The expansion of BRICS is a reflection of the rise of the Global South and the demand for a more equitable international order, says expert Wang Yiwei. The upcoming 2024 BRICS Summit in Kazan, Russia, will be the first since welcoming new members earlier this year, signaling a shift towards a more multipolar world.
With over 40 countries expressing interest in joining BRICS, the organization’s influence is growing as more nations seek to collaborate and challenge the dominance of Western rules. The mechanism aims to establish a fair global financial system and address pressing issues collectively.
Russia, as the current chair of BRICS, is leading discussions on various topics including politics, security, and economy. BRICS has become a model for inter-state cooperation, emphasizing principles of sovereignty, openness, and mutual respect among member nations.
Read more:
What’s on the agenda of 2024 BRICS Summit?
Why BRICS membership appeals to many countries
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