Over the past month, BRICS has surged into the global spotlight with unprecedented vigor, heralding a transformative era for this emerging global coalition. The momentum behind BRICS is not just making headlines; it’s reshaping the contours of international geopolitics.
With nations vying to join its ranks and the bold introduction of an intra-bank payment system, BRICS is asserting itself as a formidable force, challenging the established global order.
This video delves into these significant developments, offering an in-depth analysis of BRICS’s expanding influence as of July 2024, and exploring why an increasing number of countries are eager to align themselves with this dynamic bloc.
The Global South is witnessing a seismic shift, with BRICS at the epicenter of this realignment. Countries such as Malaysia, Thailand, Vietnam, and Turkey are no longer content to remain on the periphery of a Western-dominated world. Instead, they are actively pursuing membership in BRICS—a bloc now seen by many as the spearhead of a new, more equitable international order.
China, a key driver of this expansion, has openly supported Malaysia’s bid to join BRICS, signaling Beijing’s strategic commitment to broadening the bloc’s influence. Malaysian Prime Minister Anwar Ibrahim has taken a proactive step by formally applying to join BRICS, directing his appeal to Russia, the bloc’s current chair. This move underscores Malaysia’s ambition to secure its place in a rapidly evolving global power structure.
Source: Vision of China, Aug 8, 2024. https://youtu.be/4KSr_F3lJlM