BRICS Expansion and Future Prospects
The BRICS (Brazil, Russia, India, China, South Africa) bloc, representing a coalition of major developing nations, has recently expanded by admitting six new members—Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the UAE—effective from January 1, 2024. This expansion transforms the bloc into B...
Saved in:
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
UJ Press
2025-04-01
|
| Series: | Journal of BRICS Studies |
| Subjects: | |
| Online Access: | https://journals.uj.ac.za/index.php/jbs/article/view/3233 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| _version_ | 1849770223321743360 |
|---|---|
| author | Muhammad Ijaz Khan Shokat Hayat |
| author_facet | Muhammad Ijaz Khan Shokat Hayat |
| author_sort | Muhammad Ijaz Khan |
| collection | DOAJ |
| description |
The BRICS (Brazil, Russia, India, China, South Africa) bloc, representing a coalition of major developing nations, has recently expanded by admitting six new members—Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the UAE—effective from January 1, 2024. This expansion transforms the bloc into BRICS Plus (+), reflecting the rising multipolarity in global politics and economics. This paper examines the implications of BRICS Plus for Pakistan, assessing potential economic, geopolitical, and security benefits while addressing challenges such as Indian opposition and Western pressure. The study concludes with policy recommendations for Pakistan to leverage this opportunity by enhancing trade, investment, and diplomatic relations within BRICS.
|
| format | Article |
| id | doaj-art-14a060437d0c4e6987ccc262bc84dc26 |
| institution | DOAJ |
| issn | 2519-7452 2519-7460 |
| language | English |
| publishDate | 2025-04-01 |
| publisher | UJ Press |
| record_format | Article |
| series | Journal of BRICS Studies |
| spelling | doaj-art-14a060437d0c4e6987ccc262bc84dc262025-08-20T03:03:06ZengUJ PressJournal of BRICS Studies2519-74522519-74602025-04-013210.36615/7yjb2a23BRICS Expansion and Future ProspectsMuhammad Ijaz Khan0Shokat Hayat1National Institute of Management, PakistanNational Institute of Management, Pakistan The BRICS (Brazil, Russia, India, China, South Africa) bloc, representing a coalition of major developing nations, has recently expanded by admitting six new members—Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the UAE—effective from January 1, 2024. This expansion transforms the bloc into BRICS Plus (+), reflecting the rising multipolarity in global politics and economics. This paper examines the implications of BRICS Plus for Pakistan, assessing potential economic, geopolitical, and security benefits while addressing challenges such as Indian opposition and Western pressure. The study concludes with policy recommendations for Pakistan to leverage this opportunity by enhancing trade, investment, and diplomatic relations within BRICS. https://journals.uj.ac.za/index.php/jbs/article/view/3233BRICS PlusPakistanglobal governanceeconomic integrationmultipolaritytrade relation |
| spellingShingle | Muhammad Ijaz Khan Shokat Hayat BRICS Expansion and Future Prospects Journal of BRICS Studies BRICS Plus Pakistan global governance economic integration multipolarity trade relation |
| title | BRICS Expansion and Future Prospects |
| title_full | BRICS Expansion and Future Prospects |
| title_fullStr | BRICS Expansion and Future Prospects |
| title_full_unstemmed | BRICS Expansion and Future Prospects |
| title_short | BRICS Expansion and Future Prospects |
| title_sort | brics expansion and future prospects |
| topic | BRICS Plus Pakistan global governance economic integration multipolarity trade relation |
| url | https://journals.uj.ac.za/index.php/jbs/article/view/3233 |
| work_keys_str_mv | AT muhammadijazkhan bricsexpansionandfutureprospects AT shokathayat bricsexpansionandfutureprospects |