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World shifting from West to East – BRICS forum president

BRICS news

The trade bloc offers a new model of growth entailing equal rights and opportunities for members, Purnima Anand says.

The role of BRICS on the global stage is increasing every day and many countries are attracted to the economic bloc by the new solutions and stability it offers. That’s according to the president of the BRICS International Forum, Purnima Anand, who spoke exclusively to RT this week.

The BRICS group of emerging economies currently consists of Brazil, Russia, India, China, and South Africa. The bloc accounts for more than 40% of the world’s population and nearly a quarter of global GDP.

With Western economies in decline, many countries, even members of OPEC and OECD, are now interested in the stability that BRICS has to offer, Anand noted. In particular, she mentioned OECD member Türkiye, which is currently applying for BRICS membership.

Many countries that are friendly to BRICS are joining the bloc, she said, adding “So, this is [the] time when power is shifting from West to East.”

The official, however, stressed that BRICS is not “a competitor of the Western economy.” BRICS nations cooperate and have a common perspective, because “we don’t want to develop another model of the Western economy and democratic process; we want a new model where all the members have equal rights and opportunities to grow together.”

Anand argued that for a long time Western powers had been using the whole planet in their interests, exploiting both the human and natural resources of other countries and continents. In the Western economic growth model, some countries “are very high, while others very low and don’t get an opportunity for their economic development,” she noted.

Today, the countries comprising the Eastern world understand what the West is doing and what is good for them, Anand said.

The BRICS forum president emphasized that the whole world is currently in a very “disturbing” situation, with inflation running high and countries looking for solutions. Meanwhile, China, Russia, and India have started transitioning to using their local currencies in trade, which shows that there are alternative solutions within the BRICS bloc.

Talking about Western sanctions against Russia, she said the restrictions are creating an opportunity for BRICS economies. “This is very high time for BRICS partners and alliances to create good structure … to understand where we are moving, what cooperation is required, and what new dimensions are developing by the participation of new members,” Anand said.

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Source:RT News

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7 COMMENTS

  1. Putin has been saying for some time that BRICS will be the instrument for rebalancing, not only the world economy, but the self-determination of independent states. This is why the Americans are pushing the war in Ukraine.

    It is not about Ukraine itself, which is incidental. It just happens to fit American aims. Neither is it a war, proxy or otherwise, against Russia as it seems. America is in a war to preserve the dollar as the global benchmark currency.

    The US is fighting for its very existence on the world stage as the senior partner. It is fighting to maintain its position as the world’s arbitor and global policeman. So, the gloves are off and everything is on the table.

    And it is failing…

  2. Every move the yanks make is deflected by Russia and its BRICS partners. A group that has grown well beyond American influence now.

    In the coming month Xi will visit Saudi Arabia and from that will come the final nail in the $US dollars coffin. That is game over.

    As it loses top dog status (and now it’s too far gone not to) it will have no way of printing money without limit to shore up its accumulated 192 trillion of debt. It’s bed made it will lie in it.

    So if we think NZ Is entering a recession we need to think again. A tsunami is heading our way and will visit our political prostitution to the western deviant elites

  3. BRICS countries are some of the most corrupt in the world (behind the US) this kind of cooperation might make them clean their act up.

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