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COOPERATION WITHIN THE BRICS TO ENSURE NATIONAL ECONOMIC SECURITY

https://doi.org/10.24833/2073-8420-2025-1-74-207-216

Abstract

Introduction. Since 2020, cooperation within the BRICS has been developing in accordance with the Concept of Cooperation initiated by the Russian Federation. The concept was designed until 2025, so the contours of future cooperation are being actively discussed today. In the presented article, the author examines the possibilities of intra-block interaction for ensuring the national economic security of the participating countries. The article examines national interests, identifies points of convergence and difficulties in bilateral relations. Based on the analysis, the potential for cooperation is assessed and the most effective forms of interaction are proposed.
Materials and methods. When writing the article, the comparative method of scientific research was used. At the first stage, an analysis of the national documents of the participating countries directly or indirectly regulating the issues of economic security was carried out. The provisions of these documents were also compared with the provisions of the “BRICS Cooperation Concept”. Further, based on the analysis of official statistical data provided by both international structures and national agencies and ministries, the progress of the countries in achieving their own national interests in the field of economic security was assessed.
The results of the study. The author found that the BRIC countries have four approaches to regulating economic security issues: the existence of a special document, the consolidation of economic security provisions in the constitution, the inclusion of security issues in general economic regulation, and the implementation of national programs. There was also a discrepancy between the interests and priorities of a number of countries. Some countries, including Russia, are more concerned about the changing world order, energy security, moving away from the dollar in international settlements, and circumventing economic and financial sanctions. At the same time, food security and poverty remain the most pressing issues for other countries.
Discussion and conclusion. Among the BRICS countries, only Russia has a comprehensive economic security strategy. Ensuring economic security within the framework of general economic regulation is carried out by China and India. Iran, Indonesia and Egypt have fixed the main provisions in their constitutions. Other countries prefer nationwide programs in particular areas. An analysis of both regulatory documents and the expenses for implementing a certain economic policy has made it possible to establish that Russia and China are concerned about the problems of increasing competition for leading positions in the global economy. The issue of energy security is relevant for everyone, but for Russia and Iran it is a stable export, and for South Africa it is a problem of energy poverty. Moving away from the dollar is important for Russia, Iran, China, and to a certain extent for the UAE. The problems of food security and poverty are relevant for Egypt, Brazil, Ethiopia, South Africa, and partly for the UAE. It was found that Indonesia and the UAE are among the countries considered to be in the relevant «economic security».

About the Author

A. V. Vasilev
MGIMO MFA of Russia
Russian Federation

Alexey V. Vasilev, applicant, the Department of Economic Policy and Public-Private Partnership (EPPP) 

Moscow



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Review

For citations:


Vasilev A.V. COOPERATION WITHIN THE BRICS TO ENSURE NATIONAL ECONOMIC SECURITY. Journal of Law and Administration. 2025;21(1):207-216. (In Russ.) https://doi.org/10.24833/2073-8420-2025-1-74-207-216

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ISSN 2073-8420 (Print)
ISSN 2587-5736 (Online)