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BRICS emerging as viable alternative to Western dominated system: expert

China

BRICS emerging as viable alternative to Western dominated system: expert
China

China

BRICS emerging as viable alternative to Western dominated system: expert

2025-07-07 17:39 Last Updated At:21:27

The more the West weaponizes the financial and trade system it has built and dominated, the more they encourage the rest of the world, including the BRICS members, to seek alternatives, said an expert from Russia, one of BRICS countries.

In an interview with China Global Television Network (CGTN) via video link, Anton Fedyashin, associate professor at American University, shed light on this year's BRICS Summit that opened in Rio de Janeiro, Brazil on Sunday and will last through Monday.

Supported by strong economies and a vast share of the global population, BRICS is emerging as a viable alternative to the Western dominated system, Fedyashin said.

"We are still living within a financial and trade system that was constructed and dominated by the West. The rules were set by Western states. And now the BRICS are the only viable alternative because they contain such powerful economies and such a large percentage of the world's population compared to the G7 states, by the way. This is emerging as an alternative to the Western-dominated system," he said.

He noted that ironically the rising of BRICS is driven by the actions of Western policymakers themselves.

"One of the ironies, for me, is that the greatest champions of BRICS, of multilateralism, of multipolarity, are Donald Trump and the likes of Lindsey Graham Senator in the United States, because the more they weaponize or threaten to weaponize the financial and the trade systems that the West so carefully and intelligently constructed, the more they are encouraging countries, such as the members of BRICS and their associates and the rest of the world to start looking for alternatives to Western-dominated markets," he said.

BRICS emerging as viable alternative to Western dominated system: expert

BRICS emerging as viable alternative to Western dominated system: expert

The airstrike conducted by Saudi-led coalition targeting the port of Mukalla in Yemen's oil-rich Hadramout province early Tuesday morning has caused severe damage to nearby residential buildings and left locals terrified.

According to the coalition, the strike targeted weapons and combat vehicles allegedly unloaded at the port from two unauthorized ships that arrived from the port of Fujairah in the United Arab Emirates (UAE) over the weekend.

Coalition spokesman Turki Al Maliki said the vessels had disabled their tracking systems and delivered a large cache of arms intended to bolster the Southern Transitional Council (STC) in Yemen's Hadramout and Al-Mahra provinces, a move he described as a "clear violation" of the UN Security Council Resolution 2216 of 2015.

He said the operation was conducted in accordance with international humanitarian law and its customary rules, ensuring that no collateral damage occurred.

However, local residents offered a different account, describing scenes of chaos and destruction in the pre-dawn hours following the strike.

"As you can see, this is the severe damage that occurred to our home as a result of the airstrike that targeted the Mukalla port, specifically military vehicles that were next to the house, about 20 to 40 meters away. At exactly 04:30, the location was targeted with a surprise airstrike, and we were shocked by the sudden violent explosions," said Salem Ali Al-Haj Zaid, a local resident.

Another resident, Um Ali, described the psychological toll on children.

"The children kept crying from the time of the strike until morning. Poor things, they were shocked, scared and unable to sleep again," said Ali.

The strike hit especially hard for Um Mohammed, a widow living on the top floor of a residential building near the port.

"We were terrified. My mother is old. The most damage was to the floor of the building where I live, and I am a widow. Who will compensate us for this?" said Mohammed.

The reported attacks come amid heightened military escalation in Hadramout, where Saudi-backed Yemeni government forces have warned of possible military action following the STC's refusal to withdraw its forces from the governorate.

Meanwhile, the Saudi-led coalition called on all civilians to immediately evacuate the port of Mukalla to ensure their safety, according to the Saudi state news agency SPA.

Mukalla, the capital of Hadramout governorate, is a key port city on Yemen's southeastern coast, with strategic and economic value.

Saudi-led airstrike on Yemen's Mukalla port damages homes, sparking fear among locals

Saudi-led airstrike on Yemen's Mukalla port damages homes, sparking fear among locals

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