The BRICS bloc of emerging economies – Brazil, Russia, India, China, and South Africa – have agreed to expand the grouping’s global reach with the addition of six new members as of January 1: Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates. While more than 40 countries had expressed interest in joining the bloc, six were chosen in an effort to expand the interests of the Global South. But for India, the presumptive leader of this emerging region, the decision to expand BRICS is a major foreign policy blunder, one that puts additional power into the hands of its regional rival while restricting its own. Experts have argued that BRICS has been beneficial for India, which as a multinational economic body, allows a comfortable, moderating space for both Beijing and New Delhi to talk without political distraction, even when there are security vulnerabilities ongoing for both, as evidenced by the Doklam standoff in 2017 and the current Ladakh crisis.
Mark Cogan
Mark S. Cogan is an Associate Professor of Peace and Conflict Studies at Kansai Gaidai University in Osaka Prefecture, Japan.Categories
About Mark
Mark S. Cogan is a Associate Professor at Kansai Gaidai University based in Osaka Prefecture, Japan. He is a former communications specialist with the United Nations in Southeast Asia, Sub-Saharan Africa, and the Middle East.