The expansion of BRICS reflects a shift in global power dynamics, with an increasing number of countries seeking to align with the bloc for economic and political collaboration.
China's emphasis on innovation and technology within BRICS indicates a strategic move to position the bloc as a leader in these emerging sectors on the global stage.
Russia's active role in organizing events during its presidency highlights the importance of diplomatic engagement in strengthening the BRICS framework.
As BRICS continues to expand, it may attract more countries seeking alternatives to Western-led institutions, potentially reshaping global economic governance.
The focus on innovation and technology could lead to increased investments and partnerships among BRICS nations, fostering economic growth and development in the Global South.
BRICS's expanding representation and increasing influence make it a major platform for international cooperation, according to Chinese Foreign Ministry spokeswoman Mao Ning. She emphasized that the bloc's role in promoting unity among Global South countries has significantly increased. The recent agreement to grant partner status to countries such as Belarus, Bolivia, Indonesia, Kazakhstan, Malaysia, Thailand, Uganda, and Uzbekistan marks a 'new milestone' in BRICS cooperation.
Mao Ning reiterated China's commitment to strengthening ties with BRICS members and new partners, highlighting the importance of cooperation in traditional areas like economy and development, as well as emerging sectors such as innovation and technology.
During its presidency of BRICS, Russia organized 250 events aimed at fostering cooperation among member states and new partners. Kremlin adviser Yuri Ushakov noted that these events focused on both traditional and new areas of collaboration, with an emphasis on integrating new members into the BRICS framework.
The recent expansions of BRICS and enhanced cooperation among its members underscore the bloc's significance as a platform for promoting stability and global economic cooperation. This integration is seen as a crucial step towards achieving the bloc's objectives in economic and development collaboration among Southern countries.
