Developing Countries & the BRICS Expansion 2024

BRICS Expansion 2024

BRICS Expands in 2024: New Members Contribute to Association’s Work

The BRICS association is undergoing a significant expansion in 2024, with five new member countries joining the group. According to Russian Foreign Minister Sergey Lavrov, these new members are already making valuable contributions to the association’s work across all key areas.


New Members Integrate into BRICS Mechanisms

Russia prioritizes seamlessly integrating new BRICS members this year. Lavrov highlighted this as a top priority for Russia’s presidency. Moreover, new members like Egypt, Ethiopia, Iran, Saudi Arabia, and UAE actively participate. They engage in crucial areas of the group’s work.

The integration process involves new members’ engagement in BRICS forums. For instance, the Business Council, Women’s Business Alliance, and Science Forum. These forums allow new members to share expertise and best practices. Additionally, they facilitate experience exchange among member countries.


Strengthening the Global Majority

The Russian Foreign Minister also highlighted the importance of involving a diverse range of developing countries in BRICS. By doing so, BRICS cooperation will be founded on principles of equal dialogue, mutual respect, and consideration for each country’s unique development path. This approach will enable the association to better address the common challenges facing developing countries.

Moreover, the expansion of BRICS will strengthen the efforts of the global majority in addressing global challenges such as poverty, inequality, and climate change. The new members bring a wealth of experience and expertise in these areas, which will enhance the association’s ability to develop innovative solutions to these challenges.


Growing Interest in BRICS

Lavrov reiterated that the growing interest in BRICS from countries in the global South is both logical and natural. Since its inception in 2006, BRICS has expanded twice, with South Africa joining in 2011, and the latest expansion in 2024. The association’s growth is a testament to its commitment to promoting economic cooperation and development among its member states.

The growing interest in BRICS can be attributed to its commitment to the principles of sovereignty, non-interference, and mutual respect. The association’s focus on promoting economic cooperation, social justice, and people-to-people exchanges has resonated with many countries in the global South.


BRICS’ Expanding Influence

The 2024 BRICS expansion marks a significant association milestone. With new members actively contributing, BRICS promotes cooperation among developing countries.Consequently, the association’s influence grows in shaping the global agenda. It advocates for a more just and equitable world order.

In summary, the 2024 expansion significantly impacts global governance. New members bring valuable experience enhancing BRICS’ ability to address challenges.As BRICS evolves, it increasingly promotes cooperation and development. Among member states, its role in tackling common issues grows.

This website stores cookies on your computer. Privacy Policy