BRICS Transformation

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BRICS is evolving strategically, adding new members and addressing geopolitical challenges.

The BRICS bloc, initially comprising Brazil, Russia, India, China, and South Africa, has expanded its membership to include Saudi Arabia, the UAE, Iran, Egypt, Ethiopia, and Argentina. This expansion aligns with BRICS’ vision of forming a "Global Majority" that seeks to uphold a non-Western orientation in global politics. The summit in Kazan, Russia, emphasized the bloc's commitment to peace and security, voicing concerns over unilateral sanctions and advocating for a more inclusive approach in global governance, including reforming the United Nations. BRICS members focused on peace in the Middle East, particularly the Israeli-Palestinian conflict, calling for the end of violence and supporting a two-state solution. Economically, BRICS aims to promote self-reliance and support non-dollar transactions among members to mitigate dependence on Western financial systems. India’s approach within BRICS is pragmatic, balancing strategic interests with relations in groups like the G20, Quad, and other alliances. BRICS continues to foster cooperation in diverse fields, including trade, energy, technology, and people-to-people exchanges. The addition of new members reinforces its role as a platform for multipolarity, but the transition to a larger bloc may take time, as it adjusts to the differing interests and priorities of its members.