BRICS Nations Prepare to Offer Saudi Arabia and Egypt an Invitation to Enhance Their Worldwide Influence

In a significant move, BRICS nations are gearing up to extend invitations to Saudi Arabia and Egypt, aiming to boost their global influence. While both Saudi Arabia and Egypt have not officially expressed their intentions to become part of BRICS, despite Riyadh sending a team to the summit.

Leading emerging market countries are gearing up to extend invitations to Saudi Arabia, the world’s largest oil exporter, and many other countries, to broaden their worldwide influence.

At the ongoing summit in Johannesburg, leaders from Brazil, Russia, India, China, and South Africa have reached an agreement to expand the BRICS group. This marks the first expansion since 2010.

Although the current expansion plan encompasses Egypt, deliberations are in progress about the potential inclusion of other Middle Eastern nations. Insiders with knowledge of the discussions, opting for anonymity due to the sensitive nature of the matter, revealed that the list of prospective new members remains under scrutiny as of late Wednesday.

The motivation behind this effort stems largely from China, with support from Russia and South Africa. India has expressed concerns that a larger BRICS might predominantly reflect China’s interests, while Brazil has apprehensions about potentially straining relations with Western nations. Nonetheless, the predominant goal of this expansion is to counter the dominance of the Group of Seven (G7) in global affairs.

Despite Saudi Arabia’s participation in the summit, official confirmation of their intent to join BRICS is yet to be received. Similarly, Egypt’s stance on the matter remains officially undisclosed.

Notably, more than 20 countries from the Global South have formally expressed their interest in participating in the expansion, underscoring the growing appeal of the BRICS consortium.

The potential inclusion of Saudi Arabia and Indonesia would result in an extended BRICS group accounting for 44% of the world’s GDP by 2040. This projection would notably surpass the estimated 21% contribution of the Group of Seven (G7), further solidifying BRICS’ emerging significance on the global stage.

-Yusra Chand

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Yusra ChandContent Writer

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