The Wrong BRICS Expansion
The BRICS group's planned enlargement is a missed opportunity. The world does not need more countries to fall under Chinese and Russian influence, or to align against the United States; rather, it needs a genuinely independent third grouping that can provide emerging economies a counterweight against both camps.
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BOSTON – At first blush, it may seem like good news that the BRICS (Brazil, Russia, India, China, and South Africa) group will expand to include Saudi Arabia, Iran, the United Arab Emirates, Ethiopia, Egypt, and Argentina. An 11-strong BRICS+ could be more representative of the world’s emerging economies, providing a useful counterweight against American hegemony.