Brics: How an evolving and expanding bloc benefits India

Brics enables India to work with some of its closest friends and espouses principles close to Delhi's heart.

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But this past week, at its annual summit in Russia, the group triumphantly showcased just how far it has come.

Top leaders from 36 countries, as well as the UN Secretary General, attended the three-day event, and Brics formally welcomed four new members - Egypt, Ethiopia, Iran, and the United Arab Emirates. More membership expansions could soon follow. Brics had previously added only one new member - South Africa in 2010 - since its inception (as the Bric states) in 2006.

There’s a growing buzz around Brics, which has long projected itself as an alternative to Western-led models of global governance. Today, it’s becoming more prominent and influential as it capitalises on growing dissatisfaction with Western policies and financial structures.

Ironically, India - perhaps the most Western-oriented Brics member - is one of the biggest beneficiaries of the group’s evolution and expansion.

https://www.bbc.com/news/articles/cly2verz8ggo

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