The expansion of BRICS is favorable to the countries of the “South”.

The expansion of BRICS is favorable to the countries of the “South”.

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BRICS expansion is an important theme of the current BRICS summit. So far, more than 20 countries have formally submitted applications to join “BRICS”, and many countries have shown keen interest in joining the BRICS system. Thereby it is evident that many developing countries feel frustrated with the current international system, and they are eager to use “BRICS” to participate more in international political affairs.

Because a multilateral world structure is conducive not only to world peace and stability, but also to the development of the global “South”. The countries of the global “South” actually cover the emerging economies and the vast majority of the developing world in Asia, Africa and Latin America. They account for the vast majority of the world’s population and territory, but have long been ignored in international political affairs.

In recent years, the economic growth of many developing countries has slowed down, while Western countries have ignored the economic difficulties of developing countries. In this context, some “southern” countries pin their hopes on the BRICS cooperation mechanism. Now the five BRICS members i.e. Brazil, Russia, India, China and South Africa account for a quarter of the global GDP, and in terms of purchasing power parity, the BRICS countries have surpassed even the western G7.

Some developing countries have shown a strong desire to join the “BRICS”, hoping that they can use the “BRICS” to promote their own interests. According to research data from international institutions, BRICS countries have actually promoted global income equality. The expansion of “BRIC” will give a big boost to the overall development of the countries of the world’s south.

The loud call to join BRICS shows that more and more developing countries hope to seek more cooperation space through “BRICS” and build a more equitable and balanced international order. Compared to the current international system, the BRICS system will provide more development opportunities for developing countries. The inclusiveness of the BRICS mechanism will not only help strengthen South-South cooperation, but also effectively promote global stability and prosperity.

BRICS emphasizes international cooperation and the concept of a community with a shared future for mankind, emphasizing the shared responsibility of countries in the face of global challenges, as well as cooperation in the economic, social and environmental fields. This mode of cooperation is particularly important in the current complex and volatile international situation.

China plays an important role in the BRICS countries. With the increase in technology investment and talent pool, China’s influence in innovation continues to grow, which brings more opportunities for the BRICS cooperation mechanism. And this allows the BRICS countries to play an increasingly important role on the international stage. The participation of more emerging countries will further enhance BRICS countries’ voice and cooperation capacity in international affairs and have a positive impact on the global order.

The concept of inclusiveness and cooperation of the BRICS mechanism is expected to promote the establishment of a more stable, peaceful and prosperous international structure. BRICS countries will play a more important role in international cooperation, development and equality. The inclusiveness concept of BRICS is expected to make the international pattern more stable and pluralistic.

“BRICS” is an open and inclusive cooperation mechanism. More influential developing countries joining BRICS will only promote the transformation of the existing international order in a more fair direction and bring new momentum to cooperative development. The expansion of “BRICS” can better utilize the resources and advantages of various countries and advance the world’s economic growth and sustainable development.

The expansion of BRICS is not intended to replace any other mechanism, but to provide a platform for mutual assistance and win-win results for developing countries, to promote equal dialogue and practical cooperation on important issues such as trade and finance. Can be given

(Credits-China Media Group, Beijing)

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