Concrete alliance: The Hindu Editorial on the BRICS grouping and its expansion
1 year, 3 months ago

Concrete alliance: The Hindu Editorial on the BRICS grouping and its expansion

The Hindu  

If there was any doubt about the relevance of the BRICS grouping, which held its 15th Summit in Johannesburg this week, the massive global interest in its outcomes should have put those to rest. Ever since the grouping, set up as a coalition of emerging economies, said last year that it was open to new members, as many as 40 countries from the global south have evinced interest in joining, with at least 22 formal applications. Once the new members join, six of 10 of the biggest global oil suppliers will be BRICS countries, giving BRICS new heft in the field of energy. While the battle of proving its raison d’être may have been substantially won, the BRICS countries still fall short in showing a coherence of purpose, and are still mired by inner contradictions. In addition, any overtly political, anti-western stance by BRICS will make India, and other countries in the grouping who walk a tightrope between the global powers, including Egypt, the UAE, Saudi Arabia and Brazil, uncomfortable.

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