BRICS is anintergovernmental organization comprising ten countries:Brazil,Russia,India,China,South Africa,Egypt,Ethiopia,Indonesia,Iran and theUnited Arab Emirates. The idea of a BRICS-like group can be traced back to Russian foreign ministerYevgeny Primakov and to the two forums RIC (Russia, India, China) andIBSA (India, Brazil, South Africa).[1]BRIC was originally a term coined by BritisheconomistJim O'Neill and later championed by his employerGoldman Sachs in 2001 to designate the group of emerging markets.[2][3] Thefirst summit in 2009 featured the founding countries of Brazil, Russia, India, and China, where they adopted theacronymBRIC and formed an informal diplomatic club[4] where their governments could meet annually at formal summits and coordinate multilateral policies.[5][6] In April 2010, South Africa attended thesecond BRIC summit as a guest. It joined the organization in September 2010, which was then renamed BRICS, and attended thethird summit in 2011 as a full member.[7][8] Iran, Egypt, Ethiopia, and the United Arab Emirates attended their first summit as member statesin 2024 in Russia.[9] Indonesia officially joined as a member state in early 2025, becoming the firstSoutheast Asian member.[10][11] The acronymBRICS+ (in its expanded form,BRICS Plus) has been informally used to reflect new membership since 2024.[9][12][13]
Some in the West consider BRICS the alternative to theG7.[12] Others describe the organization as an incoherent joining of countries around increasinganti-Western andanti-American objectives.[14] BRICS has implemented competing initiatives such as theNew Development Bank, theBRICS Contingent Reserve Arrangement,BRICS PAY and the BRICS Joint Statistical Publication.[15] In its first 15 years, BRICS has established almost 60 intragroup institutions and an extensive network including think tanks and dialogues.[16] The original five members andIndonesia are also part of theG20. BRICS has received both praise and criticism from numerous commentators and world leaders.[17][18][19][20][21]
History
Founding
Collective action in the political arena in the late 1990s was present before the economic rationale of BRICS.[22] The idea of a multipolar group like BRICS can be traced back toYevgeny Primakov during his term asMinister of Foreign Affairs of Russia. He reiterated the idea in New Delhi in 1998.[1] The forums RIC (Russia, India, China) andIBSA (India, Brazil, South Africa) predated and played an important role in the creation of BRIC and subsequently BRICS.[1]
TheNew Development Bank, headquartered in Shanghai, China, is the premier institution of BRICS.[23]
The termBRIC, as compared to the alternate termCRIB,[4] was originally developed in the context of foreign investment strategies. It was introduced in the 2001 publication,Building Better Global Economic BRICs byJim O'Neill, then head of global economics research atGoldman Sachs and later Chairman of Goldman Sachs Asset Management.[24][25][26] O'Neill now regards the BRICS group as a failed project. In a 2021 article forProject Syndicate he wrote that the BRICS countries "have so far proven incapable of uniting as a meaningful global force" and felt in 2024 that "each year also brings further confirmation that the grouping serves no real purpose beyond generating symbolic gestures and lofty rhetoric".[27][28]
Theforeign ministers of the initial four BRIC states (Brazil, Russia, India, and China) met in New York City in September 2006 at the margins of the General Debate of the UN Assembly, beginning a series of high-level meetings.[29] A full-scale diplomatic meeting was held inYekaterinburg, Russia, on 16 June 2009.[30]
In the aftermath of the 2009 Yekaterinburg summit, the BRIC nations announced the need for a newglobal reserve currency, which would have to be "diverse, stable and predictable".[33] Although their statement did not directly criticize the perceived dominance of theUS dollar (as Russia had in the past) it did spark a fall in the value of the dollar against other major currencies.[34]
2010 expansion
In 2010, South Africa began efforts to join BRIC, and the process for its formal admission began in August of that year.[35] South Africa officially became a member nation on 24 December 2010 after being formally invited by China,[36] and was subsequently accepted by other BRIC countries.[35] The group was renamedBRICS to represent the addition ofSouth Africa to the original four BRIC members.[37] At thethird BRICS summit in 2011 inSanya, China, South African presidentJacob Zuma represented the country as a full member for the first time.[38][39][40]
New Development Bank
New Development Bank's logoSouth African PresidentCyril Ramaphosa and other BRICS representatives during the15th BRICS summit in Johannesburg, 23 August 2023
In June 2012, the BRICS nations pledged $75 billion to boost the lending power of theInternational Monetary Fund (IMF). However, the proposed loan was conditional on IMF voting reforms.[41] In March 2013, during thefifth BRICS summit inDurban, the member countries agreed to create a global financial institution to cooperate with the western-dominated IMF and World Bank.[42] They planned to set up thisNew Development Bank (known at the time as the "BRICS Development Bank") by 2014.[43]
At the BRICS leaders meeting inSaint Petersburg in September 2013, China committed $41 billion towards the pool; Brazil, India, and Russia $18 billion each; and South Africa $5 billion. China, which held the world's largest foreign exchange reserves and contributed the bulk of the currency pool, wanted a more significant managing role. China also wanted to be the location of the reserve.[44] In October 2013, Russia's Finance MinisterAnton Siluanov said that creating a $100 billion in funds designated to steady currency markets would be taken in early 2014. The Brazilian finance minister,Guido Mantega, confirmed that the fund would be created by March 2014.[45] However, by April 2014, the currency reserve pool and development bank had yet to be set up, and the date was rescheduled to 2015.[46]
In July 2014, during thesixth BRICS summit inFortaleza, the BRICS members signed a document to create the US$100 billion New Development Bank and a reserve currency pool worth over another US$100 billion. Documents on cooperation between BRICS export credit agencies and an agreement of cooperation on innovation were also signed.[47][citation needed] The Fortaleza summit was followed by a BRICS meeting with theUnion of South American Nations presidents inBrasília.[48]
Since 2012, the BRICS group of countries has been planning anoptical fibersubmarine communications cable system to carry telecommunications between the BRICS countries, known as theBRICS Cable.[49] Part of the motivation for the project was the spying of theU.S. National Security Agency on all telecommunications that flowed in and out of United States territory.[50] Construction of the proposed cable network was abandoned in 2015, possibly due to cost.[51]
In August 2019, the communications ministers of the BRICS countries signed a letter of intent to cooperate in the Information and Communication Technology sector. This agreement was signed in the fifth edition of the meeting of communication ministers of countries member of the group[52] held inBrasília, Brazil.
