Where expansion could hit a BRICS wall

Source: Responsible Statecraft
by Burak Elmali

“Turkey’s formal application last week for membership in BRICS marks a major step forward for a bloc that expanded its membership at the outset of the year to embrace Iran, Egypt, Ethiopia, and the United Arab Emirates. The 15-year-old coalition, whose initial members consisted of Brazil, Russia, India, and China, added South Africa in 2010 and has offered full membership to Saudi Arabia as well. Once seen as a ‘paper tiger,’ BRICS is increasingly viewed as a major force, attracting middle powers that are eager to boost their economies through expertise in the kinds of advanced sectors, such as high technology, renewable energy, and information technology at which China, a global leader in cutting-edge industries, has excelled. While the primary goal of BRICS is to prioritize shared economic benefits, it is important to also recognize its inherent limitations.” (09/20/24)

https://responsiblestatecraft.org/brics-expansion/