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BRICS Expansion in 2025: 20+ Countries Seek to Join the Bloc
The BRICS bloc’s efforts towards de-dollarization and its rising prominence in reshaping global economic dynamics have garnered significant interest from Africa, Asia, and Latin America. In a recent announcement, Yury Ushakov, senior aide to Russian President Vladimir Putin, revealed that more than 20 countries have expressed their intention to establish a structured dialogue with the BRICS alliance.
As part of its expansion plans, the bloc aims to welcome nations that share similar views and ideologies. This significant development has sparked concerns among some quarters about the potential shift in global economic power dynamics.
The BRICS grouping currently consists of Brazil, Russia, India, China, and South Africa. The addition of numerous new members could significantly alter the global financial landscape, potentially undermining the dominance of the US dollar as a reserve currency.
It is essential to note that there has been no official confirmation regarding which countries are actively pursuing membership. However, sources suggest that several African nations have already made inquiries about joining the bloc.
Recent statements by Trump administration officials have also sparked concerns about potential trade wars and tensions in global economic relations. As reported, Trump warned that any country attempting to create a BRICS currency or support an alternative to challenge the US dollar will be denied access to the American market.
This announcement has sparked debate among Republicans, with some senators arguing that tariffs have historically brought results in negotiations. Others view this as part of a broader negotiation strategy.
The article concludes by stating that while no official confirmation has been made regarding new members, the ongoing interest and discussions surrounding BRICS expansion are significant indicators of the changing global economic landscape.
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Source: www.crypto-news-flash.com
