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23 March, 2016

BRICS under attack

The last decade has seen a remarkable coalescing of non-Western nations in both economic and political partnerships. These multilateral institutions have been championed as alternatives to Western organs of political and economic power such as NATO, the International Monetary Fund, and the World Bank.

From the growth of the Shanghai Cooperation Organization to the establishment of the Eurasian Economic Union, China’s “One Belt, One Road” strategy to link much of the Eurasian landmass via trade and investment, and most recently the establishment of the Asian Infrastructure Investment Bank, many have viewed these developments as essential for the decentralization of global power away from the imperial centers of Washington, Wall Street, London and Brussels.

But perhaps none of the emerging Global South international groupings has been more promising in terms of both public relations and real economic partnership than that of the BRICS countries (Brazil, Russia, India, China and South Africa).

BRICS countries account for 46 percent of the world’s population – over 3 billion people, as of 2015 – making it the single largest bloc in terms of human capacity among global alliances. The scope of BRICS, combined with its increasing assertiveness as an economic power unto itself, has undoubtedly ruffled a few feathers in Washington and elsewhere in the West.

It should come as no surprise that major moves have been taken in the last 12 to 24 months to undermine each BRICS member nation and destabilize them through political and economic means. And it is no coincidence that those leaders shown smiling and shaking hands at recent BRICS summits are now either the targets of destabilization efforts and subversion – as in the cases of Brazil, Russia, China and South Africa – or are a target of a military and political charm offensive, as in the case of India. In each case, the United States and its allies benefit significantly from the latest developments.

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