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Turkey's Economic Strategy: Pursuing BRICS Membership Amidst Global Shifts

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Turkey is seeking BRICS membership to expand its global influence and economic opportunities, reflecting a strategic shift in foreign policy under President Erdogan.


Turkey's Shift Towards BRICS Membership

In a significant geopolitical shift, Turkey is actively pursuing membership in the BRICS group, which includes Brazil, Russia, India, China, and South Africa. This move reflects President Recep Tayyip Erdogan's efforts to redefine Turkey's international role and expand its influence beyond traditional Western alliances. Turkey's application to join BRICS is seen as a strategic response to frustrations with the European Union and a desire to strengthen economic ties with emerging economies, particularly China and Russia.

Historical Context and Foreign Policy Changes

Turkey has been a key member of NATO since 1952, acting as a major ally against Soviet threats during the Cold War. However, under Erdogan's leadership since 2003, the country has adopted a multi-dimensional foreign policy, fostering relationships with nations traditionally viewed as adversaries by the West. This includes enhancing cooperation with Russia and China, as evidenced by Turkey's purchase of the Russian S-400 air defense system and ongoing discussions for nuclear power partnerships. These efforts are aimed at diversifying Turkey's economic dependencies and improving its global standing.

Economic Dependencies and Strategic Partnerships

Turkey's economy is significantly intertwined with Russia and China, relying heavily on Russian natural gas and welcoming millions of Russian tourists annually. The construction of a $24 billion nuclear power plant by Russia's Rosatom further underscores this economic collaboration. Simultaneously, Turkey is seeking to attract Chinese investments in key sectors, including electric vehicles and rare earth processing. Despite these developments, Turkey must navigate the delicate balance of maintaining its military and economic partnerships with Western allies while pursuing closer ties with BRICS nations.

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Refs: | Aljazeera |

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