Расширение БРИКС: особенности и преимущества для России

Authors

  • Федор Трегубенко ООО Ю Би Эс Банк

Abstract

For Russia, which is under pressure from the sanctions regime and attempts by the West to isolate it in the international arena, BRICS, based on the principles of pluralistic democracy and equality, is of great importance. As a member of the bloc of countries of the Global South, Russia has the opportunity to conduct an active political dialogue, as well as work on the implementation of its strategic goals aimed at ensuring national and energy security. In addition, within the framework of BRICS, Russia not only receives the support of like-minded people interested in cooperation outside of politics, but also fully participates in joint projects, developments and the implementation of goals aimed at sustainable growth and prosperity of BRICS,

As new members join the organization, the importance of BRICS in the global economic system is also increasing, which entails a gradual transformation of the global monetary system and the foundation of a multipolar world. At the heart of these ambitious plans is the need to reduce dependence on the Western bloc and the critical importance of expanding cooperation and partnerships with other countries in the energy and mineral resources sector.

This article examines the key aspects of the creation and development of the BRICS international association and the changes that have occurred within the bloc since its enlargement in 2024; the interests and prospects of Russia in cooperation with the countries of the association is examined. To assess the increased role of BRICS in the global economic system, a comparative analysis of the key economic indicators of the bloc and the G7 forum was carried out. To judge the complementarity of the new BRICS members, we study economic and raw materials markers, the expected benefits of joining and potentially effective areas of cooperation within the organization. In this way, the article intents to reveal the expected role of each new participant and its contribution to the stimulation and development of the BRICS energy markets.

Keywords: fuel and energy complex, sanctions, BRICS, G7, dedollarisation, energy independence, energy security.

Published

2024-12-16

How to Cite

Трегубенко, Ф. (2024). Расширение БРИКС: особенности и преимущества для России. Russian Foreign Economic Journal, (11). Retrieved from https://journal.vavt.ru/rfej/article/view/2596

Issue

Section

World economy