Cuba becoming a partner in BRICS is a major development. If Cuba can circumvent US sanctions through BRICS, it could easily open the floodgates signaling to other countries around the world that US hegemony is over. It will still take some time for this to happen, but we could be as close as 2030.
China is building lots of solar power in Cuba, which will probably be more impactful than joining BRICS for Cuba (assuming the current plans are scaled up, since right now they are just 2% of Cuba’s electricity).
Even if Cuba joins BRICS fully, it will take a lot of time, and it is unknown exactly how far BRICS will go in terms of circumventing sanctions. Furthermore, circumventing sanctions only allows them to trade, they will still actually need energy production to be stepped up. The only way for them to do that will be to import oil (forcing them into dependency) or through power generated domestically.
Yaeh, building solar in Cuba is obviously a very good thing, but I’m thinking just more immediate stuff like fuel supplies would be good. I guess BRICS isn’t really required for that since Russia for example could be sending fuel without having to worry what the west thinks.
I suspect western sanctions are going to be increasingly less of a concern because we’re already seeing an alternative financial system forming. At the same time the west is becoming increasingly less relevant to the global economy. We can also see how the west is starting to put tariffs on Chinese goods, and that will only expand going forward. That means that China increasingly needs to refocus trade outside the west. And China being the biggest trading partner for majority of countries would mean that their partners will have to do that too if the west starts applying sanctions against countries trading outside the dollar.
In a landmark decision, the BRICS alliance welcomed 13 countries to participate as partner countries, according to a declaration at the recent summit. The countries joining the BRICS alliance as partners are Algeria, Belarus, Bolivia, Cuba, Indonesia, Kazakhstan, Malaysia, Nigeria, Thailand, Turkey, Uganda, Uzbekistan, and Vietnam.
This collaboration aims to cultivate stronger economic ties and political alliances. Each new partner country will engage in selective BRICS activities, paving the way for potential full membership in the future. The precise implications of this status are under vigorous examination by both the existing BRICS members and the newly partnered nations.
Good news and a brighter future for Cuba I hope, but also - Turkey joining seems like a big deal.
It saddens me that Lula got in the way of Venezuela and Nicaragua’s membership. Lula vetoed both countries.
I’ll be in my bunk.