Part 2/7:
The BRICS alliance, established in 2009, has grown significantly in recent years. What began as a coalition of Brazil, Russia, India, China, and South Africa has now expanded to include Egypt, Ethiopia, Indonesia, Iran, and the United Arab Emirates. This growth positions BRICS as a formidable economic bloc, now representing nearly 42% of the world’s GDP and approximately 55% of its population.
Far from being dead, BRICS is actually witnessing an unprecedented surge in influence and membership. Countries within the alliance are increasingly motivated to pursue financial independence, especially as they seek alternatives to the US-dominated global financial system. The narrative that BRICS is waning is contradicted by the realities of its expanding membership and cohesive goals.