Wednesday, 8 July 2015

The BRICS summit

Today´s BRICS summit has more or less escaped the attention of the mainstream media. It is true that a meeting in Ufa, a far-flung city in the middle of vast Russian steppe, is not easy to cover. But it is also true that Greece and the Chinese stock exchange crisis are taking a lot of headline space. And they are much easier for international reporters to access.

Within the BRICS, the trend is for a deepening of the economic cooperation between the three big ones: China, India and Russia. These countries, contrary to Brazil and South Africa, can take advantage of their geographic proximity. Their political relations are also rather friendly and that adds leverage to their economic exchanges.

Besides that, one should recognise that every one of these five countries have the same concern: they want to get a stronger voice in international affairs. And that´s the cement that brings them together. 

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