Is BRICS Expanding? The Latest on 30 Countries Seeking Membership

The BRICS economic alliance, currently comprised of Brazil, Russia, India, China, and South Africa, is facing a potential transformation. With the Summit just a month away, the question on everyone's mind is: who will join?

Recent reports indicate significant global interest in the bloc. Indeed, the South African BRICS Ambassador, Anil Sooklal, stated that the upcoming summit could see the landscape of global economics reshaped. But just how many nations are vying for a seat at the table?

30 Countries Informally Request to Join BRICS

It's been revealed that 30 countries have informally requested to join the BRICS economic alliance. This surge in interest highlights the growing influence and perceived benefits of membership within the group. To start with, a host of countries have already made their formal bid to join BRICS, each with their own motivations. Together, they’re informally known as the “Friends of BRICS.”

Which Countries Want to Join BRICS?

While the full list of 30 nations remains under wraps, reports suggest a diverse range of economies are eager to participate. Around 40 nations, including Argentina, Iran, Saudi Arabia, and the United Arab Emirates (UAE), have expressed interest in joining the group in order to diversify their economic partnerships and explore alternative financial systems.

What Does This Mean for the Future of BRICS?

The potential expansion of BRICS raises important questions about the future direction of the alliance. Will it become a more powerful counterweight to Western-dominated institutions? How will the inclusion of new members impact decision-making and overall effectiveness? Keep checking back for the latest updates as the Summit approaches and the future of BRICS unfolds.