BRICS invites Saudi Arabia including Saudi Arabi Iran to become new members.

The BRICS group of nations decided at a summit in Johannesburg to invite six countries –

 Argentina,

Egypt,

Iran,

Ethiopia,

Saudi Arabia

United Arab Emirates

Greater Say in Global Affairs:

One is the desire of these countries to have a greater say in global affairs.

The BRICS countries are collectively home to over 40% of the world's population and account for a significant share of the global economy.

However, they are still underrepresented in international institutions such as the United Nations and the World Bank.

Reduce the dominance of the USA and European Union

Another factor driving BRICS expansion is the desire to reduce the dominance of the United States and the European Union in the global economy.

The BRICS countries are increasingly critical of the current international order, which they see as being unfair and biased towards the West.

They believe that expanding BRICS would help to create a more multipolar world order.

Need to agree on criteria for membership:

One is the need to agree on criteria for membership.

The BRICS countries have different economic sizes and levels of development, so it will be important to find criteria that are fair and equitable.

Overcome political differences:

Another challenge is the need to overcome political differences.

Some of the countries that have expressed interest in joining BRICS have poor human rights records or are involved in territorial disputes.

The BRICS countries will need to find a way to deal with these issues if they are to expand the group.

Despite the challenges, there is a growing momentum behind BRICS expansion.

The group is seen as an important vehicle for cooperation between the major emerging economies, and its expansion would further strengthen its influence in the global economy.

It is still too early to say whether BRICS expansion will actually happen.

However, the discussions that have taken place so far suggest that it is a real possibility. If it does happen, it would be a significant development in the global political and economic landscape.

Expansion of BRICS would create the new world order by rejecting the USA and EU dominance in world order. Discuss