Is BRICS expansion on the rocks? Reports suggest India and Brazil are opposed to a rapid expansion of the BRICS group (Brazil, Russia, India, China, and South Africa) at the upcoming August summit. Hace 1 día, sources indicated that Brazil and India showed less enthusiasm for an aggressive expansion plan championed by China.
Why the resistance? NEW DELHI: India and Brazil are pushing back against a Chinese bid to rapidly expand the BRICS group of emerging markets to grow its political clout and counter the US, officials with knowledge of the matter have stated. Concerns revolve around maintaining the group\'s cohesion and influence.
India and Brazil are pushing back against a Chinese bid to rapidly expand the BRICS group of emerging markets to grow its political clout and counter the US, officials with… This reluctance is reportedly impacting discussions surrounding the future of the bloc. Specifically, BRICS has seen member countries India and Brazil reportedly object to expansion at the impending August summit. Bloomberg reported that both India and...
While an alternative currency was a topic of discussion – An alternative currency was actually raised at the BRICS summit in August 2025, but progress stalled amid caution from China and other factors – the immediate focus is now on navigating the differing perspectives on expansion.
The disagreements between China, on one hand, and India and Brazil on the other, could lead to a slower, more cautious approach to admitting new members, or even postpone any decision until a later date.