Foreign ministers from the five-country BRICS group called for a “rebalancing” of the world order in Thursday talks in South Africa.
“Our gathering must send out a strong message that the world is multipolar, that it is rebalancing and that old ways cannot address new situations,” Indian Foreign Minister Subrahmanyam Jaishankar said in opening remarks. “We are a symbol of change and must act accordingly.”
Jaishankar said that the concentration of economic power “leaves too many nations at the mercy of too few.”
What BRICS foreign ministers discussed
The BRICS group comprises Brazil, Russia, India, China and South Africa.
Talks among top envoys from the group this week centered on the potential use of alternative currencies to the US dollar for international trade and strengthening the group’s New Development Bank.
Members of the bloc also discussed reforming global decision-making, with South African Foreign Minister Naledi Pandor criticizing the lack of permanent African representation on the United Nations Security Council.
