How BRICS Is Driving The GCR.

[Luigi1]

Here's an article of GCR interests...

BRICS Diplomacy Driving The 2025 Reset.

Treat as a rumor.  Not verified.  Your opine.

 

 

 

From Policy To Power:  BRICS Diplomacy Driving The 2025 Reset.

ARTICLE:  Diplomacy & peace initiatives are now central levers in the Global Reset, reshaping both governance & financial architecture.

 

Part I — Q1 & Q2 2025: Institutional Shift & Governance Reform.

Diplomacy crosses into financial architecture.

 

Overview:

-In H1 2025, BRICS consolidated its push for governance reform, calling for deep changes in IMF representation & voting power.

-Finance ministers united on a quota‑realignment proposal & emphasized local-currency settlement systems.

 

Key Developments:

-BRICS finance ministers issued a joint statement promoting IMF quota reforms to boost the voice of developing economies. 

-Proposal includes formula based on GDP & PPP to reflect real economic weight. 

-Commitments to cross-border local-currency payment platforms signal early infrastructure planning. 

 

Why It Matters:
This early-year push lays the foundation for a multipolar order less dependent on Western dominance.

 

Implications For The Global Reset:

-Pillar 1 – Institutional Reformation: Shift in global governance in favor of emerging powers.

-Pillar 2 – Financial Sovereignty: Local currency trade strengthens autonomy.

-Pillar 3 – Strategic Economic Platforms: BRICS payment rails emerge.

 

Part II — Q2 & Q3 2025: Expansion & South‑South Cooperation:

New members, broader ambition.

 

Overview:

-BRICS expands, deepening its role as a voice for the Global South & strengthening cross-regional diplomacy.

-Calls for IMF reform gain leverage with new members, like Indonesia, boosting geopolitical & economic weight.

 

Key Developments:

-Public backing for quota reforms in the 17th General Review of IMF quotas. 

-Expansion strengthens South-South alliances and regional trade cohesion. 

-Local-currency payment mechanisms are being operationalized. 

 

Why It Matters:
BRICS is evolving from symbolic coalition to a governing force capable of reshaping global financial structures.

 

Implications For The Global Reset:

Pillar 1 – Institutional Reformation: Expanded membership strengthens credibility.

Pillar 2 – Financial Sovereignty: Local currency systems operationalized.

Pillar 3 – Diplomatic Infrastructure: Hub for political alignment beyond Western systems.

 

Part III — Q3 & Q4 2025: Tensions, Signaling & Future Pathways.

 

Overview:

-Tensions emerge as members debate ambition vs. practical coordination.

-BRICS positions itself as a normative counterweight to Western-dominated financial & political institutions.

 

Key Developments:

-Divergent views on reform implementation highlight internal challenges. 

-Calls for merit-based leadership at IMF & WB reflect push for equitable representation.

 

Why It Matters:

BRICS’ ambition is clear & even internal friction demonstrates the pressure building for global institutional change.

 

Implications For The Global Reset:

Pillar 1 – Institutional Reformation: Meritocratic leadership challenges old power structures.

Pillar 2 – Financial Sovereignty: Local-currency networks expand.

Pillar 3 – Diplomatic Infrastructure: Even with internal debate, BRICS forces global actors to recognize a new order.

This is not just politics — it’s global finance restructuring before our eyes.

[Luigi1]

Here's another article related to the above...

 

 

The Center For Banking Studies Launches A Specialized Course On Financial & Administrative Corruption.
 ARTICLE:  November 16, 2025  The Banking Studies Center announced the organization of a specialized training course entitled “Financial & Administrative Corruption: Basic Concepts”, during the period from November 16 to 19.
 
The course focuses onclarifying the comprehensive concept of financial & administrative corruption, reviewing the causes and factors leading to it, in addition to the negative effects of corruption on institutional performance & the nat'l economy.

 

The course also covers the legal framework & nat'l & int'l systems for combating corruption &  enables participants to distinguish between financial & administrative corruption, which enhances the ability to prevent & take appropriate action within institutions.
 
The course targets specialists in the financial & administrative fields to provide them with the latest knowledge & practical practices in the field of combating corruption, which contributes to raising the efficiency of institutional performance & enhancing transparency & accountability.   

 

Government Advisor: Amending The Commercial Agency Law Supports Iraq's Requirements For Joining The WTO.
 
Baghdad – WAA – Nassar Al-Hajj  The PM’s financial advisor, Mazhar Muhammad Salih, confirmed on Sunday that the Cabinet’s approval of the draft law amending the Commercial Agency Regulation Law would support Iraq’s accession to the WTO & improve market efficiency by reducing prices & raising the quality of goods, as well as supporting investment & integration into the global economy. 

 

Saleh told the Iraqi News Agency (INA): “The 1st amendment to the existing Commercial Agency Regulation Law represents an important legislative reform that enhances competitiveness, improves the quality of goods & services & supports investment & integration into the global economy,” noting that “the amendment also contributes to building a more Disciplined & dequitable market, which will directly impact economic growth & consumer protection in Iraq.” 

 

 He added that "this amendment comes to address the gaps that appeared during the application of the law since 2017, whose main goal was & still is to promote & regulate commercial activity &    improve the business environment in Iraq." 

 

He explained that  “the motives for the amendment are directed towards important axes, including   addressing cases of actual monopoly by some commercial agencies.  in key sectors such as      sensitive devices, consumer goods, & others as well as the need for more precise regulation of the relationship between foreign companies & local agents.

 

In accordance with int'l standards, with the necessity of raising the level of transparency &  disclosure in registering agencies & documenting their contracts,” noting that “all the contents of the amendment are consistent with the need to protect the consumer from substandard goods & weak after-sales services, as we have explained,  which drain the consumer & the nat'l economy.” 

 

He stated that "the amendment comes to support the state's direction towards improving the investment environment & attracting global companies directly to the nat'l market." 

 

He stated that "the most prominent aspects of the amendment are based on opening the field to greater competition between agents & preventing disguised monopolies, tightening registration & auditing procedures for commercial agencies through the Ministry of Commerce, in addition to clearer & stronger regulation of contracts between the local agent & the foreign supplier, which enhances the rights of both parties & obligating agents to higher standards of quality, warranty & maintenance, as well as strengthening governmental &tax oversight & digitization in agency procedures & providing an important entry point towards building a competitive & fair market away from the dominance of closed agencies & supporting the requirements for the country's     accession to the WTO by enhancing transparency & competition." 

 

He added that  "amending the law also leads to strengthening nat'l supply chains, encouraging local manufacturing & establishing a stable & attractive legal environment for foreign direct investment that is consistent with global quality standards in developing the business environment,  which is the focus of the WB & int'l trade & economic organizations."

 

He pointed out that "the  implications of amending the existing Commercial Agencies Regulation Law are embodied in providing important economic pathways, foremost among them improving market efficiency by reducing prices & raising the quality of goods as a result of increased competition, in addition to attracting new int'l companies & brands to the Iraqi market, reducing the restrictions imposed by monopolies, stimulating local investment in the fields of distribution,    logistics & commercial services, in addition to protecting the consumer & providing better products with more committed after-sales services& increasing state evenues by controlling tax compliance & regulating import operations."