Meeting of BRICS foreign ministers on 22 September 2022
TheNew Development Bank plans on giving out $15 billion to member states to help their struggling economies. Member countries are hoping for a smooth comeback and a continuation of economic trade pre-COVID-19. The 2020 BRICS summit was held virtually in St. Petersburg, Russia, and discussed how to handle the COVID-19 pandemic and how to fix the multilateral system via reforms.[53] During the 13th BRICS summit, in 2021, Indian Prime MinisterNarendra Modi called for a transparent investigation into theorigins of COVID-19 under theWorld Health Organization with the full cooperation of "all countries", and Chinese leaderXi Jinping spoke directly afterwards, calling on BRICS countries to "oppose politicisation" of the process.[54]
In May 2023, South Africa announced that it would be givingdiplomatic immunity to Vladimir Putin and other Russian officials so that they could attend the 15th BRICS Summit despite theICC arrest warrant for Putin.[55][56] In July 2023, the Russian president announced that he would not personally attend the BRICS summit in Johannesburg on 22–24 August despite good relations with the South African government. Russian news channels noted that Putin would remotely participate online in all BRICS leaders' sessions, including its Business Forum, and also deliver his remarks virtually.[57]
In the first 15 years of BRICS, it produced hundreds of decisions and complied with a majority of them.[16] BRICS has established almost 60 intra-group institutions and a network including think tanks and dialogues in various areas. The group has an agenda of over 30 subjects.[16] These groups include: BRICS Business Council, BRICS Think Tanks Council, BRICS Women's Business Alliance, BRICS Business Forum, and the BRICS Academic Forum.[5][23] At Kazan the establishment of a BRICS Deep-Sea Resources International Research Center and a BRICS Digital Ecosystem Cooperation Network was announced.[58]
In 2021, BRICS formally agreed to work together to build a satellite constellation and share remote sensing satellite data from this.[59] The constellation will have six existing satellites from China, Russia and India.[60] In 2023, Russia proposed that the other BRICS members could build a joint research station on its space station.[61]
Discussions
BRICS has been involved in discussions related to areas of conflict and humanitarian crises such as Afghanistan,[62][63] Gaza, Lebanon,[64] Sudan, Haiti,[65] Syria[66][67] and Ukraine.[68][69] NATO air strikes in Libya were discussed during the third summit.[70] In 2023, South African chair President Cyril Ramaphosa condemned the Gaza war.[71] In 2024, a joint statement slamming Israel's attacks in Gaza was made by the foreign ministers of BRICS.[72]
2024 expansion
Kazan hosted the first plenary session of the 16th BRICS Summit in the Outreach/BRICS+ format
In August 2023, at the15th BRICS summit, South African PresidentCyril Ramaphosa announced that six emerging market group countries (Argentina, Egypt, Ethiopia, Iran,Saudi Arabia, and the United Arab Emirates) had been invited to join the bloc. Full membership was scheduled to take effect on 1 January 2024.[73][74][75]
However, theArgentine general election in November 2023 led to a change in president toJavier Milei, who had committed to withdraw the country's membership application.[76] On 30 November 2023, incoming Foreign Minister of ArgentinaDiana Mondino confirmed that Argentina would not join BRICS.[77] On 29 December 2023, the Government of Argentina sent a letter to all BRICS leaders to officially announce its withdrawal from the application process.[78]
By January 2024, Egypt, Ethiopia, Iran, and the United Arab Emirates joined the bloc making BRICS membership grow from five to nine countries, while Saudi Arabia delayed its membership.[79] Saudi Arabia did not join BRICS at the start of 2024 as had been planned, and it announced in mid-January that it was still considering the matter.[80] As of April 2024, the matter is still under consideration.[81] The organizers touted the expansion as part of a plan to build a competingmultipolarworld order that usesGlobal South countries to challenge and compete against the western-dominated world order.[82]China Daily used the expansion to claim that more developing countries were interested in joining BRICS.[83]
On 24 October 2024, an additional 13 countries, namelyAlgeria,Belarus,Bolivia,Cuba, Indonesia,Kazakhstan,Malaysia,Nigeria,Thailand,Turkey,Uganda,Uzbekistan andVietnam, were invited to participate as "partner countries".[84] The partner status would allow these countries to engage with and benefit from BRICS initiatives.[85] It is unclear whether the countries in this tier have received official membership invitations.[86]
2025 expansion
