Pakistan's Bold Move to Join BRICS, Sparking Concerns in India
Pakistan has made its intentions clear it is pushing to become a member of BRICS, the international bloc originally created to counterbalance Western-dominated institutions. Russiaâs backing of Pakistan's bid has raised significant concerns in India, which fears that Pakistanâs entry could strengthen Chinaâs influence within the group, to India's disadvantage.
Russia's Deputy Prime Minister, Alexei Overchuk, voiced strong support for Pakistanâs application during his meeting with Pakistanâs Finance Minister Ishaq Dar, stating: âWe are glad that Pakistan has applied. We will support this.â
However, India remains a staunch opponent. According to experts like Abhishek Sharma from the Observer Research Foundation, India's support is highly unlikely given Pakistanâs limited trade ties with other BRICS members. Since any new membership requires unanimous approval, India's opposition could prevent Pakistanâs entry.
BRICS, founded by Brazil, Russia, India, and China in 2006 (with South Africa joining in 2010), wields considerable global influence. The bloc accounts for 40% of the worldâs population and 31.5% of global GDP, exceeding the G7âs share. With over 40 countries interested in joining, including Pakistan (which applied in November 2023), BRICSâ expansion remains a key focus, especially with Russia hosting the next summit in Kazan this October.
While Chinaâs close ties with Pakistan are driving their expansion agenda, Indiaâs reluctance stems from concerns over further boosting Chinaâs dominance within the bloc. Still, Pakistan remains resolute in its pursuit of membership, despite the challenges ahead. The upcoming BRICS summit will focus heavily on de-dollarization and expanding partnerships, key areas where Pakistan seeks to benefit.
Will Pakistan succeed in joining BRICS despite Indiaâs objections? Stay tuned as this geopolitical chess game unfolds!