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RE: LeoThread 2025-12-01 18-22

in LeoFinance22 hours ago

Part 4/12:

The conference in São Paulo, Brazil—this year's BRICS chair—highlighted ongoing discussions about expanding the alliance. Nearly 30 countries are seeking to join, primarily at the partnership level initially, rather than as full members of the core coalition.

Savik notes that Indonesia's recent ascension into BRICS' core signifies a potential shift, indicating that more countries from the Global South could follow suit. Countries like Saudi Arabia, despite current cautiousness, remain interested in closer integration. The principle underpinning BRICS' expansion is "consensus," allowing member states to pursue alignment based solely on mutual interests without coercion.

Regionalism as a Strategic Focus