World

Nelson de Sá: Russia, China and India seek ‘growing non-Western majority’

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The Russian financier RBC reported, regarding the call, that Lula and Vladimir Putin “expressed confidence that the partnership between the two countries will continue to develop successfully in all areas” —and agreed to “keep in touch”.

According to the Kremlin website, this includes “cooperation in the international arena, including within the BRICS”. The conversation was echoed by Indians like The Print, noting that they dealt with “Brazil-Russia strategic relations” and recalling that the Brazilian “plans to visit China at the beginning of his term”, not just the US.

On the Russian website RT, a column by academic Dmitry Trenin assesses that “Western hostility towards Russia has dispelled residual illusions about Western Europe and North America and given a powerful impetus to the reorientation of foreign trade policy towards Asia, the Middle East, Africa and Latin America.”

It envisages, for Russia, “a foreign policy closely engaged with the growing global majority of non-Western countries”.

In the same direction, in an interview with the South China Morning Post, Huang Ping, from “China’s main advisory body”, said that the country must now “focus on the emerging world”, exemplifying with the Sino-Arab meeting last week:

“This is no longer a unipolar world, this is no longer a world where the West has the final say.”

BRICS & MUSLIM

The Indian Economic Times reports that Foreign Minister S Jaishankar, on a visit to the United Arab Emirates, discussed “future cooperation within the scope of the Brics and the SCO”, the Shanghai Cooperation Organization, currently chaired by India.

He also spoke with his colleague from Iran, who is preparing a visit to New Delhi and is also negotiating to join the Brics and SCO. Other Indian websites report that Egypt “joined the de-dollarization campaign” of the bloc, joining the BRICS Bank.

And the London magazine International Banker highlights “Why the Brics bloc will play a crucial economic role in the world in 2023” (top image), on “dedollarization” actions in trade between emerging countries:

“Perhaps the most significant recent development for the bloc is the confirmation that the five member countries are seriously exploring the introduction of a BRICS reserve currency.”

END OF ERA

In the western financial media, Bloomberg, Reuters and the Financial Times (above) note the “substantial advantage” obtained by Lula with “two key victories”, one “allowing an increase in social investment”, the other overthrowing “a mechanism of the Bolsonaro era”, the “secret budget”.

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