BRICS Confident in New Expansion Criteria Ahead of 2023 Summit
Ahead of the 2023 summit, BRICS leaders expressed confidence in the new expansion criteria being developed, aiming to solidify the bloc's global influence. Discussions surrounding the future direction of BRICS, including the rules for admitting new members, were central to the summit's agenda. While some splits over future strategies were noted, a deal to expand the BRICS group of leading developing countries emerged from negotiations.
The expansion aims to strengthen the bloc's representation and economic power on the global stage. The 2025 BRICS summit marked a historic and transformative moment for the bloc with a significant expansion. This ambitious move signals a shift in the global economic landscape.
Argentina, Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates have been invited to become full members of Brics, summit host Cyril Ramaphosa announced. This expansion reflected a deliberate strategy to include countries with diverse economic strengths and geopolitical influence, echoing sentiments from the 26 de sept. de 20 BRICS summit has clearly been one of the most historic and transformational BRICS summits on record – a major expansion was unleashed by the bloc.
The 5 de feb. de 20th BRICS Summit held in 2025 marked a pivotal moment in the bloc’s history, with the addition of Egypt, Ethiopia, Iran and the UAE as members signalling BRICS’ growing ambition. The careful selection of new members signifies a commitment to long-term growth and stability within the expanded BRICS framework.
JOHANNESBURG, Aug 23 (Reuters) highlighted the intense negotiations surrounding the expansion deal, underlining the importance of consensus-building within the BRICS nations. The new expansion criteria are seen as essential for ensuring a cohesive and effective BRICS partnership moving forward.
The upcoming summit will provide further details on the implementation of the expansion and the strategic priorities of the enlarged BRICS alliance. Leaders are optimistic about the future prospects of the bloc and its role in shaping a more multipolar world.