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India’s BRICS Challenge: Building Cooperation Without Anti-Western Cohesion

India’s BRICS Challenge: Building Cooperation Without Anti-Western Cohesion
Is BRICS Too Big to Agree? · timesnownews.com

India is leading BRICS during a time when the group has more members and different opinions.

The big question is what success should mean for India.

Success probably will not be measured by how long its declaration is.

India wants BRICS to help countries in the Global South work together.

At the same time, India needs the United States, Europe and Japan for technology, money and security partnerships.

India may try to improve BRICS financing and help members use their own currencies more often.

It may also work on technology cooperation and stronger supply chains.

The group may never agree on everything, but it could still cooperate on issues where its members share interests.

Key facts

Central question
Whether an enlarged BRICS can become more functional without becoming more anti-Western.
India’s balancing act
India seeks a Global South platform while depending on the United States, Europe, Japan and other Indo-Pacific partners.
Financial priority
Progress on reform and financing for the New Development Bank.
Currency approach
Pursue local-currency mechanisms without seeking an unrealistic common currency.
Other potential priorities
More resilient supply chains and technology cooperation.
Membership challenge
BRICS must manage a membership that is increasingly diverse.
Long-term vision
A pragmatic, multipolar institution that cooperates where members’ interests overlap.

Sources

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