Expanding BRICS paves way for global growth

Voice for just global order

BRICS has become a prominent advocate for developing countries on the global stage. It has provided a platform for Global South countries to find alternatives to West-led economic structures and promote fairer global governance.

Emmanuel Matambo, research director of the Center for Africa-China Studies at the University of Johannesburg, said that BRICS has provided more funding options for the development of emerging economies and strengthened the voice of the Global South in international relations.

During meetings held on Oct 23, leaders exchanged views on BRICS cooperation and crucial international issues of shared concern under the theme "Strengthening Multilateralism for Just Global Development and Security", collaboratively shaping a vision for a unified future.

As Xi said during the summit, "We must work together to build BRICS into a primary channel for strengthening solidarity and cooperation among Global South nations and a vanguard for advancing global governance reform."

Since its inception, BRICS has set a benchmark for South-South cooperation and collective self-reliance among emerging markets and developing countries, while championing fair global governance. Its expanded membership and growing economic influence have bolstered the bloc's role in global affairs.

"The BRICS cooperation mechanism plays a prominent role in enhancing the representation and influence of developing countries in international affairs and enhancing the improvement of global governance, which is also one of the priorities of the UAE," said Ahmed Al-Ali, a political and strategic researcher at the Gulf Research Center in Dubai.

Committed to multilateralism, BRICS amplifies developing nations' voices and advances the drive for a more equitable world order.

"BRICS, being perceived as a leading voice of emerging markets and developing countries, has become an indispensable part of the current geopolitical landscape, providing a powerful tool for building a more fair, just, and multipolar world order," said Surasit Thanadtang, director of the Thai-Chinese Strategic Research Center under the National Research Council of Thailand.

Xinhua