Brics and the Bandung Effect

Scott Ritter- While the idea of such a currency was floated, Brics members were united in their belief that much work still needed to be done before a new monetary system would be ready.

The 2024 Brics summit is now in the books. To better understand its significance, one should turn back the pages of history and reflect on the lessons of the past. The 1955 Bandung Conference stands out in this regard, not only because it provides the proper historical foundation for the modern-day Brics phenomenon, but also because the underlying principles of that gathering never went away.

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