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BackPanova, Director of the BRICS-Russia Expert Committee: The BRICS cooperation mechanism is an important force in improving global governance and promoting multipolarity.
Panova, Director of the BRICS-Russia Expert Committee: The BRICS cooperation mechanism is an important force in improving global governance and promoting multipolarity.
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中国新闻网1 hour agoPolitics3 min readChinaView original

Panova, Director of the BRICS-Russia Expert Committee: The BRICS cooperation mechanism is an important force in improving global governance and promoting multipolarity.

Quick Look

  • Victoria Panova, director of the BRICS-Russia Expert Committee, said that since its establishment 20 years ago, the BRICS cooperation mechanism has developed into an important force in improving global governance and promoting multi-polarization.
  • BRICS countries maintain the common interests of the global South through cooperation in political security, economic, trade, financial, people-to-people and cultural exchanges and other fields, and are welcomed and recognized by more and more countries.
  • China, as an important member, promotes the continuous development of cooperation.

AI-generated summary

Why It Matters

Since its establishment 20 years ago, the BRICS cooperation mechanism has developed into an important force in improving global governance and promoting multipolarity. The BRICS countries uphold the spirit of openness, inclusiveness, and win-win cooperation, safeguard the common interests of the global South, and have become a model for cooperation between emerging market countries and developing countries.

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"An important force in improving global governance and promoting multipolarity"

——访金砖国家—俄罗斯专家委员会主任帕诺娃

"In the 20 years since its establishment, the BRICS cooperation mechanism has developed into an important force in improving global governance and promoting multipolarity." Victoria Panova, director of the BRICS-Russia Expert Committee, said in a recent interview with this reporter that the BRICS countries uphold the spirit of openness, inclusiveness, and win-win cooperation, safeguard the common interests of the global South, and have become a model for cooperation between emerging market countries and developing countries, and are welcomed and recognized by more and more countries.

Panova believes that by establishing a multi-level, multi-field and all-round cooperation structure, BRICS countries have continued to achieve fruitful results in cooperation in the fields of political security, economy, trade and finance, and people-to-people and cultural exchanges, providing strong support for the common development of the global South. For example, the BRICS countries regard non-traditional security as an important area of ​​cooperation, established a counter-terrorism working group and a cybersecurity working group, and support efforts to promote countries to sign and ratify the United Nations Convention against Cybercrime. Through mechanisms such as the New Development Bank, the BRICS countries provide developing countries with high-quality, low-cost, and sustainable infrastructure financing, and at the same time promote the improvement of emergency reserve arrangement mechanisms, local currency settlement and cross-border payment cooperation, etc., to create a stable and predictable environment for economic growth and sustainable development in the Global South. BRICS countries also use people-to-people and cultural exchanges as a link to promote people-to-people exchanges and people-to-people bonds by deepening cooperation in science, education, culture, sports, tourism and other fields.

"The BRICS countries are committed to reforming and improving global governance and enhancing the voice of the Global South." Panova said that the BRICS countries have always actively promoted the reform of important global institutions such as the United Nations, the International Monetary Fund, the World Trade Organization, and the World Bank, so that they can more reflect equality and fairness. She believes that the BRICS cooperation mechanism emphasizes sovereign equality, mutual respect and mutually beneficial cooperation, and opposes interference in internal affairs, unilateral sanctions and protectionism. The BRICS countries unanimously oppose the formation of "small circles" and work together to promote global economic growth to benefit more countries and regions. She said that as important members of the BRICS cooperation mechanism, Russia and China work closely together to promote BRICS countries and developing countries to strengthen policy communication, position coordination and practical cooperation, and continue to enhance the voice and influence of the global South on the international stage.

"China is an important force in promoting the continuous development of the BRICS cooperation mechanism." Panova said that the four major global initiatives proposed by China will help promote the construction of an open world economy, maintain international peace and security, promote exchanges and mutual learning among different civilizations, and improve global governance. They are also of great significance to BRICS cooperation. The BRICS countries advocate a global governance concept of extensive consultation, joint contribution and shared benefits, practice true multilateralism, and inject strong impetus into the development of the global South.

Panova said that the BRICS cooperation mechanism has huge development potential and broad prospects. It is hoped that all countries will continue to expand practical cooperation in areas such as infrastructure connectivity, energy, aerospace, artificial intelligence, digital economy, green economy and climate change. China will take over the BRICS chair next year and looks forward to further promoting deeper and more substantial BRICS cooperation.

记者 肖新新

What to Watch

AI outlook — possibilities, not facts

  • After China takes over the BRICS chairmanship next year, it will further promote BRICS cooperation to become deeper and more substantial.

    Very likely · Within months

  • BRICS countries will continue to expand practical cooperation in areas such as infrastructure connectivity, energy, aerospace, artificial intelligence, digital economy, green economy and climate change.

    Likely · Within months

Open Questions

  • How to balance the differences in interests of member states after the BRICS enlargement?
  • What is the actual size of NDB’s loans and project progress in sustainable infrastructure financing?
  • What specific agenda will China promote after taking over the BRICS chairmanship next year?

Related Topics

This article was originally published by 中国新闻网.

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