BRICS: Rift Between Old & New Members Grow
The BRICS alliance was a five-nation bloc since it formed in 2009 and remained the same for 15 years. However, things changed last year when the group invited six new countries to join the alliance. Invitations were sent to Saudi Arabia, Argentina, the UAE, Egypt, Iran, and Ethiopia during the 15th summit in August last year. While Argentina rejected the membership, Saudi Arabia has kept the decision on hold. The other four new countries have joined BRICS in 2024. Also Read: BRICS Ditches US Dollar, Settles $4 Billion Trade in Local Currencies BRICS is now a bloc of new and old members and each country is different from the other. This is where things seem to be going downhill as geopolitical views vary between old and new members. The main rift that’s widening between the old and new members of BRICS is India’s permanent seat in the United Nations Security Council (UNSC). BRICS: New & Old Members Lo...