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The BRICS Group Announces New Members, Expanding Its Reach

The BRICS Group Announces New Members, Expanding Its Reach​

Argentina, Egypt, Ethiopia, Iran, the U.A.E. and Saudi Arabia have been invited to join the club of emerging nations, strengthening its role as a geopolitical alternative to Western-led forums.


President Luiz Inacio Lula da Silva of Brazil, President Xi Jinping of China, President Cyril Ramaphosa of South Africa, Prime Minister Narendra Modi of India and Sergei Lavrov, the foreign minister of Russia, walk after posing for a picture.

The BRICS club of emerging nations announced plans to add new members on Thursday.Credit...Pool photo by Alet Pretorius

President Luiz Inacio Lula da Silva of Brazil, President Xi Jinping of China, President Cyril Ramaphosa of South Africa, Prime Minister Narendra Modi of India and Sergei Lavrov, the foreign minister of Russia, walk after posing for a picture.

Lynsey Chutel
By Lynsey Chutel
Reporting from the BRICS summit in Johannesburg.
Aug. 24, 2023Updated 5:16 a.m. ET
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The five-nation BRICS club of emerging economies that came together to tilt the international order away from the West announced plans Thursday to expand its membership, feeding concerns about a growing global divide.
The group said that Argentina, Egypt, Ethiopia, Iran, the United Arab Emirates and Saudi Arabia had been invited to join, and that their membership would begin in January.
The BRICS group announced the expansion at a summit in South Africa that attracted a level of global interest rarely seen since its first meeting in 2009. Back then, the group’s name was BRIC, an acronym coined by economists at Goldman Sachs to describe a group of developing nations with rapidly growing economies and populations: Brazil, China, India and Russia. South Africa would join a year later, adding an “S” to the acronym.
It is now a formalized group that seeks to challenge the dominance of Western-led forums like the Group of Seven and the World Bank. But leaders of the member states have repeatedly said they do not want direct competition with these groupings, but rather to bring diversity amid increasing polarization.

“This membership expansion is historic,” China’s leader, Xi Jinping, said at a briefing with the other leaders. “It shows the determination of BRICS countries for unity and cooperation for the broader developing world.”

Image
Mr. Xi, in a suit, sits in front of a row of other officials in suits. President Ramaphosa is shown on screens in the foreground.

China’s leader, Xi Jinping, called the membership expansion “historic.”Credit...Pool photo by Gianluigi Guercia

Mr. Xi, in a suit, sits in front of a row of other officials in suits. President Ramaphosa is shown on screens in the foreground.

That polarization has been deepened by Russia’s invasion of Ukraine and strained relations on economic and security issues between the United States and China. Smaller countries caught between the world’s wealthier nations have faced pressure to pick sides or, in some cases, occupy a middle ground in an effort to get the best deal from the competing nations.

“The entire global south is feeling the constraints, the limits of the current system and looking for other options,” said Cobus van Staden, a researcher with the China Global South Project.
American officials have sought to play down the impact of the group’s expansion plans. On Tuesday, Jake Sullivan, the White House national security adviser, told reporters that the Biden administration is “not looking at the BRICS as evolving into some kind of geopolitical rival to the United States or anyone else.”

He said that the United States had “strong positive” relations with Brazil, India and South Africa, adding that “we will continue to manage our relationship with China; and we will continue to push back on Russia’s aggression.”
Despite a public show of unity at the tightly controlled conference, the BRICS members brought divergent views on expansion. China had pushed for a rapid expansion, seeing in the grouping a platform to challenge American power. Several leaders warned against a return to a divisive global order reminiscent of the Cold War, and were careful not to alienate partners in Europe and North America.
Mr. Xi, in a speech read by a subordinate at the summit earlier this week, had said: “International rules must be written and upheld jointly by all countries, rather than dictated by those with the strongest muscles.”
Brazil’s president, Luiz Inácio Lula da Silva, said he favored expanding the BRICS’ access to capital. South Africa, the smallest economy, lobbied for greater African representation.

An oil tank farm, on a large swathe of sand in the middle of calm blue waters.


An oil tank farm in Ras Tanura, Saudi Arabia. Saudi Arabia is the BRICS club’s biggest trading partner in the Middle East.Credit...Christophe Viseux for The New York Times

An oil tank farm, on a large swathe of sand in the middle of calm blue waters.

Some of the countries that were invited to join have considerable practice walking a fine diplomatic line with the West. Saudi Arabia, the BRICS club’s biggest trading partner in the Middle East, has cultivated ties with China and has demonstrated independence from American interests despite its longstanding security relationship with the United States.

Egypt, politically and geographically straddling Africa and the Middle East, has built strong relationships with Russia and China, while maintaining its ties to the United States.

