Historic Growth For BRICS : Nine New Partners Join The Bloc
The BRICS are entering a new economic era with a historic expansion scheduled for January 2025. This group, which brings together some of the largest emerging economies, is set to welcome nine new partners, marking a decisive step in its quest for strengthening its position on the international stage. Such a move occurs at a time when geopolitical rivalries are intensifying and traditional alliances are being questioned. Through the extension of their geographical and strategic reach, the BRICS aim to consolidate their influence, but also to offer a credible alternative to economic models dominated by the West. This shift reflects a reorganization of global economic powers, in response to growing demands for a more balanced and multipolar system.
A historic expansion for a strategic group
The BRICS summit, which took place in Kazan from October 22 to 24, 2024, marked a key milestone in the history of this alliance. Indeed, the Kremlin officially announced the addition of nine new countries to partner status starting in January 2025. According to Yury Ushakov, advisor to the Russian presidency, this decision represents “a pivotal moment for the expansion of the organization.” The countries involved include Belarus, Bolivia, Indonesia, Kazakhstan, Cuba, Malaysia, Thailand, Uganda, and Uzbekistan, illustrating the geographical and economic diversity of the new partners.
This process of expansion reflects the growing appeal of the BRICS to nations in search of economic alliances. The invitations sent to a total of 13 states express a strategic desire to extend the bloc’s influence beyond its current members. Yury Ushakov also specified that this new status will provide partners with privileged access to the group’s main summits, as well as to ministerial meetings. As part of the Russian presidency, a particular effort is being made to integrate these new members into the existing decision-making mechanisms. Finally, discussions are underway with four other nations, which reinforces expectations of new announcements in the near future.
Towards a redefined global influence
Beyond the nine currently confirmed members, other nations, such as Eritrea, are showing growing interest in joining the BRICS bloc. This enthusiasm illustrates the desire of many countries to diversify their economic alliances and find alternatives to frameworks dominated by Western powers. By opening up to partners from Asia, Africa, and Latin America, the BRICS strengthen their foothold in strategic regions of the global South. This strategy reflects a clear ambition: to redefine the rules of the geopolitical game and rebalance global power relations.
The integration of these new partners brings opportunities and challenges. By expanding to economies with varied profiles, the bloc could enhance its influence over key sectors such as energy, infrastructure, and trade. This diversification could also facilitate the development of regional synergies, strengthening the collective voice of the BRICS in international institutions. However, as Yury Ushakov pointed out, this expansion process is not without constraints. Coordination between current members and new entrants represents a significant organizational challenge. To ensure smooth integration, the group will need to adapt its operational mechanisms and maintain its effectiveness in decision-making. These adjustments will be crucial to transforming this ambitious expansion into lasting success.
Such an expansion confirms the role of the BRICS as a strategic alternative to institutions dominated by major Western powers. Largely driven by Russia, this initiative reflects a clear desire to rebalance the global economic order. Nonetheless, the success of this reconfiguration will depend on the bloc’s ability to effectively integrate its new members and maintain a coherent internal dynamic. The coming months will be critical in assessing the impact of these memberships on global governance and the BRICS’ ability to embody a unified force in a rapidly changing multipolar system.
Maximize your Cointribune experience with our "Read to Earn" program! For every article you read, earn points and access exclusive rewards. Sign up now and start earning benefits.
Diplômé de Sciences Po Toulouse et titulaire d'une certification consultant blockchain délivrée par Alyra, j'ai rejoint l'aventure Cointribune en 2019. Convaincu du potentiel de la blockchain pour transformer de nombreux secteurs de l'économie, j'ai pris l'engagement de sensibiliser et d'informer le grand public sur cet écosystème en constante évolution. Mon objectif est de permettre à chacun de mieux comprendre la blockchain et de saisir les opportunités qu'elle offre. Je m'efforce chaque jour de fournir une analyse objective de l'actualité, de décrypter les tendances du marché, de relayer les dernières innovations technologiques et de mettre en perspective les enjeux économiques et sociétaux de cette révolution en marche.
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.