On 6 January 2025, Indonesia joined BRICS officially as a full member,[87] making it the firstSoutheast Asian state to join the bloc, as well as the 10th member of BRICS. Jakarta's bid got the green light from the bloc in 2023, but the Southeast Asian country asked to join following thepresidential election held in 2024.[10] 2025's BRICS presidency leader and Brazil's Lula announced their official entry. Indonesia's history with the original BRIC members goes back to 2009, when some observers referred to a theorized grouping as "BRICI" given Indonesia's growing and stable economy and ties to India and China.[88][89][90][91]
The partnerships that were announced in the previous year, went into effect in January 2025 as well. Nigeria joined the partnership countries on 17 January.[92]
Statistics
BRICS+ accounts for 46% of the world's population,[93] and 25% of the world's landmass.[94] The economy of the BRICS has risen by 356.27% between 1990 and 2019.[95] In 2022, BRICS+ share of world GDP at purchasing power parity (PPP) is 35.6%.[93] Intra-BRICS trade was US$614.8 billion as of 2022.[96] BRICS has 4,716 centi-millionaires and 549 billionaires.[97] BRICS+ countries have over 1200 satellites in orbit.[98] BRICS have 40 percent of existing internet users worldwide.[99] In 2022, more than 87% of Russians use digital payments followed by China at 86%, and then South Africa at 81% and Brazil at 77%, and lastly India at 35%.[100]
A graph illustrating the estimated nominalGDP (Nominal) share of the BRICS and G7 countries from 1990 to 2025
Brazil, India, and China are among the world's tenlargest countries by population,area, and gross domestic product (GDP, nominal andPPP). All five initial member states are members of theG20,[citation needed] with a combined nominal GDP ofUS$28 trillion (about 27% of the gross world product), a total GDP (PPP) of around US$65 trillion (35% of global GDP PPP), and an estimated US$5.2 trillion in combined foreign reserves (as of 2024).[101][non-primary source needed] BRICS generated close to 32% of global economic output (GDP PPP) in 2022.[102] The expanded BRICS+ generates 36% of global GDP.[102]
Taking into account the GDP PPP of the BRICS+, China accounts for 52%.[93] Economically the group represents $28.5 trillion.[103] BRICS+ has a larger GDP than both the G7 and the EU.[104] The share of the Chineserenminbi in total intra-BRICS trade transactions is about 47%.[105][106] In 2017 BRICS accounted for 19% of global investment inflows.[107]
Percent of share ofG7 and BRICSGDP (PPP) in world economy as from 1990 to 2022
In 2024 theinformality rate was 62% while the labour force participation was 60.8%.[108] BRICS+ oil production is almost 30% of global oil output.[109] BRICS contribute to 45% of the global agricultural products.[95] BRICS countries produce 42% of the world's wheat, 52% of rice, and 46% of soybeans.[110]
According toEconomist Intelligence Unit, the collective size of the economies of BRICS+ will overtake G7 after 2045.[109] United States and United Kingdom have been the top two investors in the bloc in terms of FDI stock in 2020.[111] Among the 10 wealthiest cities of the group, 5 are in China, 2 in UAE and India, and 1 in Russia.[112]
Leaders' meetings (or leaders' summits) are held once a year on a rotating basis.[116] The group at each summit elects one of the heads of state of the component countries to serve as PresidentPro Tempore of the BRICS.[citation needed] A number of ministerial meetings are held during the year, for example, between foreign ministers, finance ministers, central bank governors, trade ministers and energy ministers.[116] Technical level meetings focus on project implementation and technical exchanges, such as the meeting of BRICS heads of national statistics offices.[116] There are working groups on technology, culture, education, health etc. Specialized forums exist such as the BRICS Business Forum, and the BRICS Think Tank Council.[116] The BRICS has neither a permanent seat or secretariat.[117]
In 2019, the President Pro Tempore position was held by the president of Brazil.[118] The priorities of the Brazilian Pro Tempore Presidency for 2019 were the following: strengthening the cooperation in science, technology, and innovation, enhancement of the cooperation on digital economy, invigoration of cooperation on the fight againsttransnational crime — especially organized crime, money laundering, and drug trafficking, and rapprochement between the New Development Bank (NDB) and the BRICS Business Council.[119] In 2024 BRICS President Pro Tempore was from Russia and their goals were: investing in BRICS countries to strengthen their economies, cooperating in the energy and environmental industries, helping with young children, and coming up with resolutions on migration and peacekeeping.[120] Brazil has the current Pro Tempore Presidency in 2025.[121]
Leaders' summits
The grouping has held annual summits since 2009, with member countries taking turns to host. Before South Africa's admission, two BRIC summits were held, in 2009 and 2010. The first five-member BRICS summit was held in 2011 in China. The first nine-member BRICS summit was held in 2024 in Russia. The 2020, 2021, and 2022 summits were held via video-conference due to theCOVID-19 pandemic.
