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BRICS opposes exceptionalism: China

Topics Covered: Effect of policies and politics of developed and developing countries on India’s interests, Indian diaspora.

BRICS opposes exceptionalism: China:


Context:

Virtual BRICS Foreign Ministers was held recently.

  • At the end of the meeting two statements were issued on the “Meeting of the BRICS Ministers of Foreign Affairs/International Relations” and another on “BRICS Joint Statement on Strengthening and Reforming the Multilateral System”.

 What has China said on BRICS and its intended objectives?

  1. BRICS countries pursue openness, inclusiveness and win-win cooperation, and reject “bloc politics and ideological confrontation”.
  2. The BRICS countries, as emerging markets and developing countries, are indeed different from a few developed countries in their attitude towards multilateralism and multilateral cooperation.
  3. The BRICS countries stress the need to observe the purposes and principles of the UN Charter and oppose exceptionalism and double standard.

What do these statements indicate/suggest?

  • These statements clearly reveal that China is opposed to the formation of the Quad grouping amongst the US, India, Australia and Japan.
  • It believes this group is targeting or harming the interests of third parties.

BRICS:

  1. BRICS is an acronym for the grouping of the world’s leading emerging economies, namely Brazil, Russia, India, China and South Africa.
  2. In 2001, the British Economist Jim O’Neill coined the term BRIC to describe the four emerging economies of Brazil, Russia, India, and China.
  3. The grouping was formalised during the first meeting of BRIC Foreign Ministers’ in 2006.
  4. South Africa was invited to join BRIC in December 2010, after which the group adopted the acronym BRICS.
  5. The Chairmanship of the forum is rotated annually among the members, in accordance with the acronym B-R-I-C-S.

Cooperation Mechanism: Cooperation among members is achieved through:

  1. Track I: Formal diplomatic engagement between the national governments.
  2. Track II: Engagement through government-affiliated institutions, e.g. state-owned enterprises and business councils.
  3. Track III: Civil society and People-to-People engagement.

India and BRICS:

  1. From the Indian perspective, BRICS has emerged the voice of developing countries, or the global south.
  2. With raising challenges on issues from WTO to climate change, New Delhi believes BRICS has to protect the rights of the developing countries.
  3. BRICS has put counter-terrorism on top of the agenda, this has been a success for India.

 

Insta Curious:

  1. Did you know that India has assumed the BRICS Presidency from January 2021?
  2. The acronym similar to the term BRIC: Do you know what MINTs is? Read Here
  1. Do you know What Next Eleven is? Read Here

 

InstaLinks:

Prelims Link:

  1. About BRICS.
  2. Summits.
  3. Presidency.
  4. Organisations and groups associated with BRICS.

Mains Link:

Discuss the significance and relevance of BRICS for India.

Sources: the Hindu.