The BRICS alliance—comprising Brazil, Russia, India, China, and South Africa—has emerged as a significant economic and geopolitical bloc, challenging Western-dominated institutions like the IMF and World Bank. With recent expansions, including Egypt, Iran, UAE, Saudi Arabia, and Ethiopia, BRICS is positioning itself as an alternative to the G7. This raises critical questions: What is the future of BRICS? Can Pakistan join? If yes, how? If not, why? Additionally, how does BRICS compare to other regional blocs like ASEAN and NAFTA (now USMCA)?
BRICS represents 45% of the world’s population and 30% of global GDP (PPP). Its future hinges on: De-Dollarization Efforts – BRICS is pushing for trade in local currencies, reducing reliance on the US dollar. A potential BRICS currency could reshape global finance.
Expansion & Influence – New members (Egypt, Iran, Saudi Arabia) strengthen its geopolitical weight, particularly in energy markets.
Challenges – Internal rivalries (India-China tensions) and economic disparities may hinder deeper integration.
If BRICS succeeds in creating a unified financial system, it could rival the G7, offering developing nations an alternative to Western-led institutions.
Yes, Pakistan Can Join—Here’s How: Strengthen Economic Stability – Pakistan must stabilize its economy (reduce debt, control inflation) to be an attractive candidate. Diplomatic Alignment – Pakistan enjoys strong ties with China and Russia, key BRICS members. It must also improve relations with India (a current BRICS member).
Strategic Importance – Pakistan’s location (CPEC, Gwadar Port) makes it valuable for trade and energy corridors.Formal Application – Pakistan must formally apply, backed by support from China and Russia.
Indian Opposition – India may veto Pakistan’s entry due to geopolitical tensions.
Economic Instability – High debt, inflation, and IMF dependency weaken Pakistan’s case.Western Alignments – Pakistan’s historical ties with the US could be a hurdle if BRICS seeks anti-Western unity.
BRICS is evolving into a powerful alternative to Western economic dominance, but its success depends on overcoming internal divisions. Pakistan has a chance to join, but it must stabilize its economy and navigate geopolitical hurdles, particularly India’s opposition. Compared to ASEAN and NAFTA, BRICS is less integrated but more geopolitically ambitious.
If Pakistan plays its cards right—leveraging Chinese support, improving its economy, and balancing diplomatic relations—it could secure a seat at the BRICS table, opening new avenues for trade, investment, and strategic influence. However, without reforms, it risks being left behind in this shifting world order.
