Page 42 - Issue 58

Vol. 1 Issue 58 August 2023 ELITE

Brics....From a Political Perspective

rana Ahmed- Fourth year- Political Science- rana.farooq2020@feps.edu.eg

BRICS is an economic grouping that On the surface, it seems strongly

brings together Brazil, Russia, India, consistent due to what has been
China, and South Africa, as well as mentioned, but this vision may be

six new countries such as Saudi narrow because it depends only on
Arabia, the United Arab Emirates, the economic dimension. However,
Egypt, Argentina, Ethiopia, and Iran. if we look at the political side, we
The importance of the integration of will find a structure that includes

the economy lies in the fact that it countries that are not only different
visions but competing or greatly
comprises the decision to 40% of the
contradictory. For example, if we
world's population, and constitute
look at the founding countries, we
about 25, 9% of global GDP for the
find India and China United despite
year 2022, and resulted in the
their border disputes as well as their
establishment of the Bank Asian
disputes over water resources,
Bank of development as an
which is also an existing problem
alternative to the World Bank and the
between the two newly acceding
International Monetary Fund
countries: Egypt and Ethiopia.
All this comes within the framework
The question remains: Will the
of strengthening the economies of
coalition be able to put aside these
these emerging countries (ex) and political differences or will they
ending the American hegemony, so stand in the way of achieving its
the goals focused on creating a global goals

balance in the framework of the
41 economy, strengthening

infrastructure, enhancing political

and economic integration of these
countries