“BRICS must defend the multilateral trading system as a bulwark against economic fragmentation”. Comment.
Kartavya Desk Staff
Topic: Bilateral, regional and global groupings and agreements involving India and/or affecting India’s interests
Topic: Bilateral, regional and global groupings and agreements involving India and/or affecting India’s interests
Q4. “BRICS must defend the multilateral trading system as a bulwark against economic fragmentation”. Comment. (10 M)
Difficulty Level: Medium
Reference: TH
Why the question India’s call at the BRICS Foreign Ministers’ meet to defend the multilateral trading system comes amid U.S. tariff hikes and growing protectionism, raising concerns of global economic fragmentation. Key Demand of the question The question requires explaining the rationale for BRICS to defend multilateralism and then critically assessing how this defense can function as a safeguard against economic fragmentation. Structure of the Answer: Introduction: Note how WTO-based multilateralism is under stress due to unilateral tariffs and sanctions. Body: Why BRICS must defend multilateralism – its global trade weight, leadership for the Global South, and the need to revive a rules-based order. How this defence acts as bulwark – ensuring resilient supply chains, advancing WTO reform, promoting digital and inclusive trade, and reducing North–South asymmetry. Conclusion: Close with a futuristic line that BRICS can anchor a more stable and equitable global trade order if its economic leverage is matched with institutional reforms.
Why the question India’s call at the BRICS Foreign Ministers’ meet to defend the multilateral trading system comes amid U.S. tariff hikes and growing protectionism, raising concerns of global economic fragmentation.
Key Demand of the question The question requires explaining the rationale for BRICS to defend multilateralism and then critically assessing how this defense can function as a safeguard against economic fragmentation.
Structure of the Answer:
Introduction:
Note how WTO-based multilateralism is under stress due to unilateral tariffs and sanctions.
• Why BRICS must defend multilateralism – its global trade weight, leadership for the Global South, and the need to revive a rules-based order.
• How this defence acts as bulwark – ensuring resilient supply chains, advancing WTO reform, promoting digital and inclusive trade, and reducing North–South asymmetry.
Conclusion:
Close with a futuristic line that BRICS can anchor a more stable and equitable global trade order if its economic leverage is matched with institutional reforms.