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BRICS: 34 countries have expressed desire to join, says Putin

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President Vladimir Putin of Russia
Putin

Russian President Vladimir Putin met with high-ranking representatives of BRICS countries on Thursday (Sep. 12).

Diaspora Digital Media understands that Russia took the rotating presidency of the group in 2024.

Putin who met with the representatives in the Konstantinovsky Palace in Saint Petersburg announced a possible new wave of BRICS expansion.

“We cannot ignore the increasing interest in BRICS from many countries. Today, more than thirty countries, specifically 34, have expressed a desire to join our union in one form or another. Therefore, an active discussion has been initiated among all BRICS participants regarding the modalities for a new category of partner states.”

The meeting is part of the 2-day BRICS security summit set to discuss the parameters of the future world order.

The intergovernmental organization comprises Brazil, Russia, India, China, South Africa, Iran, Egypt, Ethiopia, and the United Arab Emirates.

It has a stated aim to build a multipolar world.

Its founding members have called for a fairer world order and the reform of international institutions like the United Nations, the International Monetary Fund and the World Bank.

A New World Order in the Making?

Founded in 2009, the bloc aims to promote economic cooperation, challenge Western dominance, and create a more equitable world order.

*A Challenge to Western Hegemony:

BRICS represents a growing desire for multipolarity, with member states seeking to counterbalance the influence of the United States and Europe. By fostering economic cooperation and development, BRICS aims to reduce dependence on Western powers.

*Economic Powerhouse:

The combined GDP of member nations exceeds $20 trillion, making it a formidable economic force. The alliance has established the New Development Bank (NDB) to finance infrastructure projects and promote sustainable development.

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*Global Governance Reform:

BRICS advocates for reforms in international institutions like the UN, IMF, and World Bank, seeking greater representation and voice for emerging economies.

*Expansion and Growth:

With 34 countries eager to join, BRICS is poised for significant expansion. This growth could redefine global politics, trade, and governance, potentially creating a new world order.

*Expert Insights

“BRICS represents a seismic shift in global power dynamics, challenging Western dominance and promoting multipolarity.” – Dr. Maria Luiza Vianna, International Relations Expert

“BRICS has the potential to create a more equitable and just world order, prioritizing development and poverty reduction.” – Dr. Ravi Sundaram, Economist


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