More Countries Want To Join BRICS

 

BRICS might be getting more members. A total of 30 countries are attempting to be part of the economic alliance. The development represents that the Global South is becoming more united in relation to economic matters. The details of which countries will get membership have not been disclosed. Much of the information related to possible members was from South African BRICS ambassador Anil Sookal. The countries that want to be part of the alliance include Algeria, Argentina, Bahrain, Belarus, Bangladesh, Indonesia, Egypt, Iran, Kazakhstan, Mexico, Nicaragua, Nigeria, Pakistan, Saudi Arabia, Senegal, Sudan, Syria, the UAE, Thailand, Tunisia, Turkey, Uruguay, Venezuela, and Zimbabwe. The controversial additions would the Gulf monarchies and Afghanistan. Saudi Arabia and the United Arab Emirates tend to be in alignment with Europe and North America. Afghanistan remains under the control of the Taliban regime and tends to isolate itself from the wider world. Pakistan has serious tensions with India and Sudan has fallen into civil war. Countries that are unstable, have disputes with other members, or are too close to the West might bring complications to the economic alliance. The challenges could be negated by one currency among members and a series of diplomatic agreements. Many nations want to move away from the US dollar and challenge the US-EU led global economy. The addition of new members also the world is heading to a multipolar power system. At some point the world will not be influenced by a sole superpower. Developing countries could most likely benefit more from BRICS. The IMF and World Bank have failed to produced programs that create economic stability or industrialization. Leaders of BRICS will meet in Johannesburg , South Africa to discuss bring more countries into the alliance, trade, currency, and concerns related to the global economy.