Why Pakistan Hasn’t Got BRICS Membership Even After Years Of Trying?
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Source: NewsX | Original Published At: 2026-09-12 03:24:33 UTC
Key Points
- Pakistan has sought BRICS membership since November 2023 and submitted a formal application.
- Pakistan purchased a $580 million stake in the BRICS-backed New Development Bank as part of efforts to diversify its financial options.
- BRICS expanded last year to include Egypt, Ethiopia, Iran and the UAE, forming what is often called BRICS Plus.
- The bloc represents about 49% of the world's population and around 40% of global GDP on a purchasing power parity basis.
- BRICS admission operates on a consensus-based system requiring unanimous approval from existing members.
- India has consistently withheld approval, blocking Pakistan's entry despite reportedly quiet backing from Russia and China.
- India's exports to BRICS nations rose 48.8% from $64.3 billion to $95.7 billion.