google.com, pub-9591068673925608, DIRECT, f08c47fec0942fa0 CHINA AND RUSSIA WANT TO MAKING A RIVAL G7 - MEDIA MONITORING OIL AND GAS -->

CHINA AND RUSSIA WANT TO MAKING A RIVAL G7

 


    China and Russia want to form a rival G7 or G7 alternative. German media outlet Frankfurter Allgemeine Zeitung reported that Beijing and Moscow wished to expand the BRICS to include four more countries.

    China and Russia want to expand BRICS, a club of five major developing countries, into a counterbalance to the Western-dominated Group of Seven (G7). To this end, Beijing and Moscow appear to be seeking to expand the group, beyond Brazil, India, and South Africa.

    In a report on Wednesday, the Frankfurter Allgemeine Zeitung claimed that since the start of Russia's attack on Ukraine, and the imposition of sanctions from the West, Moscow has sought to strengthen and expand its alliances with countries in Asia, Africa, and Latin America.

    The Kremlin has reportedly been growing hopes of turning the BRICS into a rival G7 for years, having been expelled from the previous G8. According to German newspapers, the Kremlin has now realized this effort.

    On Monday, Russian Foreign Ministry Spokesperson Maria Zakharova announced that two more countries, Argentina and Iran, had signed up to join the group. On his Telegram channel, the diplomat noted that this situation occurred when the White House was contemplating what to break, ban or destroy in the world.

    Earlier, officials in Tehran and Buenos Aires confirmed their countries' willingness to become full members.

    Also commenting on Telegram, Russian senator Aleksey Pushkov, who previously served as head of the Committee on Foreign Affairs in the State Duma, argued on Monday that although the BRICS did not state this, they are capable of being an alternative and even counterweight to the G7 in the future as it brings countries together. leading in the non-Western world.

    Pushkov described Iran's and Argentina's offer as a brilliant innovation step forward, as it undermined Western efforts to isolate Russia, and significantly expanded the political-economic organization of the non-Western world.

Meanwhile, experts quoted by Russian news agency RIA Novosti claim that ten more countries could join the BRICS in the future, including Turkiye, Saudi Arabia, and Mexico.

    According to Frankfurter Allgemeine Zeitung, another founding member of BRICS, China, would also like to see the club develop further. Beijing will also invite Egypt and Indonesia and join the organization. China regards the larger BRICS as a potential alternative or rival to rival the Western-dominated G7.

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