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BRICS Weighs Expansion with 15 Potential Partners

BRICS Weighs Expansion with 15 Potential Partners

eBrics by eBrics
7 months ago
in BRICS News
Reading Time: 1 min read
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BRICS, the economic bloc founded by Brazil, Russia, India, and China in 2006 and expanded to include South Africa in 2011, is considering adding 15 new partner countries. Russian presidential aide Yury Ushakov revealed the plans in an interview, explaining that leaders will decide on a select group of states that could become partners in the first phase of expansion. Criteria for consideration include regional influence and participation in international affairs.

While at least 30 countries have shown interest in joining BRICS, Ushakov emphasized the need for a cautious approach to avoid turning the group into an “amorphous structure” that would be challenging to manage. This expansion strategy will be a key topic at the upcoming BRICS summit in Kazan from October 22-24, which will be the first summit attended by new members Egypt, Iran, the UAE, Saudi Arabia, and Ethiopia.

Russian President Vladimir Putin stated that although many nations seek closer ties with BRICS, the bloc must carefully evaluate the implications of a significant expansion. Leaders from more than 30 countries, including Chinese President Xi Jinping, Indian Prime Minister Narendra Modi, and Laotian President Thongloun Sisoulith, are expected to attend the Kazan summit. The event will serve as the main gathering during Russia’s yearlong BRICS presidency, which began in January 2024.

Tags: BRICSexpansioninternational relations
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