BRICS cooperation: An alternative to the current global order?

Date

December 18, 2024, 9:00 AM to 10:00 AM EST
Virtual Event
Cecilia Malmström (PIIE), Ayabonga Cawe (International Trade Administration Commission), Tanvi Madan (Brookings Institution) and Mihaela Papa (Massachusetts Institute of Technology)

Event Summary

Leaders from 36 countries recently met at a BRICS summit in Kazan, Russia. The theme of the loosely defined geopolitical bloc's conference was "Strengthening multilateralism for Just Global Development and Strategy." Russia, the host, had hoped for a decision on an alternative payment system to the dollar. Summit participants were unable to agree on that point, but they had long discussions on many other subjects. Is BRICS becoming a geopolitical force to count on, or is it merely a talking shop? What can we expect for the future and what are the key priorities for the different member countries? Is there a more coordinated BRICS position on global affairs?

Joining this episode of Trade Winds are:

HOST

Cecilia Malmström
Nonresident Senior Fellow, Peterson Institute for International Economics (PIIE)

GUESTS

Ayabonga Cawe 
Chief Commissioner, International Trade Administration Commission, South Africa

Tanvi Madan 
Senior Fellow, Center for Asia Policy Studies, Foreign Policy Program, Brookings Institution

Mihaela Papa 
Director of Research, Center for International Studies, Massachusetts Institute of Technology

Video

Series

About This Series

Trade Winds explores the future of international trade—the challenges, possibilities, and where international efforts are headed—in a monthly virtual event series hosted by Cecilia Malmström. Join the discussion to learn from global policymakers, practitioners, business leaders from different sectors, experts, and more.