BRICS is gradually increasing its economic power, becoming a worthy competitor to the G7, Al-Watan writes from Bahrain. Block expansion will only contribute the process. The West is waiting with bated breath for the summit of the group at the end of August 2023.
China and Russia strongly support the requests of important countries in the region to join the BRICS group, especially Saudi Arabia, the United Arab Emirates and Egypt, which are among the 23 countries that have expressed a desire to join this group, including the Kingdom of Bahrain.
The Western world, especially the large industrialized countries or the G7 group, which includes the USA, Great Britain, France, Germany, Italy, Canada and Japan, are aware that after the accession of influential countries in the world economy to the BRICS group, this association can considered a tough competitor “Big Seven”.
The addition of more countries to the BRICS group, such as the aforementioned countries, as well as Algeria, Turkey and Argentina, will increase the economic strength of this group – it will become a force to be reckoned with and end the influence of the West, or at least , reduce it.
BRICS is on the way to become a major economic power in the World.
The Western world is looking forward to the results of the BRICS summit in Johannesburg in about two weeks. I do not rule out that Western countries will deliberately create obstacles that will limit the growth in the number of members of the BRICS group. We will not anticipate events, and we will wait for what will happen at the BRICS summit.
Perhaps a new History in the World economy will be launched.