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BRICS Expansion

  • Economy

    What’s in store for BRICS under Russia’s chair after Argentina opts out?

    by Mahua Venkatesh November 26, 2023
    by Mahua Venkatesh November 26, 2023

    As Russia gears up to acquire the BRICS presidency for 2024, all eyes will be on the expansion of the bloc. To begin with, Argentina, which was officially to join …

  • Economy

    Will BRICS bank dislodge World Bank, IMF as it positions itself as lender for Global South?

    by Mahua Venkatesh August 29, 2023
    by Mahua Venkatesh August 29, 2023

    After the recently concluded BRICS summit in South Africa, the focus has now shifted to the New Development Bank (NDB). The young bank, set up in 2014, by the BRICS …

  • World

    Why Iran is feeling ‘victorious’ on its entry in the BRICS

    by Mohammed Anas August 25, 2023
    by Mohammed Anas August 25, 2023

    Iranian media was triumphant on Friday. “Victorious” was written in many Persian synonyms in various government-aligned newspapers. “Knock the Dollar” heralded Tehran Times, the English media organ of the ruling Ayatollahs. …

  • World

    Will an expanded BRICS overshadow the US in the Middle East?

    by Mohammed Anas August 25, 2023
    by Mohammed Anas August 25, 2023

    The BRICS (Brazil-Russia-India-China-South Africa) after expected expansion is curiously broadening its horizons where the clout of the US is waning – the Middle East. With the announcement of new entries, …

  • Economy

    Will BRICS expansion speed up de-dollarisation?

    by Mahua Venkatesh August 25, 2023
    by Mahua Venkatesh August 25, 2023

    The primary oil exporting countries such as Saudi Arabia and UAE, which have now been inducted in the BRICS bloc, may start switching to a non dollar payment mode for …

  • Economy

    Saudi Arabia, UAE, Iran’s inclusion in BRICS can chalk out a new global energy order

    by Mahua Venkatesh August 24, 2023
    by Mahua Venkatesh August 24, 2023

    In a major breakthrough, the BRICS (Brazil-Russia-India-China-South Africa) bloc is now officially ready to expand. Six new countries — Argentina, Saudi Arabia, UAE, Iran, Egypt, and Ethiopia have been invited …

  • World

    Iran, Saudi Arabia, Egypt, Ethiopia, Argentina and UAE are new members of BRICS

    by Ateet Sharma August 24, 2023
    by Ateet Sharma August 24, 2023

    Reaching consensus on the expansion guidelines of admission to grouping, the BRICS leaders on Thursday announced Argentina, Iran, Saudi Arabia, Egypt, Ethiopia and the United Arab Emirates as the new …

  • Opinion

    BRICS expansion raises many complex geopolitical, eligibility and procedural issues

    by Kanwal Sibal August 22, 2023
    by Kanwal Sibal August 22, 2023

    The issue of BRICS expansion is important in many ways. The seed of BRICS lies in the Russia-India-China (RIC) dialogue initiated by the Russians. Russia had lost its peer status …

  • World

    How BRICS hopes to set the agenda for change driven by the Global South

    by Atul Aneja August 22, 2023
    by Atul Aneja August 22, 2023

    Prime Minister Narendra Modi has departed for South Africa to participate in the BRICS summit, with a clear-eyed goal of reforming international institutions in a manner that would reflect the …

  • Economy

    Is BRICS set to change world energy order after top oil producers queue up to join grouping?

    by Mahua Venkatesh August 21, 2023
    by Mahua Venkatesh August 21, 2023

    Among the several countries that have expressed keenness to join the BRICS (Brazil-Russia-India-China-South Africa) bloc, the applications by Saudi Arabia, Iran, UAE, Egypt, Bahrain – the world’s top oil producers …

  • Opinion

    Expansion of BRICS — time for pause and reflection

    by Ashok Sajjanhar August 9, 2023
    by Ashok Sajjanhar August 9, 2023

    The 15th BRICS Summit is scheduled to take place in Johannesburg in South Africa from 22nd-24th August. This will be the first in-person Summit to be held after 4 years, …

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