The summit was to discuss the global recession taking place at the time, future cooperation among states, and trade. Some of the specific topics discussed were food, trade, climate trade, and security for the members. They called out for a more influential voice and representation for up-and-coming markets. Note at the time South Africa was not yet admitted to the BRICS organization.[122]
First summit to include South Africa alongside the original BRIC countries. The third summit had members debating on the global and internal economies of countries.[122]
The fourth summit discussed how the organization could prosper from the global recession and how they could take advantage of that to help their economies. BRICS had the intention of improving their global power and providing adequate development for their state. TheBRICS Cable announced; anoptical fibresubmarine communications cable system that carries telecommunications between the BRICS countries.[123]
The fifth summit discusses the New Development Bank proposition and Contingent Reserve Agreement. BRICS also announced the Business Council and its Think Tank Council.[123]
Joint summit withSCO-EAEU. The seventh summit discussed global political and economic problems and better ways to foster cooperation among member states.[122]
Joint summit withBIMSTEC. The eighth BRICS summit debated on topics like counterterrorism, economies, and climate change. BRICS also issued theGoa Declaration and Action Plan, hoping to harden their relationships.[122]
Joint summit with EMDCD. The ninth summit was an event that talked about a bright future for BRICS and what their intended goals were. They also covered and debated international and regional issues with one another.[122]
The theme of the 11th BRICS summit was "BRICS: economic growth for an innovative Future". The summit discussed advancements in the BRICS's science and innovation fields. Primarily trying to advance technology and digital currency. They made mutual agreements to help stop drug trafficking and organized crime; both internationally and internally.
Joint summit with SCO. Discussing a mutual agreement on helping BRICS member countries to foster better living standards and quality of life for each country's people. Plans on focusing on peace, economies, and cultural societal issues.[130]
Over 150 events and meetings were concluded during the year. These included the Leaders' Summit, the meeting of the Foreign Ministers, the meeting of the National Security Advisers and a total of close to 20 other Ministerial meetings including Finance, Trade, Industry, Agriculture, Energy.[131][132]
A major development on the summit was the creation of a new, basket type reserve currency. The currency, which is challenging the US dollar, combines BRICS currencies and is backed by precious metals.
Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates were invited to join the bloc. Full membership was scheduled to take effect on 1 January 2024.[74][75] On 29 December 2023, the Government of Argentina sent a letter to all BRICS leaders officially declining the invitation to join the bloc.[78] Saudi Arabia has not yet confirmed its acceptance.[133]
Delegations from 35 countries and six international organisations participated.[134] Attendance included 22 heads of state or government and UN Secretary-General.[135] Discussions on membership and a new payments system aside, there were over 200 side meetings spread out through 2024.[135][136] It was the first summit that Egypt, Ethiopia, Iran, and the United Arab Emirates attended as member states.[137][138]
It was the first meeting with Indonesia as a member state.[139][140][141] The summit released a declaration on the importance of artificial intelligence regulation.[142][143] Prior to the leader's meeting, the group released a statement denouncing trade protectionism in the context of thesecond Trump administration'sglobal tariffs.[144]
The New Development Bank (NDB) is based inShanghai.The New Development Bank (NDB) and Contingent Reserve Arrangement (CRA) were signed into treaty at the 2014 BRICS summit in Brazil.
The group is dominated byChina, which has the largest share of the group's GDP, accounting to about 70% of the organization total.[12]
The financial architecture of BRICS is made of theNew Development Bank (NDB) and the Contingent Reserve Arrangement (CRA). These components were signed into a treaty in 2014 and became active in 2015.
The New Development Bank (NDB), formally referred to as the BRICS Development Bank,[153] is amultilateral development bank operated by the five BRICS states. The bank's primary focus of lending is infrastructure projects[154][155] with authorized lending of up to $34 billion annually.[155] South Africa hosts the African headquarters of the bank.[156] The bank has a starting capital of $50 billion, with wealth increased to $100 billion over time.[157] Brazil, Russia, India, China, and South Africa initially contributed $10 billion each to bring the total to $50 billion.[156][157] As of 2020, it had 53 projects underway worth around $15 billion.[158] By 2024 the bank had approved more than $32 billion for 96 projects.[159]
In 2021, Bangladesh, Egypt, the United Arab Emirates and Uruguay joined the NDB.[160]
The BRICS Contingent Reserve Arrangement (CRA) is a framework for protecting against global liquidity pressures.[154][157][161] This includes currency issues where members' national currencies are being adversely affected by global financial pressures.[154][161] Emerging economies that experienced rapid economic liberalization went through increased economic volatility, bringing an uncertain macroeconomic environment.[162] The CRA competes with theInternational Monetary Fund (IMF). Along with theNew Development Bank, it is an example of increasing South-South cooperation.[154] It was established in 2015 by the BRICS countries. The legal basis is formed by theTreaty for the Establishment of a BRICS Contingent Reserve Arrangement, signed in Fortaleza in July 2014. With its inaugural meetings of the BRICS CRA Governing Council and Standing Committee, held on 4 September 2015, in Ankara, Turkey.[163] It entered into force upon ratification by all BRICS states, announced at the7th BRICS summit in July 2015.
