BRICS Summit: A Blessing in Disguise

... acronym. Although it is clear that, thus far, expansion could bring more problems than advantages, and, as the President of the Russian Federation said, such questions are not decided “on the spur of the moment,” the summit also demonstrated that BRICS members need to make difficult decisions today. Talks about potential new candidates (Turkey, Argentina and Indonesia) can be held until these candidates begin to give very serious consideration to the prospects of such changes. The excessive delay in the process entails the risk that the former “circle of friends” of BRICS could turn ...