ISS TODAY ANALYSIS: More member states may mean little more than a few extra BRICS in the wall

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Expanding BRICS to create an alternative power bloc is enticing for many countries, but faces several practical limitations.

Recent speculation that the BRICS group plans to expand its membership has set tongues wagging in the diplomatic world. Rumours that Argentina could be thecountry to join have triggered questions around the viability and power of an expanded collective, and what it means for global geopolitics.

Could an expanded BRICS really emerge as an alternate power bloc? There’s long been a clamour among its members for larger power centres that offer alternatives to Western-dominated constructs.to 26% of the world’s geographic area and about 42% of the world’s population. Moreover, the group is under-represented in the global financial system.

Esteban Actis, a Researcher at Argentina’s National University of Rosario, says Russia’s invasion of Ukraine could also Beijing, which holds the rotating presidency of BRICS this year, is therefore mounting a charm offensive. Recentsuggest China intends to argue for the inclusion of Argentina, Egypt, Indonesia, Kazakhstan, Saudi Arabia, United Arab Emirates, Nigeria, Senegal and Thailand. Insiders believe Beijing’s motive is to restructure and expand BRICS under its leadership and dilute Brazil and India’s role.

 

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