Newsdeck

Newsdeck

Russia says expansion will strengthen BRICS

Russia says expansion will strengthen BRICS
Russian President Vladimir Putin meets with Head of the new BRICS Development Bank, Dilma Rousseff (L) during their meeting at the Constantine (Konstantinovsky) Palace in Strelna, outside St. Petersburg, Russia, 26 July 2023. The New Development Bank, formerly BRICS Development Bank, was established by the BRICS states (Brazil, Russia, India, China and South Africa). EPA-EFE/ALEXEY DANICHEV / SPUTNIK / KREMLIN POOL MANDATORY CREDIT

Russia said on Thursday that the BRICS group of countries would be strengthened by adding new members, in its most explicit endorsement yet of the idea of expansion.

The BRICS group of emerging economies currently comprises Brazil, Russia, India, China and South Africa. Moscow sees the group as an increasingly important and influential counterweight in global affairs to the U.S.-led West.

“Of course we believe that in one form or another, the expansion of BRICS will contribute to the further development and strengthening of this organisation,” Kremlin spokesman Dmitry Peskov told reporters.

He was commenting on a remark by Brazilian President Luiz Inacio Lula da Silva that it was “extremely important” for Saudi Arabia to join BRICS, along with Argentina and the United Arab Emirates, if they wished to.

Peskov said Russia had constructive ties with all three countries but “we don’t think we need to get ahead of ourselves” regarding specific candidate nations before the topic is discussed at a BRICS summit in South Africa on Aug. 22-24.

Strengthening BRICS forms part of Russia’s vision of undermining U.S. dominance and building a new “multipolar world”. It values ties with developing countries that have refrained from condemning its actions in Ukraine, and wants to increase trade with them to neutralise the effect of Western sanctions on its economy.

Russia will be represented at this month’s BRICS summit by Foreign Minister Sergei Lavrov after President Vladimir Putin decided not to attend in person due to a warrant for his arrest issued by the International Criminal Court for alleged war crimes in Ukraine, something Moscow denies.

(Reporting by ReutersWriting by Mark TrevelyanEditing by Gareth Jones)

Gallery

Comments - Please in order to comment.

  • Oliver Laubenheimer says:

    Russia would say that, they are a little thin on friends these days. possibly even some of those who are considered to be friendly might be apprehensive at the moment given the manure show currently on display. who wants friends like that !

Please peer review 3 community comments before your comment can be posted

We would like our readers to start paying for Daily Maverick...

…but we are not going to force you to. Over 10 million users come to us each month for the news. We have not put it behind a paywall because the truth should not be a luxury.

Instead we ask our readers who can afford to contribute, even a small amount each month, to do so.

If you appreciate it and want to see us keep going then please consider contributing whatever you can.

Support Daily Maverick→
Payment options

Daily Maverick Elections Toolbox

Feeling powerless in politics?

Equip yourself with the tools you need for an informed decision this election. Get the Elections Toolbox with shareable party manifesto guide.