and each member of the international community needs a new mode of cooperation to contribute to globalization. In this sense, the “BRICS+” follow and conform to the trend of history and offer a politically intelligent alternative.

In recent years, the scope and scope of “BRICS+” mechanisms have been broadened extensively and intensively day by day. On the one hand, the countries participating in “BRICS+” have broken through the regional level and expanded to the rest of the world, becoming an important mechanism for BRICS countries to connect with other emerging markets and developing countries around the world. . In 2021, the New BRICS Development Bank admitted Bangladesh, Egypt, United Arab Emirates and Uruguay as new members. On the other hand, the scope of “BRICS+” cooperation is also becoming increasingly broad, including not only economic, trade, security and political exchanges, but also cultural and people-to-people exchanges.

All these points being said, the “BRICS+” mechanism has always emphasized the theme of development, striving to promote the implementation of the United Nations 2030 Agenda for Sustainable Development, to maintain global development and unite emerging markets and developing countries to become a positive force for a steady and lasting change in the international financial order.

Against the backdrop of rising unilateralism and protectionism, the “BRICS+” mechanism will firmly uphold the value of globalization and follow the historical trend of economic globalization, multipolarization and democratization of international relations, so as to grasp development opportunities in the field of the new industrial revolution such as digital economy, green economy, clean energy and information technologies.

Thus, in this sense, the “BRICS +” mechanism carries the expectations of developing countries to promote the reform of the international order and opens a new path of multilateralism for mutual benefit, win-win and cooperative development.

(If you would like to contribute and have specific expertise, please contact us at [email protected] Follow @thouse_opinions Twitter for the latest comments in the CGTN Reviews section.)

Sara H. Byrd