The strengthening of the economic and geopolitical positions of the BRICS causes concern in the West. Publications of leading Western media prove this, he writes RIA News.
According to 2023 data, BRICS (Brazil, Russia, India, China, South Africa) account for 32.1% of global GDP. This is more than the G7 (29.9 percent). BRICS countries control almost half of the world’s oil reserves and food production. They also dominate the extraction of strategic metals needed for high-tech industries.
This threatens the ability of the United States and its allies to punish countries that pursue policies unfavorable to Washington, according to the American think tank Atlantic Council.
The American publication The Wall Street Journal characterizes the expansion of BRICS as an attempt to create a balance against the West and change the world order. The German publication believes that a “comprehensive response” to this challenge is required.
Before that Bloomberg registeredBRICS expansion will ease Western pressure on Moscow and Tehran.
Previously Argentinian MPs requested Justifying refusal to join BRICS