BRICS+ Group: Major Actor in Genesis of a New International Order
Source: Challenge | Original Published At: 2026-10-03 10:30:00 UTC
Key Points
- BRICS+ originated with the first 2009 summit of China, India, Russia and Brazil, and South Africa joined in 2011.
- The bloc expanded to include Egypt, the United Arab Emirates, Ethiopia and Iran in 2024, while Indonesia joined in 2025.
- The article says BRICS+ represents nearly half the world’s population and more than 35% of global GDP, compared with 30.7% for the G7.
- It describes BRICS+ as seeking deeper reform of global governance, a more multipolar order, and reduced dollar dominance through yuan use and a planned common currency.
- The New Development Bank was inaugurated at the 2015 Ufa summit as an alternative to the World Bank.
- A “partner states” status has been created for countries including Turkey, Nigeria and Vietnam, while the article notes that a war involving Iran could test solidarity and weaken BRICS+.