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Rising Brics - For a new order

Posted by Matt in June 3rd, 2008

BRIC shows signs of emerging as an alliance in an exercise seen as a challenge to the U.S.-dominated unipolar world order.

BRIC, an acronym coined by Goldman Sachs a few years ago to define a group of large emerging economies with fast growth rates, was born in May this year as a formalised grouping aspiring to play a leading role in reshaping the global political and economic order. The four-way alliance was set up in Yekaterinburg on May 16 when Brazilian Foreign Minister Celso Amorim joined the Foreign Ministers of Russia, India and China a day after they held the fourth stand-alone meeting of RIC (Russia, India, China) in this Russian city in the Urals.

The BRIC meeting was a triumph for former Russian President Vladimir Putin’s policy of promoting multilateral arrangements to challenge the United States’ concept of a unipolar world.

Read More…

Related posts:

  1. Building with BRICs
  2. Can Medvedev Escape from Putin’s Shadow?
  3. BRIC nations grab power
  4. Are the BRICs crumbling?
  5. Building BRICs of growth

Published in Brazil, China, India, Russia, , , , , , , , , , , , , , , , , , , , ,

Map for Yekaterinburg, Russia

[Countries link to CIA Factbook. States link to Wikipedia.]


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