‘No mountains can stop the surging flow of a mighty river.’ With the addition of six new members that add geostrategic clout and geographic depth to the once sputtering BRICS, the multilateral institution is now gathering the momentum needed to reset international relations.
In the end, History was made. Surpassing even the greatest of expectations, the BRICS nations performed a giant step for multipolarity by expanding the group to BRICS 11.
Starting on January 1, 2024, the five original BRICS members will be joined by Argentina, Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates (UAE).
No, they won’t turn into an unpronounceable BRIICSSEEUA. Russian Foreign Minister Sergey Lavrov confirmed the song remains the same, with the familiar BRICS acronym to the Global South or Global Majority or “Global Globe” multilateral organization that will shape the contours of a new system of international relations.
Here is the Johannesburg II Declaration of the 15th BRICS summit. BRICS 11 is just the start. There’s a long line eager to join; without referring to the dozens of nations (and counting) that have already “expressed their interest”, according to the South Africans, the official list, so far, includes Algeria, Bangladesh, Bahrain, Belarus, Bolivia, Venezuela, Vietnam, Guinea, Greece, Honduras, Indonesia, Cuba, Kuwait, Morocco, Mexico, Nigeria, Tajikistan, Thailand, Tunisia, Turkiye and Syria.
By next year, most of them will either become BRICS 11 partners or part of the second and third wave of fully-fledged members. The South Africans have stressed that BRICS “will not be limited to just one expansion phase.”
Full Article: https://new.thecradle.co/articles/welcome-to-the-brics-11
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even though the movement to end the domination of the petrodollar is outwardly intended only to benefit the BRICS nations, the movement could have a beneficial effect on middle class Americans who are being robbed daily through money printing at will. I’ll take bitcoin, for the win, Pat.