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25/06/2022 - International Relations

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June 25, 2022

BRICS countries have shown that they cooperate effectively on their common interest. Analyse with respect to 14th BRICS summit. (200 Words)

Refer - The Hindu

Enrich the answer from other sources, if the question demands.

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IAS Parliament 2 years

KEY POINTS

·        The 14th BRICS Summit revealed much about the grouping of five emerging nations.

·        The bloc has been able to demonstrate some concrete, albeit modest, outcomes of cooperation, such as the emergence of the New Development Bank (NDB).

·        NDB, which has since its launch in 2015 funded around $30 billion worth of projects in emerging nations, still remains for the grouping an isolated example of their common interests translating into tangible outcomes.

·        For instance, on two key issues for the grouping UN reforms and terrorism  members India and China have found themselves on opposing sides of the debate. India and Brazil have made common cause on pushing for an expanded UN Security Council,

·        On Ukraine, the bloc affirmed a commitment to respect sovereignty, despite Russia’s actions, and stopped short of condemning NATO, as Russia and China have done, reflecting different views within BRICS.

·        These differences certainly cast doubt on the bloc’s loftier goals of reorienting the global order. T

·        hey do not, however, suggest that the BRICS countries cannot cooperate on issues where interests align, whether in financing projects.

Harshitha G 2 years

Please review 

IAS Parliament 2 years

Try to bring coherence in the answer. Keep Writing.

K. V. A 2 years

Kindly review

IAS Parliament 2 years

Good attempt. Keep Writing.

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