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 <p><span style="font-weight: 400">The </span><span style="font-weight: 400"><a rel="noopener noreferrer nofollow" title="BRICS" href="https://thebittimes.com/tag/brics.html">BRICS</a></span><span style="font-weight: 400"> alliance, which consists of Brazil, Russia, </span><span style="font-weight: 400">India</span><span style="font-weight: 400">, China, and South Africa, has long been recognized as a formidable force in international relations, encompassing a substantial portion of the world’s population, economic output, and geopolitical influence.&nbsp;</span></p>  
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 <h2 id="strong-brics-expansion-key-point-in-joint-declaration-strong"><strong>BRICS Expansion: Key Point in Joint Declaration</strong></h2> 
 <p><span style="font-weight: 400">The </span><span style="font-weight: 400">announcement</span><span style="font-weight: 400"> was made during the second day of the recent <a rel="noopener noreferrer nofollow" title="BRICS" href="https://thebittimes.com/tag/brics.html">BRICS</a> Summit held in Johannesburg, which commenced with a bilateral meeting between Prime Minister Narendra Modi of India and South African President Cyril Ramaphosa.</span></p> 
 <p><span style="font-weight: 400">Among the notable topics of discussion was India’s proposal to grant the African Union a permanent seat in the G20, a proposition that enjoys support from fellow <a rel="noopener noreferrer nofollow" title="BRICS" href="https://thebittimes.com/tag/brics.html">BRICS</a> nations. Modi expressed optimism about the approval of this proposal, underscoring the unity of purpose within the alliance.</span></p> 
 <p><span style="font-weight: 400">In his address, Prime Minister Modi reiterated India’s endorsement of expanding the <a rel="noopener noreferrer nofollow" title="BRICS" href="https://thebittimes.com/tag/brics.html">BRICS</a> alliance through consensus, affirming the bloc’s collective commitment to strengthening its ranks.&nbsp;</span></p>  
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 <p><span style="font-weight: 400">He also highlighted India’s contributions to key sectors such as railway research networks, cooperation among Micro, Small, and Medium-sized Enterprises (MSMEs), and the dynamic field of start-ups. Modi acknowledged the substantial progress achieved in these sectors as a testament to the tangible outcomes of <a rel="noopener noreferrer nofollow" title="BRICS" href="https://thebittimes.com/tag/brics.html">BRICS</a> collaboration.</span></p>  
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 <p><span style="font-weight: 400">Modi also praised South Africa’s BRICS chair for emphasizing the Global South states. He emphasized India’s own commitment to prioritize Global South countries during its G20 chairmanship.&nbsp;</span></p> 
 <p><span style="font-weight: 400">Interestingly, Modi shifted his focus to space exploration, announcing the start of development on the BRICS satellite constellation. He did, however, urge for the formation of a BRICS space exploration consortium to increase collaboration in this area.&nbsp;</span></p> 
 <h2 id="strong-emphasis-on-co-operation-and-multilateralism-strong"><strong>Emphasis on Co-operation and Multilateralism</strong></h2> 
 <p><span style="font-weight: 400">Furthermore, Chinese President Xi Jinping joined the chorus of leaders addressing the assembly. President Xi also used the occasion to address a major issue on the world stage: the lingering specter of the “Cold War mentality” that continues to loom over international relations.&nbsp;</span></p> 
 <p><span style="font-weight: 400">He advocated for mutual respect for the many modernization pathways that countries select for themselves, opposing ideological rivalries, systemic confrontations, and civilizational disputes.</span></p> 
 <p><span style="font-weight: 400">The BRICS alliance has gained more traction in recent times with several nations including Argentina, Saudi Arabia and Morocco among others </span><span style="font-weight: 400">indicating interest</span><span style="font-weight: 400"> to join the bloc as concerted effort is made to stump the dominance of the US Dollar.</span></p> 
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Breaking: BRICS Leaders Agreed to Expand Alliance

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