Growing Interest in BRICS Membership for 2024

Growing Interest in BRICS Membership for 2024

The list of countries ready to join the BRICS alliance in 2024 is expanding rapidly. Many developing nations are drawn to BRICS due to its efforts to advance the de-dollarization agenda. The alliance is promoting the use of local currencies for trade, aiming to strengthen native economies.

Russia’s Deputy Foreign Minister and BRICS Sherpa, Sergey Ryabkov, confirmed the increasing interest. He revealed that in 2024 alone, around 10 new countries have expressed their desire to join the BRICS alliance.

“Over the years of cooperation in BRICS, a very positive and unique culture of dialogue has developed. We have established truly trusting relations,” said Sergey.

He further added,

“This approach is already bearing fruit. After the enlargement, we see a growing interest of developing countries in deepening cooperation with the BRICS alliance.”

Currently, 30 countries have formally submitted applications to join BRICS, while another 15 nations have informally shown interest. Developing countries seek to strengthen their local currencies and reduce reliance on the US dollar for trade. They view BRICS as a vital opportunity to achieve their de-dollarization goals.

“More than 30 countries have already expressed such interest, and this list continues to grow,” Ryabkov pointed out.

The alliance appears to have no shortage of countries eager to join in 2024. The decision to induct new members will be based on consensus among the existing members.

The likelihood of a new BRICS expansion during the 2024 summit is high. The 16th summit is scheduled to be held in October 2024 in Russia’s Kazan region.

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Written by Siphiwe Dlamini

Name: Siphiwe Dlamini
Location: Johannesburg, South Africa
Occupation: Journalist and Political Analyst

Siphiwe Dlamini is a dynamic and passionate journalist and political analyst based in Johannesburg, South Africa. With a unique blend of academic expertise and practical experience, Siphiwe has established himself as a trusted voice in the field of journalism, particularly in political reporting and analysis.

Siphiwe holds a Bachelor's degree in Journalism, where he honed his skills in investigative reporting, news writing, and multimedia storytelling. Additionally, he pursued a degree in Political Science, deepening his understanding of political systems, international relations, and policy analysis. This interdisciplinary educational background equips him with a comprehensive understanding of the socio-political landscape, enabling him to provide insightful commentary on current affairs.

Throughout his career, Siphiwe has demonstrated a commitment to journalistic integrity and a relentless pursuit of truth. He has worked for several prominent media outlets, including leading newspapers, television networks, and online platforms. His reporting has covered a wide range of topics, from domestic politics and social issues to international affairs and human rights.

Siphiwe's journalistic endeavors have taken him to the frontlines of major events, where he has provided on-the-ground coverage and in-depth analysis. His ability to contextualize complex political developments and communicate them effectively to diverse audiences has earned him recognition and respect within the industry.

Beyond his work in traditional media, Siphiwe is also actively engaged in public discourse, participating in panel discussions, debates, and academic conferences. He is committed to promoting transparency, accountability, and democratic values through his journalism.

As a political analyst, Siphiwe possesses a keen analytical mind and a nuanced understanding of political dynamics. He is adept at dissecting political rhetoric, evaluating policy proposals, and forecasting future trends. His insightful commentary helps citizens navigate the complexities of governance and make informed decisions about their collective future.

Siphiwe's expertise extends beyond mere reporting; he is also deeply involved in advocacy efforts aimed at promoting press freedom, defending human rights, and fostering democratic governance. Through his work, he strives to amplify marginalized voices, hold power to account, and contribute to the advancement of a more just and equitable society.

In his pursuit of excellence, Siphiwe remains dedicated to upholding the highest standards of journalism and serving as a catalyst for positive change in his community and beyond. With his unwavering commitment to truth, integrity, and social justice, he continues to inspire and empower others to engage critically with the world around them.


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