Russian President Vladimir Putin recently proposed the idea of forming a BRICS parliamentary structure. The concept has already received support from other members, such as China and India. This proposal comes amid growing tensions between the United States and China, which have been exacerbated by the ongoing COVID-19 pandemic.
The BRICS countries – Brazil, Russia, India, China, and South Africa – have been pushing for greater representation on the global stage, particularly in international financial institutions like the World Bank and the International Monetary Fund (IMF. These organizations are currently dominated by Western powers, which has led to criticism from developing nations.
The BRICS countries believe that creating a separate parliamentary structure would give them more influence over global affairs and help promote their interests on the world stage. The proposed BRICS parliament would likely focus on issues such as trade, economic development, and international security.
This move by Russia reflects its growing desire to challenge US dominance in global politics and finance. By aligning itself with other major emerging economies like China and India, Russia is seeking to create an alternative power bloc that can counterbalance American influence.
While it remains unclear how the BRICS parliament would function or what specific policies it might pursue, this proposal highlights the increasing importance of these non-Western powers in shaping the future of global governance. As the world continues to grapple with complex challenges such as climate change and economic inequality, it is clear that new alliances and institutions will be needed to address these issues effectively.