From 25 to 27 July, South Africa organised the tenth BRICS summit. The heads of state and government from Brazil, Russia, India, China and the host country convened in Johannesburg against the backdrop of rising insecurity and fragmentation in the global system.
The future of globalization will decisively depend on the future of international political cooperation. The G20 is one of the most important, but also one of the most criticized fora for the cooperation between the economically most powerful states. It is thus of upmost importance that it becomes more accountable to the public. We argue here that the most feasible and least intrusive step forward with regard to the G20’s accountability would be to take measures to increase its transparency.
Leaders of five BRICS countries – Brazil, Russia, India, China and South Africa – will meet in Johannesburg, South Africa from 25-27 July for the 10th BRICS Summit, convened under the theme: BRICS in Africa: Collaboration for Inclusive Growth and Shared Prosperity in the 4th Industrial Revolution.
After the G7 summit in Canada it is questioned whether the global summitry, be it G7 or G20, can have any value anymore or whether it should be scrapped altogether, at least as long as cooperative multilateralism is regarded as useless by the largest economic and military power, the US. Is there anything substantial to be expected from the next G20 Summit in Argentina in November this year or from the next G7 summit in France in 2019? (mehr …)
The G7 Summit on 8 and 9 June 2018 in Charlevoix, Canada, ended in the worst possible outcome. Even an open clash at the negotiation table would have been better than President Trump’s post-summit withdrawal from the joint communique. On his road of destruction of the existing international order, Donald Trump has deprived the G7 of its operating principle: the forging of shared purpose as a basis of joint action among a select group of important countries. This is a bad omen for the upcoming G20 Summit in Buenos Aires, Argentina, at the end of the year.
