While G20 Fades Into a Photo-Op Club, BRICS Builds Banks and Payment Rails
Countries
Cooperation areas
Source: Sputnik News | Original Published At: 2026-04-25 16:54:00 UTC
Key Points
- Dr. Alexis Habiyaremye characterizes the G20 as a forum lacking enforcement mechanisms compared to BRICS.
- The New Development Bank is highlighted as a tool to emancipate members from US dollar coercion.
- BRICS is described as fostering consensus-based coordination and multipolarity among non-Western nations.
- The article suggests declining Western dominance is reducing global interest in the G20.
- BRICS is positioned as a counterweight to Western hegemony and unilateralism with strong economic dynamism.