The BRICS members, composed of major developing economies, has garnered interest from more than 40 nations eager to strengthen their political influence. Countries such as Iran, Argentina, Bangladesh, and Saudi Arabia are among those expressing a keen desire to become members of this influential coalition.
Originally formed in 2009, BRICS consists of Brazil, Russia, India, China, and South Africa, uniting these nations as a counterbalance to Western economic dominance. South Africa joined as the fifth member in 2010, making it the only country to have been admitted since its inception. In 2018, South Africa proposed the idea of further expansion, which led to earnest discussions about new BRICS memberships starting last year, according to Anil Sooklal, South Africa’s ambassador to the group.
Ambassador Sooklal revealed that 22 countries have officially approached BRICS, and an equal number have informally expressed their interest in joining. Notable applicants include Argentina and several other major Global South countries. Furthermore, nations like Bangladesh, the United Arab Emirates, Iran, Saudi Arabia, and some European nations have enthusiastically conveyed their desire to become part of the bloc.
While China and South Africa stand in favor of expansion, Russia is expected to align itself with China’s position. On the other hand, Brazil and India harbor concerns that their own influence within BRICS may wane with the addition of new members, which could lead them to oppose further enlargement. The Eurasia Group, in a note to its clients, has suggested that Brazil and India may prefer to designate interested countries as “observers” instead of granting them full membership.
In preparation for this year’s BRICS summit, scheduled for the next month, South Africa, the host nation, has extended invitations to 69 global leaders, highlighting the bloc’s commitment to enhancing its influence. The summit will take place in Johannesburg from August 22 to 24, with invitations extended to all African states and a total of 69 countries. This event is poised to play a significant role in shaping the future dynamics of BRICS and its global impact.
