This Wednesday the summit of the BRICSan annual meeting between the top leaders—or their envoys—of various countries. On this occasion, representatives from nine countries attended the summit and, as a special feature, it will also be attended by the Secretary General of the UN, Antonio Guterres.
As associated countries, Brazil, China, Egypt, United Arab Emirates, Ethiopia, India, Iran, Russia and South Africa They will discuss global issues, including the armed conflicts in which some of the guests – Ukraine and the Middle East – are immersed.
For this meeting, analysts believe that Putin attempts to show the world that Russia is not as isolated as the West claims, while paving the way for the forging of a new global majority to challenge the hegemony of USA.
11th BRICS summit
The BRICS group was founded in 2006 by five countries (Brazil, Russia, India, China, South Africa), with the intention of bringing together emerging economies. In fact, this group aims to be, broadly speaking, a kind of counterpart to the G7the group of Western economic powers formed by Germany, Canada, the United States, France, Italy, Japan and the United Kingdom.
According to World Bank data, the BRICS group represents 45% of the population compared to 10% of the population represented in the G7. At an economic level, the G7 incorporates 43% of the world economy, while the BRICS, less than a third. However, the group of emerging economies is expected to increase its weight in the coming years.
From its founding until 2023, the group has only had these five members. However, in January of last year it was expanded to nine, making room for the remaining four countries (Iran, Egypt, Arab Emirates and Ethiopia), although the group continues to maintain the original name.
These additions may not be the only ones, since at the current summit, once the meeting of the nine countries concludes, the BRICS leaders are expected to sit at a table together with representatives of twenty other countries, invited to the event by showing interest in joining the group. Among them are some such as Türkiye, Bolivia, Venezuela or Nicaragua. Even certain countries like Cuba They have publicly expressed their intention to join the group.
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