Expansion of BRICS group of developing economies will be a key topic at the upcoming BRICS summit in Johannesburg. The expansion prospects and nuances among members will be discussed. China’s push for rapid enlargement is facing opposition from India and Brazil. The summit will determine expansion-related issues and review official applications from potential members. The growing interest in BRICS reflects its potential and growing authority. The alliance becoming a counterweight to the US and EU is a concern in the West.
With a growing number of nations either applying formally or showing interest in joining the BRICS group of developing economies, Russian President Vladimir Putin’s Press Secretary, Dmitry Peskov, highlighted expansion as a key topic for the talks at the bloc’s top level meeting in Johannesburg later this month.
- Expansion of BRICS is a key topic for the upcoming summit
- Nuances exist among members regarding expansion prospects
- China’s push for rapid enlargement faces opposition from India and Brazil
- Expansion-related issues will be discussed and determined at the summit
- The summit will review official applications from potential members
The large number of potential members has fueled concerns in the West about the alliance becoming a counterweight to the U.S. and the EU.
By
By
By
By
By