At the2015 BRICS summit in Russia, ministers from the BRICS states initiated consultations for a payment system that would be an alternative to theSWIFT system. The stated goal was to initially move to settlements in national currencies.[164] TheCentral Bank of Russia highlighted the main benefits asbackup and redundancy in case there were disruptions to the SWIFT system.[165]
BRICS countries committed to study the feasibility of a newcommon currency or similar, at the 2023 BRICS summit in South Africa.[167][168][169] Fair and easierinternational trade, as well as a major reduction incosts of transactions, would be some of the reasons for the countries to forge a currency union.[170]
BRICS Bridge — a successor toMBridge, and probably a merger withBRICS PAY — makes it possible for central banks to support cross-border transactions and payments with their owncentral bank digital currency (CBDC) based on an automaticCross-Border Interbank Payment System for settlement and clearance. It is designed to be independent of any single nation or central bank, and every central bank can opt out and has control of their CBDC exchange rate.[171][172][173][174][175]
One alternative for the currency name has been labelled as "R5" (from the five currencies renminbi, ruble, rupee, real, and rand), or with other multilateral.[176] A symbolic banknote was unveiled during the 16th summit in Kazan, Russia.[177][178]
In parallel with institutional initiatives, a proposal has been put forward for a supranational currency known asUNIT, designed by the International Reserve and Investment Asset System (IRIAS).[179] Each coin would be backed by a fixed reserve basket of 40% physicalgold and 60%fiat currencies, with its value measured in a gold-equivalent standard.[180] The system is designed to be decentralized, allowing qualified nodes (sovereign or private) to mint tokens by depositing the required assets. While not an official BRICS initiative, it has been discussed as a potential mechanism to facilitate cross-border trade and investment, reduce reliance on single-nation reserve currencies, and enhance financial multipolarity.[181]
At the16th BRICS Summit inKazan in October 2024, the Kazan Declaration emphasized adherence to the UN Charter and supported diplomatic efforts for apeaceful resolution to the conflict in Ukraine. It expressed deep concern over the humanitarian situation in the Palestinian Territory, particularly the escalation ofviolence in Gaza and theWest Bank, which resulted in significant civilian harm and displacement. The declaration also noted alarm over thesituation in Southern Lebanon and called for an immediate cessation of hostilities. Additionally, it highlighted the adverse impact of unilateral sanctions on the global economy and the achievement of sustainable development goals.[182]
At the BRICS session on Peace and Security during the17th BRICS Summit in Brazil, the leaders echoed and amplified India's concerns on terrorism while adopting a resolution condemning the2025 Pahalgam attack. The declaration stated that the BRICS nations "condemned in the strongest terms the terrorist attack in Jammu and Kashmir on April 22, 2025." It called for combating terrorism "in all its forms and manifestations, including the cross-border movement of terrorists, terrorism financing and safe havens." While Pakistan was not directly named, the reference to cross-border terrorism, according to Indian sources, was widely interpreted as aimed at Islamabad. The leaders further urged a stance of zero tolerance, stating that BRICS "rejected double standards in countering terrorism" and called for the "expeditious finalization and adoption of theComprehensive Convention on International Terrorism in the UN framework", as well as "concerted actions against all UN-designated terrorists and terrorist entities."[183]
Reception
World analysts have highlighted potential divisions and weaknesses in the grouping, including significant economic instabilities,[184][185][186][187] disagreements among the members overUN Security Council reform,[188] and India and China's disputes[189] over territorial issues.[190] There is scope for multilateralism in space,[191] and collaboration in the space governance sector.[192]
ILO Director-GeneralGuy Ryder has positively received joint declarations and statements of the Labour and Employment Ministers of the BRICS over the years.[193][194][195] These statements cover decent work,[193] social dialogue,[194] green jobs, skills development, and workers' protection.[195]
Belgium
Christian E. Rieck of theGlobal Governance Institute writes in October 2024 that China's relative power distribution in BRICS is "4+1".[196] He notes how China has pushed for enlargement, while India and Brazil have wanted to maintain the group's exclusive relationship with China as well as its non-western stance.[196] According to Rieck, although BRICS supports multipolarity and non-alignment, it also does not take an explicitly anti-western stance.[196] He also argues that BRICS' efforts to construct new financial architectures should not be actively challenged, as that will only be counter-productive, and that Europe should not feel threatened by BRICS.[196]
Alicia García-Herrero, who writes for the think tankBruegel, argued that the West should note the anti-West sentiment developing amongst BRICS, and that the West needs to offer the Global South better economic deals.[197]
Reinhold Brender of theEgmont Institute wrote in November 2024 that the pivot toward BRICS by a number of countries in the Global South, especially visible during the Kazan summit, should be a "wake-up call" for the EU.[198] To address this, Brender argued that the EU should think beyond BRICS in relation to the Global South.[198]
