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Reading: BRICS enlargement predicts end of unipolarity era: Quincy Institute
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Dailynewsegypt > Blog > Politics > BRICS enlargement predicts end of unipolarity era: Quincy Institute
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BRICS enlargement predicts end of unipolarity era: Quincy Institute

Xinhua
Last updated: 2023/08/25 at 9:07 PM
By Xinhua 2 Min Read
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This photo taken on Aug. 21, 2023 shows a view near the venue of the 15th BRICS Summit in Johannesburg, South Africa. (Xinhua/Zhang Yudong)
This photo taken on Aug. 21, 2023 shows a view near the venue of the 15th BRICS Summit in Johannesburg, South Africa. (Xinhua/Zhang Yudong)
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BRICS, at the conclusion of its summit in Johannesburg, South Africa, announced an expansion with the addition of six new member states — Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and UAE, will enhance Africa and Latin America’s representation, and showcases the great diversity of the member states’ domestic political systems, reported Quincy Institute for Responsible Statecraft on Thursday.


“The expansion — and the still-long waiting list of close to 20 states — is a demand signal for alternative structures for solving common challenges and furthering interests of Global South states, which are not being satisfied in the current global order,” noted the article authored by Sarang Shidore, Director of Studies and Senior Research Fellow at the institute.


Almost all Global South states in BRICS — old and new — are certainly not anti-American, with many of them being close U.S. partners and two having American troops stationed on their soil, but they want to evolve alternative geoeconomic structures that can fill the deep gaps and deficiencies in the current U.S.-led order, it said.


“White House National Security Advisor Jake Sullivan, by pointing to the diversity of interests of its members in a recent press conference, seemed to dismiss BRICS’ significance. If so, that is a mistake,” it added, “The era of unipolarity is coming, or has already come, to an end.”

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Previous Article President of BRICS' New Development Bank (NDB) Dilma Rousseff BRICS bank to increase membership, finance in local currencies: Rousseff
Next Article This historic expansion, which was announced at a press conference during the 15th BRICS Summit in Johannesburg, South Africa, involves Argentina, Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates, and their membership will take effect from Jan. 1, next year. BRICS shines brighter after historic expansion
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