BRICS Expansion: 44 Countries Ready To Join Alliance in 2025
BRICS expansion could be a major topic of discussion as the total number of countries expressing interest in joining the alliance is growing in 2025. The 17th summit is scheduled to be held on July 7 and 8 in Brazil’s Rio De Janeiro. The 10-member bloc will decide the future of the alliance, and all decisions will be based on consensus.
Also Read: BRICS: 2 Countries Settle Oil Trade in New Currency, Discard US Dollar
A BRICS expansion in 2025 could also accelerate de-dollarization as more countries look to end reliance on the US dollar. Apart from the sanctions, Trump’s recent tariffs are also making emerging economies distrust the White House policies. Read here to know how many sectors in the US will be impacted if BRICS ditches the dollar for trade.
Also Read: BRICS: When Barack Obama Predicted the US Dollar’s Future
44 Countries Show Interest to Join BRICS as Expansion Talks Grow in 2025
Vietnam is the 44th country that has expressed interest in joining the alliance this month. China, Russia, and Iran are looking at BRICS expansion in 2025 while the other members are stepping back. Russia and Iran are reeling under US sanctions making their economies remain under pressure and lose business deals. Out of the 44 countries, 23 nations have formally submitted their applications while 21 have informally expressed interest to join.
Also Read: BRICS Gives Huge Update: Non-Members Can Settle Trade In New Payment System
On the other hand, China wants to use the bloc as a stepping stone to dismantle the US dollar’s dominance. Therefore, BRICS expansion in 2025 will only help China, Russia, and Iran as more countries will join the de-dollarization bandwagon. The decision to add more countries will be decided in the upcoming summit in Rio De Janeiro.
“Vietnam consistently pursues its foreign policy of independence, self-reliance and multilateralization and diversification of international relations, and being a trusted friend and responsible member of the international community,” said Vietnam’s Foreign Ministry’s spokesperson about the country’s interest in being a part of the BRICS expansion in 2025.
Read More
BRICS Expansion: 44 Countries Ready To Join Alliance in 2025
BRICS expansion could be a major topic of discussion as the total number of countries expressing interest in joining the alliance is growing in 2025. The 17th summit is scheduled to be held on July 7 and 8 in Brazil’s Rio De Janeiro. The 10-member bloc will decide the future of the alliance, and all decisions will be based on consensus.
Also Read: BRICS: 2 Countries Settle Oil Trade in New Currency, Discard US Dollar
A BRICS expansion in 2025 could also accelerate de-dollarization as more countries look to end reliance on the US dollar. Apart from the sanctions, Trump’s recent tariffs are also making emerging economies distrust the White House policies. Read here to know how many sectors in the US will be impacted if BRICS ditches the dollar for trade.
Also Read: BRICS: When Barack Obama Predicted the US Dollar’s Future
44 Countries Show Interest to Join BRICS as Expansion Talks Grow in 2025
Vietnam is the 44th country that has expressed interest in joining the alliance this month. China, Russia, and Iran are looking at BRICS expansion in 2025 while the other members are stepping back. Russia and Iran are reeling under US sanctions making their economies remain under pressure and lose business deals. Out of the 44 countries, 23 nations have formally submitted their applications while 21 have informally expressed interest to join.
Also Read: BRICS Gives Huge Update: Non-Members Can Settle Trade In New Payment System
On the other hand, China wants to use the bloc as a stepping stone to dismantle the US dollar’s dominance. Therefore, BRICS expansion in 2025 will only help China, Russia, and Iran as more countries will join the de-dollarization bandwagon. The decision to add more countries will be decided in the upcoming summit in Rio De Janeiro.
“Vietnam consistently pursues its foreign policy of independence, self-reliance and multilateralization and diversification of international relations, and being a trusted friend and responsible member of the international community,” said Vietnam’s Foreign Ministry’s spokesperson about the country’s interest in being a part of the BRICS expansion in 2025.
Read More