BRICS Expansion: Ten New Nations Join, Reshaping Global Economic Alliances
The BRICS group, a coalition of emerging economies, has finalized its expansion plans. Meeting in Kazan, Russia, the current members have selected ten new countries to join their ranks.
In addition, this decision marks a significant shift in the global economic landscape. Cuba and Bolivia have received invitations to join BRICS.
However, Venezuela and Nicaragua, both facing political turmoil, were notably absent from the list. This exclusion reflects recent tensions between these nations and Brazil’s government.
The full list of new invitees includes Indonesia, Malaysia, Uzbekistan, Kazakhstan, Thailand, Nigeria, Uganda, Turkey, and Belarus. This diverse group spans multiple continents, enhancing BRICS’ global reach and influence.
Brazilian diplomats successfully negotiated the inclusion of a key point in discussions. They secured a mention of reforming the UN Security Council, a long-standing goal of both Brazilian and Indian foreign policy.
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