Brazil
In 2014 results of an opinion poll of 1881 respondents resulted in only 4% knowing what BRICS stood for; while in 2019 only 3% of 1849 respondents knew what the acronym stood for.[199]
The five leaders of BRICS inBrasília, Brazil, in November 2019Former Brazilian presidentJair Bolsonaro welcoming the BRICS leaders
Canada
Alissa Wang, co-chair, summit studies, BRICS Research Group, University of Toronto, in a presentation prepared in July 2023, discusses that the possibility of BRICS becominganti-Western is not likely.[200] The group consists of three democracies – Brazil, India, South Africa, and two non-democratic regimes – Russia, China –, this political diversity limits the group uniting on an anti-western stance.[200] Further a BRICS expansion would strengthen the group economically but political jointness could be negatively affected.[200]
In March 2025, the government-affiliated think tank Shanghai Institutes for International Studies (SIIS) published a report where they said that BRICS was not an anti-Western entity but a non-Western entity seeking a "just and reasonable post-Western order".[116][202]
France
French President Emmanuel Macron sought to become the first western leader at a BRICS summit in 2023.[203] Russia's Foreign Ministry stated that it would be "unsuitable" and that France's participation would not help BRICS reach the goals of developing countries in a multipolar world.[204]
Germany
AFriedrich Ebert Foundation perspective from September 2013 notes how BRICS members, for the first time, with Russia as an exception, are really acting on an international level.[205]
German diplomatReinhard Butikofer, following the announcement of the expansion of BRICS in 2023, stated that developing countries may turn to BRICS "if Europe fails to prove its reliability and credibility as a fair partner".[206]
AFriedrich Naumann Foundation for Freedom policy paper explains that while the expansion of BRICS is a wake up call, the EU or Germany need not make any direct formal contact with BRICS until the goals of BRICS are officially defined.[207] "Western-oriented BRICS countries ... should be more closely integrated into global governance."[207]
In 2014, the IndianMarxist authorVijay Prashad raised the limitations of the BRICS as a political and economic "locomotive of the South" because they followneoliberal policies. They have neither established new counter-balancing institutions nor come up with an alternative ideology. Furthermore, the BRICS project, argues Prashad, cannot challenge the primacy of the United States andNATO.[208]
Speaking at the BRICS summit in 2014, Prime MinisterNarendra Modi said that "reform of institutions of global governance ... has been on the BRICS agenda since its inception."[209][210]
In 2016Brahma Chellaney writes whether BRICS will be able to construct institutionalized structures including "institutionalized cooperation".[211] He writes that BRICS is "the first important non-Western global initiative of the post-Cold War world".[211]
TheSino-Indian border dispute, for example during the2020 Galwan Valley clash, has been a bilateral non-issue for BRICS.[212][213] In another case where a BRICS summit acted as a "forcing event", theDoklam standoff in 2017, India stated that it may pull out of the 2017 BRICS Xiamen Summit, causing China to pull back its troops and India to attend the summit.[212] During the 2023 BRICS summit China and India agreed to make efforts to address border issues. However, following the 2023 BRICS summit, China released a disputed map.[214]
Ashok Malik comments that amid new BRICS members and partners, India should ensure the group doesn't get a "distortionary ideological edge".[215]
In 2024, India's External Affairs MinisterS Jaishankar has stated "because you won't let us into the G7 club" with reference to India's participation in BRICS and the current trend of global governance for emerging economies and rising powers.[216][217] The EAM also stated that G7 exists despite G20, so BRICS should also be allowed to exist.[109][218]
Prior to the Kazan summit, Prime Minister Narendra Modi stated that BRICS was never meant to be against anyone or be anti-western, and that it is only non-western.[219] At the Kazan summit the Prime Minister stated "We must be careful to ensure that this organization does not acquire the image of one that is trying to replace global institutions".[220]
Indian diplomatMeera Shankar noted "the new payment systems discussed in BRICS are still in the exploratory phase and do not pose a challenge to the dominance of the US dollar in the medium term."[103]
The central bank of India,Reserve Bank of India, GovernorShaktikanta Das, stated in December 2024 thatdedollarization for India was only a part of "derisking" Indian trade and reducing dependence on any one currency since that may become "problematic".[221] While a BRICS currency had been raised by a member state, nothing specific was decided.[221] He also compared the Euro, and stated how nations in Euro countries are located in close proximity while that is not the case of BRICS.[221] This was in response to a question about President-elect Trump warning about tariffs.[221]
Former ambassadorD. Bala Venkatesh Varma, in an interview with the think tank India Foundation, states that India's stance in BRICS is "pro-India" and "claiming that BRICS is dominated by China is an exaggeration".[222]
