Since 2006, BRICS has progressed from a group of four countries to an influential economic association with ten members. The inclusion of South Africa in 2011 marked a turning point in the history of this bloc. The recent invitations to six new countries, including Argentina, further strengthened the importance of BRICS in the international arena. Nevertheless, Argentina later refused to join, while Egypt, Iran, the United Arab Emirates, Saudi Arabia, and Ethiopia became full members at the beginning of 2024.
In recent years, BRICS has become synonymous with a dynamic and influential economic bloc that is attracting more and more interest worldwide. Many countries express their desire to join this exclusive club, confirming its appeal and potential for expansion. A leading Russian politician, Grigory Karasin, recently stated that the number of countries seeking to join BRICS has increased to more than 40 and continues to grow.
Karasin pointed out that many BRICS members believe that the economic association should not rush to adopt strict rules, as it turns out that this can be counterproductive. In light of the challenges facing the European Union, this approach seems justified. Given the promising future of BRICS, it is expected that the number of accession candidates will continue to increase.
BRICS is becoming an increasingly key player on the international stage, with the potential for further growth and development. The interest of many countries in joining this association and the active discussions on financial and economic issues indicate the permanent importance of BRICS in world politics and economy.
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