A total of 44 countries have expressed interest and are willing to join the BRICS alliance. Out of the 44 nations, 22 countries have formally submitted their applications to be a part of the bloc. The decision to induct new countries will be jointly taken by the group in the upcoming summit in August. Reports are rife that BRICS is eager to expand and could become BRICS+ by the year-end.
The move could bolster the bloc by giving it ammunition to challenge the U.S. dollar’s supremacy. In this article, we will highlight which countries are eager and willing to join the BRICS alliance. BRICS is an acronym for Brazil, Russia, India, China, and South Africa.
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Countries That Have Expressed Interest To Join the BRICS Alliance
The countries that have expressed interest to join the BRICS alliance are the United Arab Emirates, Saudi Arabia, Argentina, Iran, Egypt, Bahrain, Indonesia, Kazakhstan, Cuba, Democratic Republic of Congo, Comoros, Gabon, Egypt, Bangladesh, Belarus, and Guinea-Bissau, among others.
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Speculations are rife that Saudi Arabia, the UAE, and Argentina could be inducted first into the BRICS bloc this year. The alliance will discuss the expansion efforts of other countries and scrutinize their economy later this year.
The expansion signals that there’s growing discontent with the U.S. dollar as the White House controls the global financial order. Developing countries want to break Western dominance and pave the way for a new world order. The sole aim is to make the East superior and end Western dominance for good.
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However, whether BRICS will succeed in its quest or fail depends on how well the bloc handles the upcoming decisions. BRICS is an acronym for Brazil, Russia, India, China, and South Africa. The next BRICS summit will be held in South Africa, Johannesburg on August 22 to 24.
