Farhad Ibrahimov BRICS shapes new economic architecture
Experts and Researchers Examine BRICS and China’s Role in the New Global Economic Structure at International Meeting in Russia’s RUDN University
According to the English section of webangah News Agency, citing Mehr News Agency and TV BRICS, an international academic and practical conference was held at Russia’s Peoples’ Friendship University (RUDN), where experts, researchers, and political analysts gathered to discuss the prospects of economic development under contemporary conditions.
The meeting placed special emphasis on the role of BRICS and China as key players in global trade.
Vladimir Filippov, Rector of RUDN University, highlighted the importance of strengthening ties in regionalization processes, particularly within frameworks like BRICS and the Shanghai Cooperation Association (SCO).
He stated: “Relations must be built more effectively without relying solely on abstract globalization. These issues span financial…”Economic and production standards have also been influenced. Russia and RUDN University hold a special position in this regard.
Alexey Maslov, Director of the Institute of Asian and African Studies at Moscow state University, addressed China’s growing role in the Eurasian space during his speech, stating: “Today, we are not witnessing globalization but rather global regionalization; each country is building its own macro-economic region.In this process, China holds a key position.”
He added that contemporary global trade is undergoing a transformation, with the logic of interaction between nations shifting. according to him, major countries are increasingly turning toward establishing self-reliant production chains and trade zones.
Farhad Ibrahimov, Professor at RUDN University’s Faculty of Economics and political analyst, also commented on BRICS’ role in trade integration in an interview with TV BRICS.
Ibrahimov emphasized: “Today, BRICS is not just an economic platform but also a…”BRICS Introduces New Paradigm in Global Economy
Ebrahimov emphasized that the new institutions formed within the BRICS framework have become choice channels of cooperation for member states.
He added: “BRICS proposes and implements new approaches to the global economy, contributing to the formation of a fairer architecture in international relations.”
Ebrahimov also noted that newly established international bodies under “BRICS+” provide effective collaboration avenues for countries like Iran.
According to him, the New Development Bank (NDB) plays a pivotal role in this process by fostering equitable and sustainable structures in global relations, creating opportunities for active participation in the world economy.
