Trade between Turkey and the far east is already well established. (Picture: Murad Sezer, Reuters )
The news that Turkey is seeking to join the BRICS (Brazil, Russia, India, China and South Africa) economic union must concern economists and politocians in the USA. UK and European Union as welol as defence chiefs in the NATO nations. The Daily Stirrer has reported at length on the currency war being waged by Russia, China and Iran on the status of the US$ as global reserve currency and this move, without having been orchestrated by Russia or China will greatly assist their cause.
“The economy of Turkey is one of the fastest growing economies in the world, despite the political events of the recent years and its geographical proximity to hot spots in the Middle East,” analyst Vladimir Rojankovski of the International Financial Center said.
“Turkey is a secular state with a predominantly Muslim population, it stands out favorably against other religious Islamic monarchies and theocratic doctatorships in the region. Turkey's accession to the BRICS bloc with the Russia-China vector is a serious setback for Europe and the United States,” the analyst added.
In terms of GDP, Turkey ranks 17th in the world. In terms of GDP, adjusted for PPP (purchasing power parity of citizens), it is 13th. This means that from the economic point of view Turkey is on par with all BRICS countries and is well ahead of South Africa.
Turkey’s desire to join BRICS was announced by President Recep Tayyip Erdogan on Monday. “We are in the G20 with five of those countries. I wish they would take the necessary steps to let us in and we could take our place in BRICS,” Erdogan told Turkish newspaper Hurriyet at the BRICS Forum in South Africa.
US analysts claim that Erdogan’s highly successful meeting with Putin in St. Petersburg could be the beginning of Turkey leaving NATO to join the BRICS. However the first indication such a shift was likely came out of Turkish President Recep Tayyip Erdogan’s highly successful meeting with Russian President Vladimir Putin in St. Petersburg earlier this year.
Does this mean Erdogan is in the process of disrupting Turkey’s longstanding relations with the West, and the United States in particular, to throw his lot in with the BRICS? We know that Trurkish officials feel betrayed by NATO over the Syrian conflict, and that they were badly treated by the EU which twice held open a door for Turkey to join only to slam it in the Turk's face.
Gossip circulating that the BRICS meeting suggest variety of deals in the energy, tourism, trade, finance, investment and defense spheres are to be negotiated.” If these succeed it could smooth the way for Turkey's admission to the bloc.
The St. Petersburg talks and Erdogan's attendance at th BRICS convention are likely to mark a pivotal moment in Turkey disengaging from the EU, the United States and NATO and reasserting its identity as a non-Western nation. As far as US interests in preserving the dominance of the petrodollar, this is very worst development possible and will trigger a major disruption in US relations in the Middle East and beyond.
University of Louvain philosopher and eminent political analyst Jean Bricmont commented that Turkey is moving out of the United States and NATO camps and Putin is outplaying US policymakers in his dealings with Ankara.