TASS interviewed Russia’s Ministry of Foreign Affairs Number Two man and head “Sherpa” liaison with BRICS Sergei Ryabkov and published it at its Russian language site o 17 December.
The prospective members from ASEAN are familiar with consensus decision making, and there is an established history of dealing with tensions among member states, so I see Malaysia, Indonesia, and Thailand as assets in the BRICS project, and of course Laos and Vietnam. All are very familiar with western colonialism and meddling. Economic development has been phenomenal but now the critical element is proofing their economies from sanctions and financial coercion. Using USD Tether has its limits so I see the implementation of banking/financial transactions outside SWIFT as one of the most important goals.
The prospective members from ASEAN are familiar with consensus decision making, and there is an established history of dealing with tensions among member states, so I see Malaysia, Indonesia, and Thailand as assets in the BRICS project, and of course Laos and Vietnam. All are very familiar with western colonialism and meddling. Economic development has been phenomenal but now the critical element is proofing their economies from sanctions and financial coercion. Using USD Tether has its limits so I see the implementation of banking/financial transactions outside SWIFT as one of the most important goals.
Agreed. IMO, the weak links are the Arab states, exemplified by the Saudis.
Great update. Thanks.
Definite progress. There is an alternative in emergence. Hope it gets there. D.