BRICS 10th Summit:
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The 10th summit, framed its deliberations against U.S. President Donald Trump’s unconventional approach on world affairs, particularly the looming trade wars.
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BRICS leaders, stressed “the centrality of the rules-based, transparent, non-discriminatory, open and inclusive multilateral trading”, based on the World Trade Organisation.
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This stemmed from their broader commitment to cooperate for strengthening multilateralism, the rule of law and an equitable international order.
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That one of the BRICS members (China) does not follow in word and spirit this high-sounding prescription in regard to Asian affairs may have escaped attention.
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The other big idea emanating from the summit is to help nations to prepare for the Fourth Industrial Revolution.
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South Africa, as the host, stepped in on it and managed to create sufficient enthusiasm for it.
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Articulated the need for :
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New strategy on employment.
- Education
- Skill development as the digital revolution unfolds.
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Africa, BRICS Plus
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The BRICS outreach to Africa began at the last summit hosted by South Africa, in 2013; it has picked up momentum now. But African leaders want more.
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They need big loans from the New Development Bank (NDB) for their infrastructure projects. So far, the NDB has dispersed loans totalling $5.1 billion — all to its members only.
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China introduced the “BRICS Plus” format at the Xiamen summit last year by inviting a few countries from different regions.
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South Africa emulated it, arranging the attendance of top-level representation of five nations of its choice: Argentina, Jamaica, Turkey, Indonesia and Egypt.
Unity and divergence
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As a partnership that represents over 40% of the world’s population and accounts for 22% of global GDP, BRICS will continue to be an influential voice as long as its convergences prevail over its divergences.
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Changing power equations within BRICS are being watched closely. China’s dominance is a reality even as the grouping asserts the sovereign equality of all members.
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China-Russia proximity has been a continuing factor. Given its political and economic travails, Brazil played a low-profile role.
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Modi and his delegation were pro-active and visible. A South African commentator observed that India was playing “a delicate geopolitical game with the U.S., China and Russia as their spheres of influence wax and wane” across regions.
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To Delhi’s satisfaction, four paragraphs in the summit declaration were devoted to the problem of international terrorism.
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The India-South Africa partnership helped to ensure that the Johannesburg Declaration was balanced and well-rounded in its orientation.