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RE: LeoThread 2025-03-13 06:13

in LeoFinance7 months ago

Part 5/8:

Institutions that effectively govern and enforce rules among member states are crucial for long-term cohesion. The EU operates with a powerful governing body, whereas BRICS remains a loose association without the requisite authority to compel compliance among its members. Countries within the bloc highly value their sovereignty and are unlikely to willingly cede power to a supranational entity.

This organizational limitation is coupled with conflicting interests among member states. For example, tensions between China and India impede the kind of partnership essential for comprehensive economic agreements or even foreign investment. Each country holds a unique set of motivations, making it difficult to align their goals under a unified institution.

The Challenges Ahead