At the17th BRICS Summit held inRio de Janeiro on 7 July 2025, Indian Prime MinisterNarendra Modi stated that India would give a "new form" to the BRICS grouping during its presidency in 2026. He proposed redefining BRICS as "Building Resilience and Innovation for Cooperation and Sustainability" and emphasized a people-centric approach, drawing parallels with India's G-20 presidency where theGlobal South was prioritized. Modi affirmed that India would advance BRICS with a focus on "humanity first," highlighting the need for joint global efforts to address common challenges such as pandemics and climate change.[223] Modi also called for urgent reform of global institutions to reflect the realities of the 21st century, emphasizing greater representation for the Global South and criticizing outdated structures like theUN Security Council and World Trade Organization.[183]
Stance on terrorism
At the16th BRICS Summit, Indian Prime Minister Narendra Modi reiterated India's firm stance against terrorism, urging unified action and warning against "double standards" in tackling terror and its financing. He called on BRICS nations to work together to prevent youth radicalization and pushed for early adoption of the Comprehensive Convention on International Terrorism at the UN, highlighting India's call for credible and consistent global counter-terrorism efforts.[224]
At the 17th BRICS Summit, Prime Minister Modi strongly condemned the2025 Pahalgam Attack, calling it a "direct attack on the soul, identity and dignity of India" and a blow to all of humanity. He urged the international community to reject double standards on terrorism, stating that "condemning terrorism should be our principle, not just a convenience," and emphasized that there should be no hesitation in imposing sanctions against terrorists, regardless of political considerations. Subsequently, the BRICS declaration acknowledged India's concerns, stating, "We condemn in the strongest terms the terrorist attack in Jammu and Kashmir on April 22, 2025, during which 26 people were killed," in reference to the Pahalgam attack.[183]
Stance on conflicts
At the16th BRICS Summit in Kazan, Prime Minister Narendra Modi reaffirmed India's commitment to diplomacy and dialogue, stating that "India stands for peace, not war." He reiterated India's position on theRussia-Ukraine conflict, emphasizing the importance of a peaceful resolution through engagement and negotiation. Modi's remarks underscored India's broader approach to global conflict—favoringmultilateralism and adherence to the principles of theUnited Nations Charter.[224]
Iran
Iran's admission as a member in 2023 has been touted by the country as a "strategic success".[225][226]Sayyid Ebrahim Raisolsadati, as president stated, "the global confidence in the effectiveness of BRICS is increasing".[227] Foreign MinisterHossein Amir Abdollahian stated that Iran's membership will help in strengthening the multilateralism of BRICS.[228]
In 2015, President Vladimir Putin stated that despite BRICS being a young organisation, it has already been effective.[229] The five countries "are playing an active part in shaping a multipolar world order and developing modern models for the world's financial and trading systems."[229]
In 2024, President Putin speaking at a BRICS forum said "BRICS is one of the key elements of the emerging multipolar world order, which increasingly reflects the interests and aspirations of the states of both the global South and the East ... we are engaged in an active dialogue in the BRICS plus/outreach format, and are working to establish a category of partner states".[230] At the Kazan summit President Putin made clear that they are not attempting to reject the dollar, but rather getting ready with alternatives to a weaponized dollar.[177]
In a briefing in October 2024Russian Foreign Ministry Spokeswoman said that "BRICS framework is non-confrontational and constructive", and that "it is a viable alternative to a world living by someone else's, alien rules".[5] New members have made BRICS into a stronger representative of the "Global South and East – or the Global Majority".[231] Applications from various countries reinforces BRICS role.[231]
President Putin quoted Prime Minister Narendra Modi in saying that BRICS is not anti-western but non-western.[219]
A poll following the Kazan summit revealed that 39% of 1500 respondents had never heard about BRICS.[232] Among those who had heard of the summit, the informal visual of the BRICS currency banknote was polled as the most unforgettable happening.[232]
Dmitry Medvedev chaired the International Inter-party Forum inVladivostok in the "BRICS and Partner Countries" format, June 2024
In 2025, Victoria Panova, Head of the BRICS Expert Council—Russia, has stated that while BRICS aims to make a fairer world order, it "doesn't have an aim of expansion as an aim in itself." The aim isn't to duplicate the UN's Assembly General.[233]
In March 2025, President Putin has suggested that BRICS countries could be a part of theUkraine peace process.[234]
According toValdai Discussion Club's Dmitry Suslov in October 2024, there are many intra-BRICS disagreements.[235] Firstly, prior cooperation and current relationship with the West is a major factor in making decisions where BRICS countries are concerned.[235] Secondly, the speed of decision making varies with respect to making changes in economic governance, say when it concerns a new currency or settlement mechanism.[235] Third, bilateral relations between countries such asChina and India andSaudi Arabia and Iran have not always been amicable.[235]
Ukraine
