China and India are the world’s most populated nations.
Along with Brazil, Russia, and South Africa, the five emerging economies make up the BRICS group. It accounts for 40 percent of the world’s population and around 25 percent of the global G-D-P. Now, the group is inviting new members – with Iran and Argentina formally applying for membership. Several other nations including Egypt, Saudi Arabia and Türkiye are also seeking to join. How would an expanded BRICS impact the current world order? And are we seeing the beginning of a global coalition of developing nations?
Joining the discussion:
- Sanusha Naidu is a Foreign Policy Analyst.
- Hamed Mousavi is an Assistant Professor of Law and Political Science at the University of Tehran.
- Taha Meli Arvas is an Adjunct Professor of Finance at Bogazici University.
- John Gong is a Professor of economics at the University of International Business and Economics in Beijing.
NEW: Saudi Arabia, Turkey, Egypt may join BRICS soonhttps://t.co/0KCR2sLKWu
— Insider Paper (@TheInsiderPaper) July 15, 2022
Amid the China-U.S. competition, both sides want to expand their network of friends and partners. Enter the BRICS expansion plan.https://t.co/n7lRm6cXSg pic.twitter.com/FKwRcRMwA9
— The Diplomat (@Diplomat_APAC) July 16, 2022