20 Nations Join BRICS this month of March 2023. ✓>>>👇

The month of March 2023 saw a historic moment for the BRICS (Brazil, Russia, India, China, and South Africa) group as 20 new nations officially joined the organization. This move is a testament to the growing importance of the BRICS in the world economy and its potential to shape the global geopolitical landscape in the coming years.Show more

The 20 new members who joined the BRICS this month are Algeria, Argentina, Bangladesh, Egypt, Indonesia, Iran, Iraq, Kazakhstan, Malaysia, Mexico, Nigeria, Pakistan, Philippines, Saudi Arabia, Turkey, Ukraine, United Arab Emirates, Venezuela, Vietnam, and Zimbabwe. This diverse group of countries represents a significant expansion of the BRICS and brings the organization's total membership to 25.

The decision of these 20 countries to join the BRICS reflects their recognition of the growing influence of the BRICS in the world economy and their desire to be a part of this influential group. The BRICS, which together account for over 40% of the world's population and over 25% of the world's GDP, have become a major force in the global economic landscape in recent years.

The BRICS have also played a significant role in shaping global governance and institutions, with initiatives such as the New Development Bank and the Contingent Reserve Arrangement. These institutions have provided a new source of financing for infrastructure projects in developing countries and helped to reduce the reliance on traditional sources of funding such as the World Bank and the International Monetary Fund.

The addition of these 20 new members to the BRICS is expected to further strengthen the organization's ability to influence global governance and institutions. The BRICS will now have a larger pool of resources and a greater diversity of perspectives to draw from in their efforts to shape the global economic and political landscape.

The inclusion of countries such as Nigeria, Indonesia, and Iran in the BRICS is particularly significant as these countries are among the fastest-growing economies in the world. Their inclusion in the BRICS is expected to further enhance the organization's economic clout and influence.

The BRICS has also been a strong advocate for a multipolar world order, in which power is shared among multiple countries and regions. The addition of these 20 new members to the organization is a clear indication of the growing desire among countries to move away from the traditional dominance of the West in global affairs and towards a more balanced and equitable distribution of power.

The BRICS has also been at the forefront of efforts to address global challenges such as climate change, poverty, and inequality. The inclusion of these 20 new members is expected to further enhance the organization's ability to address these issues and to promote sustainable and inclusive development.

In conclusion, the decision of these 20 countries to join the BRICS is a significant development that underscores the growing importance of the organization in the world economy and its potential to shape the global geopolitical landscape in the coming years. The BRICS has become a major force in the global economic and political landscape, and the inclusion of these new members is expected to further enhance its influence and impact. It is now up to the BRICS to use this expanded membership to continue to push for a more equitable and sustainable world order that benefits all nations and peoples.