13 Countries Submit Applications to Join BRICS Alliance: A Major Shift in Global Power?
The BRICS alliance could soon expand significantly, potentially reshaping the global economic and political landscape. Thirteen countries have formally submitted applications to join the bloc, signaling a growing interest in this alternative to Western-dominated international institutions. But who are these nations and what does this expansion mean for the future?
Growing Interest in BRICS Membership
“We are getting applications to join every day,” a South African official told reporters, highlighting the momentum behind the BRICS expansion. The formal applications from 13 countries are just the tip of the iceberg, with another six nations expressing interest informally. This surge in applications underscores the perceived benefits of joining BRICS, including access to new markets, investment opportunities, and a stronger voice in international affairs.
Who are the Potential New BRICS Members?
While the exact list of the 13 countries that have formally applied remains fluid, it is clear that there is broad geographical representation. These countries are seeking to align themselves with an organization that champions multilateralism and offers an alternative perspective to the current global order.
BRICS Expansion Underway: Nine Countries Become Partners
The BRICS expansion is already underway! As discussions continue, Russia has confirmed that nine countries will officially become “BRICS partners” in January. While the specifics of this partnership remain to be seen, it represents a significant step towards greater cooperation and integration. The new BRICS partner states will be Belarus, Bolivia, and Cuba, amongst others, solidifying the BRICS+ model.
The Future of BRICS and the Global Order
The potential addition of 13 new members, on top of the existing BRICS partnership program, represents a significant shift in global power. The expansion of BRICS could lead to increased trade and investment within the bloc, potentially challenging the dominance of the US dollar and Western-led financial institutions. The ongoing discussions surrounding the new members are crucial, and the decisions made will undoubtedly have far-reaching implications for the future of the global order.