Six countries to join BRICS group; China labels expansion ‘historic’

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Six countries to join BRICS group; China labels expansion ‘historic’
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Six countries — Argentina, Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates — will join the the group in January as Russia and China try to counter the west.

The BRICS grouping of Brazil, Russia, India, China and South Africa will add six more nations to its ranks next year, as Beijing and Moscow push for the loose collection of emerging economies to evolve into a robust counterweight to Western global dominance.Argentina, Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates will join as members in January, said host president, Cyril Ramaphosa, on Thursday, the last day of the three-day summit in Johannesburg.

Not all members are fully aligned with China and Russia’s geopolitical stance, and some potential parts of the long term strategy — such as reducing reliance on the dollar in trading — remain experimental.But, Small said, the intent is clear. “It’s part of the long-term bet China has made.

Although India and Brazil have reservations about the growing anti-U. S. agenda, China and Russia have found some developing nations more receptive to their concerns about American dominance, which is part of the motivation for a more members, analysts said.

Some Chinese scholars believe Beijing currently has greater space for maneuver in part because of Russia’s invasion of Ukraine has distracted the United States from engagement with developing nations.

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