BRICS Summit

Turkey’s attempt to join BRICS might be a strategic move to gain leverage in its stalled EU accession process or to express dissatisfaction with the EU.

Benefits:

• Enhances Turkey’s global influence.
• Facilitates economic cooperation with emerging markets.
• Bolsters Turkey’s political leverage in EU negotiations.

Concerns:

• Could strain relations with the EU and NATO.
• Might undermine Turkey’s credibility within Western alliances.
• Risks diplomatic isolation from Western powers.

India’s stance on expansion:

• India supported the consensus-based expansion of BRICS during the 15th BRICS summit in Johannesburg.
• This expansion strengthens BRICS as a representative of developing countries.
• India has proposed initiatives like creating a BRICS space consortium, investing in skill mapping, technology, and education, and emphasizing cooperation for conservation efforts.
• The expansion aims to make BRICS future-ready by enhancing cooperation, digital solutions, and development initiatives.

Significance for India:

• The inclusion of new members in BRICS is significant for India as it expands partnerships and geopolitical influence.
• However, it also raises concerns about potential pro-China dominance within the alliance.