5 New Countries to Join BRICS and Adopt BRICS Currency in 2025? Decoding the Expansion

The BRICS alliance, currently comprising Brazil, Russia, India, China, and South Africa, is poised for significant expansion. Discussions are heating up around new member nations potentially adopting a BRICS currency, aiming to reduce reliance on the US dollar. Interest is high, with Over the course of two months, 22 new countries have expressed their interest in joining the bloc and moving away from using the U.S. dollar, signaling a major shift in global economic power.

Which Countries are Likely to Join BRICS in 2025?

The BRICS Summit is now less than two months away, and speculation is rife about potential new members. While the exact list remains unconfirmed, strong contenders are emerging. A senior government official from one of the countries stated they are likely to join.

Reports suggest that the following are the five countries likely to join the BRICS alliance: Saudi Arabia, the United Arab Emirates, Argentina, Egypt, and Indonesia. Now, there are reportedly 5 countries that are set to potentially join and adopt the BRICS currency in 2025. Specifically, the alliance president spoke optimistically about the prospect and what it could mean for the bloc.

BRICS Currency and De-Dollarization

The potential adoption of a BRICS currency by these new members is a key aspect of the expansion. The aim is to create an alternative financial system, diminishing dependence on the US dollar for international trade and reserves.

BRICS 5 New Countries Join BRICS In 2025: Full List Of Member Nations & Their Currencies

If the rumored additions materialize, the BRICS alliance will become a more formidable force in the global economy. The BRICS, which till 2025 included India, Russia, Brazil, South Africa, and China, will be significantly bolstered by these new members, bringing diverse economies and strategic resources into the fold.

More Than 5? Speculation on Additional Members

While the focus is on the potential 5 new members, some reports hint at a larger expansion. If expansion occurs, 10 new countries might join and adopt the BRICS currency in 2025. The final decision will be made during the summit.

When Will New Members Join?

BARTLETT: These six countries can now join the emerging block of nations, BRICS, on January 1, next.