For Argentina, facing yet another economic crisis and diminishing foreign reserves, membership in the BRICS could be a financial lifeline. During the summit, Mr. Lula has championed the creation of an alternative trading unit that would ease emerging nations’ dependence on the strong U.S. dollar. Argentina has already begun repaying some of its loans in the Chinese currency, analysts said, though it is unclear how much relief it will gain.
Iran applied to join BRICS in June as part of its efforts to strengthen economic and political ties with non-Western powers and to demonstrate that the West’s efforts to isolate the country have failed. The country, which holds the world’s second-largest gas reserves and a quarter of the oil reserves in the Middle East, has stayed afloat by selling discounted oil to China, among other maneuvers.
The United Arab Emirates, which was also invited as a formal member, had already joined the BRICS’ New Development Bank in June.
David Pierson contributed reporting from Hong Kong, Edward Wong from Washington, and Isabella Kwai from London.
Lynsey Chutel covers Southern Africa from the Johannesburg bureau and also writes about Africa for The Times's international morning newsletters. She previously worked for Foreign Policy, Quartz and the Associated Press. More about Lynsey Chutel
 
Why Indonesian is not in this time ? Their president is at the summit meeting, is it Indonesia not ready to join now ?
 
I am disappointed that Indonesia is not included. Indonesia is one of the more geopolitical strategic countries. Countries like Argentina is more of a liability than an asset.
Why Indonesian is not in this time ? Their president is at the summit meeting, is it Indonesia not ready to join now ?

Possibly in wait and see situation, regardless of that our President has come for the meeting. From the comment of Jokowi before he went to Africa, indeed he doesnt say Indonesia will join and he also doesnt say Indonesia will not join.

That is our country position and seems inline with what I have predicted months ago in here.
 
Possibly in wait and see situation, regardless of that our President has come for the meeting. From the comment of Jokowi before he went to Africa, indeed he doesnt say Indonesia will join and he also doesnt say Indonesia will not join.

That is our country position and seems inline with what I have predicted months ago in here.
Can we claim that Indonesia is the boss of ASEAN?
 
Can we claim that Indonesia is the boss of ASEAN?
We have big stake in ASEAN, and ASEAN secretary/HQ is also located in Jakarta.

There is no boss in ASEAN, what I can say is that we have big influence there.
 
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We have big stake in ASEAN, and ASEAN secretary/HQ is also located in Jakarta.

There is no boss in ASEAN, what I can is that we have big influence there.
Your membership in BRICS, i guess, will be most welcome.
 
Possibly in wait and see situation, regardless of that our President has come for the meeting. From the comment of Jokowi before he went to Africa, indeed he doesnt say Indonesia will join and he also doesnt say Indonesia will not join.

That is our country position and seems inline with what I have predicted months ago in here.

It seems Indonesia was given the invitation to join but Indonesia has asked to postpone decision.
 
Your membership in BRICS, i guess, will be most welcome.
I dont know what happen, foreign ministry look like keen to join BRICS, but the decision is in Jokowi hand. I guess Jokowi as Javanese person, seems very careful in deciding whether to join or not join BRICS. But I think we will join the Bank and support common currency that is planned to be made. Indonesia is always supportive to BRICS and last year virtually Jokowi also came to BRICS summits.

It seems Indonesia was given the invitation to join but Indonesia has asked to postpone decision.

Possibly. Some commentator inside the country show opposing view while foreign ministry is supportive. So I think it is last minute decision taken by Jokowi.
 
The destination of the Silk Road became Africa.
 
Currency discussions

BRICS-friends-foreign-ministers-South-Africa.jpg


Unfortunately SA economy is in the doldrums

BRICS-col-2000px.jpg



9ea7f6e4-2a37-11ee-bcf8-00163e02c055.jpeg
 
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@nahtanbob your nightmare has come true.....:p:




There are lot of talking clubs - BRICS is one of them

Look at the new members
Argentina - hopeless country in debt, always like to challenge Brazil
Egypt - country dependent on US and Saudi money
Ethiopia -- they have a serious water dispute with Egypt
Iran, the United Arab Emirates and Saudi Arabia -- oil rich countries, Iran and Saudi Arabia are rivals

This is hardily a recipe for success

of course expect CCP bots to fart around wtih threads like these
 
Look at the new members
Argentina - hopeless country in debt, always like to challenge Brazil
Egypt - country dependent on US and Saudi money
Ethiopia -- they have a serious water dispute with Egypt
Iran, the United Arab Emirates and Saudi Arabia -- oil rich countries, Iran and Saudi Arabia are rivals
Maybe most problems will be automatically solved if US political influence and dollar domination are weakened in these countries
 
BRICS is like a fine dish, like Macaroni cheese. It has Pasta Cheese Milk nutmeg salt and black pepper. If you add sugar, fish and aubergine it then is no longer Macaroni cheese but a disgusting mishmash of inedible ingredients that make you puke.
That appears to be the destiny of this "new" BRICS.
 

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