30 September 2024

The Battle for the BRICS

Alexander Gabuev and Oliver Stuenkel

In late October, the group of countries known as the BRICS will convene in the Russian city of Kazan for its annual summit. The meeting is set to be a moment of triumph for its host, Russian President Vladimir Putin, who will preside over this gathering of an increasingly hefty bloc even as he prosecutes his brutal war in Ukraine. The group’s acronym comes from its first five members—Brazil, Russia, India, China, and South Africa—but it has now grown to include Egypt, Ethiopia, Iran, and the United Arab Emirates. Saudi Arabia also participates in the group’s activities, but it has not formally joined. Together, these ten countries represent 35.6 percent of global GDP in purchasing power parity terms (more than the G-7’s 30.3 percent) and 45 percent of the world’s population (the G-7 represents less than ten percent). In the coming years, BRICS is likely to expand further, with more than 40 countries expressing interest in joining, including emerging powers such as Indonesia.

Putin will be able to claim that despite the West’s best efforts to isolate Russia after its full-scale invasion of Ukraine, his country not only is far from being an international pariah but also is now a pivotal member of a dynamic group that will shape the future of the international order. That message is not mere rhetorical posturing, nor is it simply a testament to the Kremlin’s skillful diplomacy with non-Western countries or to those countries’ self-interested, pragmatic engagement with Russia.


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