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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
 
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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.

There is no hope for BRICS unless China kicks India out of it.
 
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Blocs only work if they share similar values and geopolitical intentions. The g7 works as the 7 nations have similar goals. Brics share outlook on trade financing through their own currencies, limiting sanctions powers of the US and little else
 
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Blocs only work if they share similar values and geopolitical intentions. The g7 works as the 7 nations have similar goals. Brics share outlook on trade financing through their own currencies, limiting sanctions powers of the US and little else

The most attractive aspect of the BRICS organization at present is that it provides more reasonable assistance than the IMF when the dollar of a member country is exhausted.
 
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The most attractive aspect of the BRICS organization at present is that it provides more reasonable assistance than the IMF when the dollar of a member country is exhausted.

This is not possible unless and until Yuan becomes the reserve currency of BRICS.

For this to happen China need to kick India out of BRICS.

India is a slave of the West.
 
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This is not possible unless and until Yuan becomes the reserve currency of BRICS.

For this to happen China need to kick India out of BRICS.

India is a slave of the West.

The BRICS is not the only multilateral organization for developing countries. And the Belt and Road Initiative is led by China.

Of course, we cannot expect a single organization to solve all problems.
 
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This is not possible unless and until Yuan becomes the reserve currency of BRICS.

For this to happen China need to kick India out of BRICS.

India is a slave of the West.


Completely laughable. China is the only "BRIC" of any importance and their economy is seriously struggling. The rest of those countries are 2nd and 3rd tier economies that desperately want to feel like they matter but they don't.
 
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A group of lazy and useless countries joined together to form an economic cooperation.

Do you think it will work?

If they are diligent and smart, they already achieved their goal and prosperity a long time ago.

But these???

Nope, in the end, what is left is just regret and grudge against each other.

Completely laughable. China is the only "BRIC" of any importance and their economy is seriously struggling. The rest of those countries are 2nd and 3rd tier economies that desperately want to feel like they matter but they don't.

But they don't.

Yup, I 100% agree!
 
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The BRICS is not the only multilateral organization for developing countries. And the Belt and Road Initiative is led by China.

Of course, we cannot expect a single organization to solve all problems.

BRI is great but why entertain India in BRICS and SCO?

It does not make any sense.

India is a slave of the West.

SCO and BRICS can never succeed to their full potential as long as you have India as a member of these organizations.
 
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A group of lazy and useless countries joined together to form an economic cooperation.

Do you think it will work?

If they are diligent and smart, they already achieved their goal and prosperity a long time ago.

But these???

Nope, in the end, what is left is just regret and grudge against each other.



But they don't.

Yup, I 100% agree!


Exactly! Great answer. And that will be their undoing.

The BRICS is not the only multilateral organization for developing countries. And the Belt and Road Initiative is led by China.

Of course, we cannot expect a single organization to solve all problems.

Sorry, but a group of countries with completely different interests isn't in a position to help anyone.
 
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The BRICS is not the only multilateral organization for developing countries. And the Belt and Road Initiative is led by China.

Of course, we cannot expect a single organization to solve all problems.

Unless if these countries are willingly to run like China, they will success.

If not, they just want the China's money to be wasted and then blame China for giving them the money.
 
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A group of lazy and useless countries joined together to form an economic cooperation.

Do you think it will work?

If they are diligent and smart, they already achieved their goal and prosperity a long time ago.

But these???

Nope, in the end, what is left is just regret and grudge against each other.
1, They have large population. The consumption power is big regardless how poor they are.
2, They have large land. Which produces huge amount of natural resources and agricultural products.
3, Based on above facts, The trade between Brics members(after more countries join in) will account at lest 30% word trade. If 30% world trade dumps US dollar, it means remarkably weakening US power.
 
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Exactly! Great answer. And that will be their undoing.



Sorry, but a group of countries with completely different interests isn't in a position to help anyone.

These countries already have the freedom to improve themselves since decades ago.

The result is already well-known.

What is the difference this time?

None.
 
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1, They have large population. The consumption power is big regardless how poor they are.
2, They have large land. Which produces huge amount of natural resources and agricultural products.
3, Based on above facts, The trade between Brics members(after more countries join in) will account at lest 30% word trade. If 30% world trade dumps US dollar, it means remarkably weakening US power.

Yes...

But what these people want is to be wealthy, advanced, and developed.

Now, just use logic, how for them to achieve their dream?

If they are just believing to be great, but don't want to work hard to achieve it, then it's useless.

Trade?

More likely they will be slaughtered by China.

In the past we already had a Non-Bloc Organization... the result today?

None.

So, what is the difference this time?

Just prepare to be disappointed.


Sorry guys, for telling the harsh truth. There's nothing great about these people. They are living in fantasy. They are dreaming and their ego won't accept reality. They are childish.

If these people want to achieve great success, they should be disciplined hard.

If I'm the leader of the BRICS, I won't accept a country who doesn't want to be disciplined and work hard. And I definitely don't want to accept childish behavior.

Being soft like a school teacher in USA? Well, you already see the result of how these USA children grow up and are spoiled.
 
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