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zarin taslima
Jul 16, 2022
In Welcome to the Forum
The "Group of Seven" (G7) summit is being held in southern Germany. U.S. President Joe Biden announced that he will raise $600 billion to promote global infrastructure investment plans to assist developing countries in infrastructure construction. Some countries have fallen into debt problems because of their over-reliance on China’s Belt and Road Initiative. A few days ago, the United States, the United Kingdom, Japan, Australia and New Zealand announced the establishment of the "Blue Pacific Partnership" (PBP), with the goal of promoting political and economic relations with Pacific island countries. influence in the Pacific region. China intends to company banner design create a "developing country version" of the G7 Not long before the G7 summit, China also hosted this year's "BRIC Summit" (BRIC), inviting heads of state from Russia, India, Brazil, South Africa and other countries to participate in a video conference. In addition to discussing poverty reduction and food security, the meeting In addition to other global issues, the expansion of the "BRICS Summit" was also discussed. "BRICS Plus" will likely include new members, including developing countries such as Argentina and Saudi Arabia, and it will become a developing country's version of the G7. Whether this architecture can compete with the G7 in developed countries deserves continuous attention. Although the China-led "BRICS Forum" is not an international organization, it has established various non-governmental exchange mechanisms, paid attention to issues of common concern to developing countries, and adopted a pragmatic cooperation model to solve the problem of common development. Taking this year as an example, China, as the rotating presidency, invites key members to hold dialogues on poverty reduction and food security, which are not only global issues, but also the focus of great attention of many developing countries. The path is different from that of developed countries, and it can also weaken the repressive power of the West. The main reason why this year's "BRICS Summit" can attract attention is that Russian President Vladimir Putin also appeared to participate, which has become an important platform for Russia to face the world. Compared with the isolation and sanctions imposed on Russia by Western countries, the "BRICS Summit" The significant increase in importance has also given Putin's concept of "international reserve currency" an opportunity to promote and implement it. Unlike the past BRICS summits, which were mere verbal cooperation, and the fact that member states share common economic interests, the role of the BRICS summit is different from the past, and should not be underestimated.
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