Following the 9th BRICS summit in Xiamen, China, and the 3rd Eastern Economic Forum in Vladivostok, Russia, there are few aspects that are important to highlight.
Global Research, September 10, 2017
Cooperation between the BRICS countries
It’s no secret that the BRICS designation was proposed by Goldman Sachs. It’s no secret that the core of the BRICS partnership is Russia and China.It’s no secret that Brazil and India, besides their current internal political difficulties, are struggling with huge external debts (ED). This means that two BRICS countries are on a tight grip by the IMF, where US has veto power over every decision.
Cooperation between the BRICS members has been more or less stalled. It appears to be more RC doing all the work and BIS on a secondary level not exactly knowing where to go. That’s why, in my opinion, China is looking to bring other…