The nature of global relations is changing: whereas in the past technology and finance moved through Western countries, today ties between the BRICS countries are strengthening. This was stated by Maxim Oreshkin, Deputy Chief of Staff of the Presidential Executive Office of the Russian Federation, speaking at a meeting of the National Committee for Business Cooperation within BRICS at the Congress of the Russian Union of Industrialists and Entrepreneurs (RSPP).
"Overall, the nature of global relations is changing. While previously technology, trade, and finance flowed through Western countries, now ties—genuine ties—are strengthening between BRICS countries and among the Global South nations. We are seeing new financial payment schemes, and we are seeing new technological solutions emerging in new growth centres. It is precisely for this reason that these direct relationships are already playing a key role in the economy of the future," he said.
Oreshkin noted that business diplomacy in today’s world is beginning to play a much more important role than it did ten, fifteen, or twenty years ago:
"Therefore, the role of business—both at the national level and across industry sectors—in interactions with the #BRICS countries and on international platforms is now difficult to underestimate. I am convinced that the role and impact of this interaction will certainly grow," he emphasised.
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