Pak Sahafat – A Pakistani newspaper, citing the importance of the BRICS summit in South Africa and the impact of its members’ goals to counter unilateralism, wrote: BRICS is an example of one voice for independence and strengthening multilateralism.
According to Pak Sahafat News Agency, the English-language newspaper “Express Tribune” dedicated its editorial today to the meeting of BRICS member states in Johannesburg (South Africa) and wrote: BRICS has big plans to implement and creating a common currency is one of the dreams of its members.
In an era of alliances, BRICS is in the spotlight in the global South as its members strive for their own independent voices, the editorial said. The BRICS summit in Johannesburg is set to lay the foundation stone for a robust multilateralism forum that is pro-economic and development, and has nothing to do with political competition. BRICS, which accounts for a third of the world’s GDP and nearly half of the planet’s population, will expand its membership by considering applications for new membership from 25 countries eager to join the group.
Tribune wrote: BRICS will be a change of power and will affect the common behavior of the West. BRICS has big plans, including the establishment of a common currency. This is in a situation where the US dollar has faced strong competition from the Chinese yuan, the Russian ruble and the Indian rupee in the commercial markets. Along with this, the growth projectile of these emerging economies is next to Brazil and South Africa. Maybe that’s why many countries want to join this bloc.
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Breaking the dominance of the US is on the agenda of the “BRICS” group.
According to this Pakistani newspaper; BRICS, which was launched in 2009, needs to be discussed in terms of a harbinger of peace for development. The most important work on their table should be to mediate an agreement to stop the hostilities in Ukraine, provide a road map to create an investment portfolio in developing countries and avoid duality in dealing with global disputes.
The plan to create the BRICS group was formed with the rapprochement of the four emerging economic powers of the world, including Brazil, Russia, China, and India, during the height of American unilateralism in the mid-1990s. The history of the formation of this group dates back to 2001, and finally the “BRIC Group” was officially established on June 16, 2009, and with the addition of South Africa on September 21, 2010, its name was changed from “BRIC” to “BRICS” after this country joined.
The most important indicator in this group is the economic, financial and monetary functions, as well as the transregional scope and globality of the members and its influence, which is known as the “Emerging Economic Powers” group.
Seyed Ebrahim Raisi, the President of the Islamic Republic of Iran, at the head of a political delegation, went to Johannesburg on the invitation of the President of South Africa, Cyril Ramaphosa, in his first official trip to attend the BRICS summit.
Now, in addition to the five main members, 23 countries officially and 6 countries unofficially want to join this group, including the Islamic Republic of Iran, Algeria, Argentina, Egypt, Indonesia, Saudi Arabia, Turkey, the United Arab Emirates and many countries. They are on the verge of joining this influential economic group in these days of the global economy.