With the annual summit arriving in just three weeks, the BRICS economic alliance has discussed potential growth guidelines. Now, 50 new countries could be set to join the BRICS alliance at the August summit, according to recent statements from Ambassador Anil Sooklal.
Discussion of the bloc’s potential expansion has been underway for the upcoming event taking place in Johannesburg. Moreover, as a host of counters have already submitted membership inquiries, the list of possible inclusions has seemingly grown by the day.
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BRICS to Expand by 50 Countries?
For much of the past month, the geopolitical sector has observed what could come from the upcoming BRICS summit. Many have assumed currency discussions and expansionary discourse will dominate the event. Moreover, those conversations are coming off what has already been a year of growth for the bloc.
Now, according to the collective ambassador, Anil Sooklal, 50 new countries could be set to join the BRICS alliance at the August summit. Specifically, in remarks made Tuesday, Sooklal stated, “With the expansion of BRICS, it could increase to include more than 50 countries.”
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Although expansion has always been a matter of when and not if, 50 countries does seem extensive. However, Sooklal notes that it is a byproduct of the work that the bloc has done in recent months. Specifically in regard to its granting of a voice to the global south as a region.
“BRICS represents the world of the future, and the global south has risen and become increasingly influential,” Sooklal stated. Moreover, he discussed the economic reality of the bloc. Indeed, discussing its de-dollarization approach to global economics, and its pursuit of a multipolar world.
Sooklal stated, “There is a movement away from a ‘dollar-centric’ world to a world where you have greater choice.” Additionally, he noted, “Even in terms of the reserve holdings, there are four major BRICS countries in the top 10 of global country rankings.” Ultimately, remarking that “BRICS Must be seen as a catalyst to bring change to the world for the better.”