"G7 will encounter its strongest opponent", China supports the expansion of BRICS members to emerging countries seeking to expand their influence through the addition of new members | Iran | Countries
On July 30th, the website of the Spanish newspaper "Public" published an article titled "Emerging Countries Seeking to Expand Influence through the Joining of New Members" by Diego Elans. The article excerpt is as follows:
The BRICS Summit, which will be held in Johannesburg, South Africa, in late August this year, is considered to be of historic significance because it will consider including regional powers such as Saudi Arabia, Iran, Türkiye and Indonesia. This possibility makes the G7 feel uneasy.
The BRICS countries are a group of strong emerging market countries. With South Africa joining the BRICS countries in 2010, the elite club of G7, composed of the world's most industrialized powers, faced its strongest opponents on the complex international chessboard.
After the South African summit, it is expected that the expanded BRICS countries will ambitiously work together to address global challenges. These challenges include changing the hegemonic position of the US dollar and developing and implementing game rules in the energy, currency, technology, and economic sectors.
In short, regardless of whether the United States and its Western allies participate, trade relations in the trend of globalization will be rewritten, and this relationship will be completely different from the situation of the past half century.
▲ The headquarters building of the New Development Bank located in the Shanghai Pudong New Area World Expo Park
According to reports, 19 countries hope to join the BRICS, but how many will still be announced at the meeting. The most popular ones are Saudi Arabia and Iran. But these two countries are not the only ones. Regional powers such as Türkiye and Indonesia also appear in the list of competitors.
In addition, there are also countries such as Algeria, Egypt, Argentina, the United Arab Emirates, Bahrain, and Kenya. African West Coast countries have also joined the candidate list, with Nigeria being the most powerful competitor.
In early June, Anil Sukrar, the coordinator of BRICS affairs in South Africa, said that the number of candidate countries and the complete list are confidential, but he stated that "there will be new candidate countries.". The expansion of the BRICS countries has also received support from China and Russia, both of which hope to gain energy and geopolitical allies in the southern hemisphere.
China's gross domestic product is more than twice the total economic output of the other four BRICS member countries. China has always believed that the BRICS countries should enhance their influence in the United Nations and other institutions, and has dispelled concerns among some member states that expanding the membership of the BRICS countries would weaken their influence both inside and outside the group.
Beijing's goal is to take coordinated diplomatic action and win political victories in the United Nations, International Monetary Fund, World Bank, and World Trade Organization.
The G7 does not hide its concerns about the BRICS countries, especially the idea of establishing a common currency proposed by the BRICS countries.
