LettersThe West need not fear Brics, expanded or not
Readers discuss the enlargement of the bloc, crime in South Korea, a Hong Kong success story, and the importance of neighbourlinessDiplomacyLettersPublished: 11:30am, 2 Sep, 2023Why you can trust SCMP
It may seem like a long time ago that the Clinton administration proclaimed “engagement and enlargement” to be the next big idea for the post-Cold War era. But engaging and enlarging is exactly what is happening now before our eyes.
The circumstances of Brics’ enlargement with six new invited members – the charge for expansion was led by prominent international adversaries of the West – have prompted many observers to characterise the event as a defeat for the West. That remains to be seen.The idea that the expanding association, which currently comprises Brazil, Russia, India, China and South Africa, will outcompete the Group of 7 and the West, or what is nowadays called the Global North, with a common currency, greater levels of trade and investment, and even a political identity, all seems, at present, to be unlikely. Until now, Brics’ main achievement has been a development bank.