interesting thread here on who joins BRICS+ and their importance. covers 3 major choke points
Egypt & Ethiopia are very close to China in recent years and pretty much everyone else on this list.
BRICS & New World Order Thread
- Thread starter Strangelove
- Start date
interesting thread here on who joins BRICS+ and their importance. covers 3 major choke points
Egypt & Ethiopia are very close to China in recent years and pretty much everyone else on this list.
Egypt and Ethiopia doesn't represent all of Africa. Please Africa is bigger than that. Happy for the expansion though.
Instead of focussing so much on that Biden-Modi meeting some time ago, they should have find agreement on those requirements before hand just to prevent losing face.
I saw on twitter that Indonesia has elections next year and Jokowi isn't running. So i think such a big decision is for the next president to take.
It's obvious who hold the most influence, Gosh!!!! even South Africa (Ethiopia) and Brazil (Argentina) got their respective buddies inside BRICS....lol
Since 0 precede 1 then in Indian Vedic system they're number 1.
China: 3 (Saudi Arabia, UAE and Egypt)
Russia: 1 ( Iran)
South Africa: 1 (Ethiopia)
Brazil: 1 (Argentina)
India: ZERO.
Importance of the new additions
In the next BRICS conference in Russia, I'm seeing China endorsing Indonesia, Russia one of the Former Soviet Republic, Kenya by South Africa and Venezuela by Brazil. which country will India endorse or sponsor, maybe the Maldives?
Some random thoughts on BRICS+
(1) Middle East or West Asia is entering a long period of peace and stability
There is less chance of any proxy wars in that region going forward. That is positive for China energy security as well as market access.
(2) Africa continues to enjoy peace and development
If ECOWAS were intervening the Niger situation, Nigeria can forget about joining BRICS+. Africa can finally enjoy enduring peace for its economic development. I would say Africa will become a top-tier market prospect for China products and services.
(3) Latin America becomes a surprising RMB playground
Given the recent news on Brazil accepting RMB guarantee for Argentina trade, Latin America is fast becoming a middle-income continent that is RMB friendly. That will have a hallo effect on BRICS+.
(4) Indonesia and RCEP
It is somewhat surprising that Indonesia did not make the cut. I guess no BRICS country went out of its way to pitch for Indonesia, which in many ways is more of a competitor to India and Brazil than complimentary.
(5) G7
G7 summit is losing more lust vis-a-via BRICS+ summit. BRICS+ becomes more mainstream and majority than G7 in terms of representation and popularity. The kicker is that G7 no longer enjoys industrial and technological dominance in comparison to BRICS+.
(6) What BRICS+ means to China
China just scored a quiet and resounding victory. Oil, gas, iron ores, minerals, young and growing markets, global representation. When Indonesia, Nigeria, Mexico and Algeria join BRICS+ in Russia 2024, BRICS+ will become a more actionable united nations. Japan and Korea will be more isolated. Europe will become less relevant. US sanctions will have less teeth. With RECP, SCO and BRICS+, Xi will be ready to finish his business ......
(1) Middle East or West Asia is entering a long period of peace and stability
There is less chance of any proxy wars in that region going forward. That is positive for China energy security as well as market access.
(2) Africa continues to enjoy peace and development
If ECOWAS were intervening the Niger situation, Nigeria can forget about joining BRICS+. Africa can finally enjoy enduring peace for its economic development. I would say Africa will become a top-tier market prospect for China products and services.
(3) Latin America becomes a surprising RMB playground
Given the recent news on Brazil accepting RMB guarantee for Argentina trade, Latin America is fast becoming a middle-income continent that is RMB friendly. That will have a hallo effect on BRICS+.
(4) Indonesia and RCEP
It is somewhat surprising that Indonesia did not make the cut. I guess no BRICS country went out of its way to pitch for Indonesia, which in many ways is more of a competitor to India and Brazil than complimentary.
(5) G7
G7 summit is losing more lust vis-a-via BRICS+ summit. BRICS+ becomes more mainstream and majority than G7 in terms of representation and popularity. The kicker is that G7 no longer enjoys industrial and technological dominance in comparison to BRICS+.
(6) What BRICS+ means to China
China just scored a quiet and resounding victory. Oil, gas, iron ores, minerals, young and growing markets, global representation. When Indonesia, Nigeria, Mexico and Algeria join BRICS+ in Russia 2024, BRICS+ will become a more actionable united nations. Japan and Korea will be more isolated. Europe will become less relevant. US sanctions will have less teeth. With RECP, SCO and BRICS+, Xi will be ready to finish his business ......
India will endorse the developing country called the UK I heard they have a hard time developing and progressing under US oppression.In the next BRICS conference in Russia, I'm seeing China endorsing Indonesia, Russia one of the Former Soviet Republic, Kenya by South Africa and Venezuela by Brazil. which country will India endorse or sponsor, maybe the Maldives?