Pakistan's formal application to join the BRICS group in 2024, supported by Russia and China, reflects Islamabad's strategic move amid the bloc's expansion. Counting on Russia's assistance, Pakistan aims for entry during the presidency under Russia's helm, as reported by Russia's TASS agency. This bid aligns with China's endorsement and seeks to overcome past hurdles, including allegations against India for impeding Pakistan's Brics participation.
Russia's Key Role and Inclusivity Agenda
Muhammad Khalid Jamali, Pakistan's newly appointed ambassador to Russia, confirmed the country's BRICS membership bid, intending to leverage Russia's support. The Russian Deputy Foreign Minister highlighted Brics' plan to broaden its partnership ahead of the Kazan summit in 2024. Russia's chairmanship emphasizes expanding the "circle of Brics friends," signalling an inclusive approach.
Founding Objectives and Evolution of BRICS
Established in 2009 by Russia, Brics challenged the US-dominated world order. Initially comprising Brazil, Russia, India, and China (later joined by South Africa), the bloc operates informally, focusing on economic cooperation, trade, and development. Its rotational chairmanship structure ensures shared leadership among members.
India's Strategic Position and Geopolitical Dynamics
India holds a crucial role within Brics dynamics, historically tied to accusations by Pakistan regarding hindrances in its Brics involvement. Despite this, India has collaborated with Pakistan in the SCO, dominated by China and Russia. Pakistan's bid with Russian and Chinese backing places India's response as a key factor shaping Brics' future landscape.
Global Implications and Attraction for New Entrants
Brics, representing a quarter of the global economy and over 40% of the world's population, operates through consensus, presenting itself as an alternative to Western-dominated global bodies. The bloc attracts numerous nations, including Iran, Saudi Arabia, and Indonesia, aspiring to access development finance, increased trade, and geopolitical influence through Brics membership.
Beyond Economic Cooperation: Brics' Vision
Beyond its economic focus, BRICS symbolizes a challenge to established power structures, fostering a new era of global collaboration. Aspiring for inclusive growth, BRICS serves as a formidable entity redefining global influence, offering an alternative platform to traditional Western-dominated institutions.
The evolution of BRICS signifies a shift towards a more equitable global order, promoting cooperation among nations and fostering a diverse and influential consortium on the global stage.