As BRICS leaders prepare for their 17th summit in Rio de Janeiro this week, a Russian student at Beijing's Tsinghua University has highlighted the bloc's growing influence in reshaping global economic dynamics. Anna Yuschenko, speaking through a CGTN youth forum initiative, described BRICS as a 'transformative force' for developing nations seeking equitable representation.
'The New Development Bank shows how we can create alternatives to traditional systems,' Yuschenko noted, referencing the Shanghai-based institution established by BRICS members in 2015. Her comments come as the grouping of Brazil, Russia, India, China, and South Africa discusses potential expansion and enhanced financial cooperation.
Analysts observe that Yuschenko's perspective reflects growing youth engagement with multilateral institutions. The political science student emphasized BRICS' consensus-driven approach: 'Every member has equal say – this horizontal structure challenges outdated hierarchies in international relations.'
With the summit agenda expected to address currency mechanisms and sustainable development, Yuschenko's remarks underscore BRICS' evolving role in fostering what she termed 'a multipolar world order.' The forum's timing proves particularly relevant as developing nations increasingly seek coordinated solutions to debt management and infrastructure financing challenges.
