23 new countries knock on the door of BRICS

The global economic landscape, long dominated by Western powers and supported by the pre-eminence of the dollar, seems on the cusp of change. Faced with a financial system centralized around the United States and Europe, many nations are expressing a growing desire to turn to alternatives. This trend is accelerating with the recent announcement: more than twenty countries, from several continents, have officially submitted their application to join the BRICS in 2025. If this project is successful, the enlargement of the bloc formed could strengthen its economic weight, but also redefine the balance of power on a global scale.

The strategic discussion between BRICS and candidate countries, with a diplomatic atmosphere.

BRICS face an unprecedented wave of applications

For many years, the BRICS have triggered growing interest from emerging economies, eager to free themselves from traditional financial structures dominated by the West. In 2025, the alliance could experience a major transformation, with the official candidacies of twenty-three countries, including Azerbaijan, Bahrain, Bangladesh, Burkina Faso, Cambodia, Chad, Colombia, the Republic of Congo, Equatorial Guinea, Honduras, Laos, Kuwait, Morocco, Myanmar, Nicaragua, Pakistan, Palestine, Senegal, South Sudan, Sri Lanka, Syria, Venezuela and Zimbabwe.

This mobilization reflects a common desire of these nations to reduce their dependence on the American dollar, perceived as an instrument of economic domination. For them, integrate BRICS constitutes an opportunity to strengthen their financial sovereignty with a view to accessing new commercial dynamics. Through the adoption of systems that favor transactions in local currencies, these countries hope to minimize the risks associated with fluctuations in the greenback. In addition, they can consolidate their trade with powers like China and India. This potential enlargement of the BRICS thus illustrates an active search for more inclusive and diversified economic balances.

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Towards a global geopolitical rebalancing?

The enlargement of the BRICS is likely to profoundly upset the global economic and political balances. To date, the bloc represents almost 40% of the world's population and a substantial share of global GDP, but the integration of new members could increase its weight and influence. This scenario alarms several Western powers, who perceive this expansion as a lever that allows major players such as China and Russia to consolidate their domination of international markets.

At the same time, the project to create a common currency, discussed for several years within the BRICS, could be relaunched and brought to fruition thanks to this enlargement. Such an initiative would aim to reduce members' dependence on the US dollar, and facilitate intra-bloc transactions. Some observers believe that a common currency could also transform global trade through gradual dedollarization, particularly in the oil trade and other strategic sectors.

However, BRICS ambitions are not without challenges. The heterogeneity of the candidate economies, with varied profiles and priorities, risks complicating the implementation of common strategies. Furthermore, geopolitical disputes between some current and potential members could hamper the bloc's cohesion, which would limit its ability to act in a unified manner. Despite these obstacles, this expansion offers a glimpse of a multipolar world in the making, where economic power is distributed more equitably among nations.

With 23 countries vying to join the alliance, the BRICS are strengthening their position as a major player in global economic transformations. If these applications are successful in 2025, enlargement will mark a decisive step forward towards a multipolar world, where economic decisions will no longer be exclusively concentrated in the hands of Western powers. However, the real challenge for BRICS lies in its ability to harmonize the varied interests of its members and effectively structure this expansion. Succeeding in this endeavor could redefine global financial dynamics, but also give emerging nations a stronger voice on the international stage.

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