Sir,
I commend Professor Ashwani Mahajan’s for his write up BRICS expansion, which sheds light on the shifting dynamics of global diplomacy and the role BRICS plays in protecting the interests of developing countries.
The inclusion of Argentina, UAE, Iran, Saudi Arabia, Ethiopia, and Egypt in the BRICS group is indeed a significant development. It not only expands the economic bloc’s reach but also signifies a more balanced global order. Professor Mahajan rightly points out that the BRICS group provides a platform for emerging economies to assert their interests and challenge the dominance of Western powers diplomatically.
The growth rates of BRICS nations in contrast to developed countries highlight the economic clout of these nations. The expansion of BRICS to include these six additional countries, representing a substantial share of global GDP and population, further strengthens this bloc’s ability to address common challenges and promote shared prosperity.
The article also rightly emphasizes the importance of settling international trade in domestic currencies, reducing the monopoly of the US dollar, and empowering BRICS countries to overcome balance of payments challenges. In a world where the developed nations often impose conditions on developing countries, BRICS offers an alternative platform where mutual cooperation can flourish.
While the BRICS group may face challenges due to differing allegiances among its members, it is heartening to see developing nations standing together to reduce the influence and hegemony of developed nations. The expansion of BRICS presents an opportunity for these countries to find common ground, fostering unity amidst diversity.
In conclusion, the article provides valuable insights into the potential benefits of BRICS expansion, and I hope that this grouping continues to work towards empowering developing nations and fostering global cooperation.
Devinder Bakshi
Udhampur
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