BRICS has expanded to 20 countries – 10 members and 10 partners – after adding Vietnam. BRICS+ now makes up 44% of world GDP (PPP) and 56% of the global population. The US failed to divide China and Vietnam in its Second Cold War.
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BRICS expands to 56% of world population, 44% of global GDP: Vietnam joins as partner country - Geopolitical Economy Report
BRICS expanded to 20 countries, 10 members and 10 partners, adding Vietnam. BRICS+ makes up 44% of world GDP (PPP), 56% of global population.Ben Norton (Geopolitical Economy Report)
Jeremy Buffer Jones
in reply to Yogthos • • •Yogthos reshared this.
David
in reply to Yogthos • • •Yogthos
in reply to David • • •@freeagent BRICS is a trade organization, it's not an ideological bloc like NATO. This is a strength and not a weakness. Countries within BRICS can have disagreements on policy, but do trade together regardless. China happens to be one of India's biggest trade partners.
This is what actual civilization looks like as opposed to the west where everyone has to be subordinated to daddy.
David
in reply to Yogthos • • •Jeremy Buffer Jones
in reply to David • • •#BRICS isn't a military or political alliance, it is a cooperative system of trade.
David
in reply to Jeremy Buffer Jones • • •Jeremy Buffer Jones
in reply to David • • •And?
David
in reply to Jeremy Buffer Jones • • •Jeremy Buffer Jones
in reply to David • • •@freeagent
I never said it wasn't political, every trade agreement is political. What I said is #BRICS is not a military or political alliance it is an alternative system of multi polar trading free of interference from the current US hegemony system where international trade requires trading in US dollars.
For example, New Zealand, which is not even a #BRICS member country, has a FTA with its biggest trading partner China that means NZ and China can freely trade with each other in their own currencies.
David
in reply to Jeremy Buffer Jones • • •Yogthos
in reply to David • • •Jeremy Buffer Jones
in reply to Yogthos • • •@freeagent
I have no idea what argument David is trying to make. His initial comment was that BRICS doesn’t appear to be a unified bloc pointing to the relationship between India and China. Which is why I pointed out the fact BRICS is not a political or military alliance but a cooperative economic system of trade.
USA’s 3 largest trading partners are Mexico, Canada, and China. It would be ridiculous to assume this makes these countries a unified political bloc.
Ironically, since Trump introduced his tariffs India, Japan, South Korea and the ASEAN member nations have all agreed to increase their economic and political cooperation with China.