
BRICS+ Expansion: Evaluating the Strength of the New Multipolar World Order
πWhat You Will Learn
πSummary
βΉοΈQuick Facts
π‘Key Takeaways
BRICS started as BRIC (Brazil, Russia, India, China) in 2006, adding South Africa in 2011. The big leap came in 2023-2025: invitations to Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, UAE.
By Jan 2024, Egypt, Ethiopia, Iran, UAE joined, hitting 9 members; Indonesia made it 10 on Jan 6, 2025; Saudi Arabia followed.
In Oct 2024 Kazan Summit, 13 partners invited: Algeria, Belarus, Bolivia, Cuba, Indonesia (pre-full), Kazakhstan, Malaysia, Nigeria, Thailand, Turkey, Uganda, Uzbekistan, Vietnam. Vietnam became the 10th partner recently.
This tier allows engagement without full membership.
BRICS+ packs ~half world's population, with India most populous. It holds ~40% global GDP, outpacing G7 in some metrics; India now 4th largest economy.
Energy giants (Saudi, Russia, Iran, UAE) and mineral powerhouses dominate. Intra-BRICS trade booms: Chinese EV investments in Brazil signal real economic ties.
This scale challenges unipolar dominance.
BRICS+ promotes mutual respect, South-South cooperation for inclusive governance. Brazil's 2025 summit themed 'strengthening Global South'.
It counters Western institutions via New Development Bank, local currencies.
India leads 2026, balancing BRICS with QUAD ties to US, Japan, Australia. Amid disruptions, BRICS gains heft despite diverse systems.
Consensus rule strains with 11 members +10 partners; mechanisms needed. Political divergences (e.g., Iran sanctions) test unity.
Yet, expansion adds weight. By end-2025, BRICS+ is larger, influential, complex. India's 2026 presidency key to turning ambitions into sustained growth.
Will it solidify multipolarity?