In an October 2024 interview to The Times of India, PresidentZelensky said that theKazan summit in Russia was a total failure.[236] President Zelensky also criticized the presence of UN secretary general at the summit.[236] The office of the UN secretary general clarified his participation, referring to BRICS' role "in boosting global co-operation".[237]
United States
On 9 April 2013,Isobel Coleman, a director at the American think tankCouncil on Foreign Relations, and later U.S. representative to the UN, claimed that the BRICS members share a lack of consensus. They uphold drastically different political systems, from vibrant liberal democracies in Brazil and South Africa to entrenchedoligarchy in Russia, and their economies are poorly integrated and differ in size by orders of magnitude. She also claimed that the significant difference in GDP influences the reserves: China accounts for over 41% of the contribution, which in turn leads to its bigger political say within the association.[238]
A multi-year study atTufts University published in July 2023 found that the "common portrayal of BRICS as a China-dominated group primarily pursuing anti-U.S. agendas" was misplaced. The study asserted: "The BRICS countries connect around common development interests and a quest for a multipolar world order in which no single power dominates. Yet BRICS consolidation has turned the group into a potent negotiation force that now challenges Washington's geopolitical and economic goals".[239]
According to theAtlantic Council's Thomas Hill in December 2023, thede-dollarization efforts within BRICS, particularly in North Africa, present a significant challenge to US interests.[176] Replacing the dollar could limit the US's ability to run deficits and maintain low interest rates, and undermine the effectiveness of US sanctions andSWIFT.[176]
Michael Kugelman writes in BBC that "Brics projects meant to reduce reliance on the US dollar likely aren't viable, because many member states' economies cannot afford to wean themselves off of it."[240]
In November 2024 in a post onTruth Social, United States president-electDonald Trump threatened a 100% U.S. tariff on countries that pursued a BRICS currency or moved to favor another currency instead of the U.S. dollar.[242][243] As U.S. president he announced the same on his first day in office during his second term.[244][245] On 31 January 2025, President Trump posted on Truth Social to "go find another sucker Nation" with respect to BRICS.[246] In February 2025, in a press briefing, he stated that "BRICS is dead".[247][248] He went on to say that BRICS is silent following his "150%" tariff threat.[249][250]
Joseph Nye writes in January 2025 that BRICS, "as a means of escaping diplomatic isolation, it is certainly useful to Russia";[251] the same goes for Iran.[252] Nye writes that the expansion of the BRICS could bring in more "intra-organizational rivalries", limiting the groups' effectiveness.[251]
Melissa Pistilli writes that at the 2024 BRICS summit President Putin seemed to back away from "aggressive calls for de-dollarization [...] but rather to deter the "weaponization" of the US dollar".[253]
United Kingdom
After the August 2023 BRICS Summit,Con Coughlin—defense and foreign affairs editor atThe Daily Telegraph—claimed "the challenge BRICS presents to the established world order seems destined to failure" and accused the organization of being used by China as a vehicle for expanding its global influence. Coughlin also noted the contradictions within the organization, such as theborder dispute between China and India, and called for greater Western engagement with India as part of a new strategic alliance.[20]
In 2024,Jim O'Neill comments the grouping merely generates rhetoric and symbolism.[27]
Global opinion
According to aGallup International poll conducted between October and December 2023, almost a third of people around the world had never heard of BRICS butWestern countries were much more negative towards the alliance than elsewhere. The most negative attitudes were found in Sweden (45%), Spain (30%), the USA (30%), Portugal (29%), and Ukraine (29%) while the most positive net attitudes were in Russia (38%), Iran (37%), Nigeria (36%), Saudi Arabia (33%), and Malaysia (32%). In India, 36% had a positive view of BRICS while 29% had a negative view.[254][255]
^abcAfota, Amandine; Burban, Valentin; Diev, Pavel; Grieco, Fabio; Iberrakene, Théo; Ishii, Karine; Lopez-Forero, Margarita; Paul, Quentin; Sammeth, Frank; Valadier, Cécile (13 February 2024)."Expansion of BRICS: what are the potential consequences for the global economy?".Bank of France Bulletin. Bulletin No. 250, article 2. Bank of France. Archived fromthe original on 26 February 2024.
^Korostovtseva, Yekaterina (5 March 2024).Юрий Ушаков: БРИКС на деле выражает интересы мирового большинства [Yuriy Ushakov: BRICS expresses the interests of the world majority in practice] (in Russian). TASS.Archived from the original on 18 April 2024. Retrieved18 April 2024.«Главным событием российского председательства, разумеется, станет саммит БРИКС в Казани 22–24 октября». [The main event of Russia's chairmanship will, of course, be the 22–24 October BRICS summit in Kazan.]
^Biziwick, Mayamiko; Cattaneo, Nicolette; Fryer, David (2015). "The rationale for and potential role of the BRICS Contingent Reserve Arrangement".South African Journal of International Affairs.22 (3):307–324.doi:10.1080/10220461.2015.1069208.S2CID153695521.
^abcWang, Alissa (5 July 2023)."The Evolving BRICS".brics.utoronto.ca University of Toronto.Archived from the original on 10 October 2023. Retrieved12 February 2025.
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